Psychological contract • The perception of the agreement held by employees that includes: – a set of ____________, and – reciprocal _______________. Psych contract components • Transactional – __________________________ – Employer obligations: __________ __________________________ – Employee obligations: __________ _____________________________ Psych contract components • Relational – _______________________ • Employer obligations: ________ ________________________ • Employee obligations: ________ __________________________________ __________________________________ Remember, psych contracts are individually held • • • • Restaurant -- ______________ New car dealer -- ___________ University -- _______________ Local Company? -- ___________ _________________________ Model for Managing Psychological Contracts Sharing Information And Negotiating Expectations planned termination renegotiation under duress resentful termination return to the way things used to be Role Clarity And Commitment Stability Crunch (choice point) Pinch (choice point) resentment anxiety Disruption of Shared Expectations ambiguity uncertainty planned renegotiation