THE PSYCHOLOGICAL CONTRACT - A CHALLENGE FOR LEADERSHIP

Blanca Grama
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Blanca Grama: Lucian Blaga University of Sibiu, Romania

Revista Economica, 2020, vol. 72, issue 3, 56-65

Abstract: In times of economic crisis and social change will be difficult for employers to fulfill their part of the psychological contract, changes that will influence the way that employees feel and act towards employers. The psychological contract helps by explaining these changes, by indicating ways of approaching and consolidating them. These kinds of changes have validated and accreditated the psychological contract as functional for the employee. Therefore, it is important to maintain the psychological contract to ensure a healthy and lasting relationship, a fulfilled psychological contract will lead to higher work satisfaction and productivity.

Keywords: Psychological Contract; Sense-Making; Breach; Fulfillment (search for similar items in EconPapers)
JEL-codes: L00 (search for similar items in EconPapers)
Date: 2020
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