Psychological Contract Flashcards
What is the Definition of a Psychological Contract according to Armstrong 2020?
A psychological contract is a set of unwritten expectations that exist between individual employees and their employers’
Who was Psychological contracted founded by and which Date?
Denise Rosseau
In 1960
What are the 3 things in the nature of a psych co logical contract
(Mant 1995)
1) The need for equity and justice
2) The desire for security and relative certainty
3) The need for fulfilment, satisfaction and progression
Name 3 Aspects of the Psychological Contract
1) Job Security
2) Training and Development
3) Career Prospects
Who created the Transactional v Relational Continuum
Rosseau
6 points of Transactional aspect
Transactional is Short term
Monetary based
Your expecting something
Limited emotional attachment
Direct Exchange
Identifiable
Competencies
Definition of Transactional?
Transactional means you expect something in return for your contribution in a short time frame and if not, you will not provide your contribution.
Definition of Relational
Relational means, you are willing to be patient for a longer-term mutual benefit and it is okay if you don’t get the full return in the short term.
What year was the Silent Generation
1926 to 1945
year of Baby Boomers?
1946 to 1964
Year of Gen X
1965 - 1979
Year of Gen Y
1980 - 1994
Why are Baby Boomers an economically Influential Generation
Because of the High Numbers and Relative Prosperity of the US Economy during their careers
Who Created the Psychological Contract Model
Guest and Conway
What Individual Factors can be considered in the Guest and Conway Model?
Age, Level of Organisation, Gender.
