The psychological contract is a concept that refers to the unwritten, informal expectations and obligations between an employer and an employee. It is an important aspect of the employment relationship and has been a topic of interest for psychologists and business professionals for many years. The psychological contract can be categorized into various types, each with its own characteristics and implications. In this article, we will examine some of the most common types of psychological contract PDF.

1. Transactional Contract

The transactional contract is the most basic type of psychological contract and is based on a simple exchange of goods or services. In this type of contract, the employee provides their skillset and labor in exchange for compensation and benefits provided by the employer. The transactional contract is a purely economic relationship and does not involve any emotional or social ties between the parties.

2. Relational Contract

The relational contract is a more complex type of psychological contract that takes into account the social and emotional aspects of the employment relationship. In this type of contract, the employee expects more than just financial compensation and benefits. They seek a supportive work environment, clear communication, and fairness in the workplace. The employer is expected to provide opportunities for personal and professional growth and development.

3. Balanced Contract

The balanced contract is a type of psychological contract that seeks a balance between the transactional and relational aspects of the employment relationship. In this type of contract, the employee seeks financial compensation and benefits as well as a supportive work environment and opportunities for growth and development. The employer is expected to provide clear communication, fairness, and transparency in all aspects of the employment relationship.

4. Implicit Contract

The implicit contract is a type of psychological contract that is based on unwritten expectations and obligations between the employer and employee. This type of contract is not formally agreed upon but is understood and implied by both parties. The employee expects job security, fair treatment, and opportunities for growth and development. The employer expects loyalty, commitment, and a strong work ethic from the employee.

5. Explicit Contract

The explicit contract is a type of psychological contract that is formally agreed upon and documented in writing. This type of contract outlines the expectations and obligations of both the employer and the employee in detail. The explicit contract is legally binding and can be used as evidence in legal disputes.

In conclusion, the psychological contract is an important aspect of the employment relationship that can have a significant impact on job satisfaction, employee retention, and organizational success. By understanding the different types of psychological contract PDF, employers can create a work environment that meets the expectations and needs of their employees, leading to a more productive and satisfied workforce.