Psychological contract’: An Introduction
In 1960 Argyris gave the concept of the ‘psychological contract’. However, this concept got remarkable popularity amongst various researchers relating to organizational management. During the 1990’s the global economy witnessed an economic recession that caused major restructuring, mergers and acquisition in various organizations. Such changes also led to a new approach towards the organizations, employers and the workers. The concept of the psychological contract assisted in explaining these changes and, the renewed focus amongst employees and employers (Van den Brande, 1999).
The early definitions of psychological contract created expectations from the both the individual and the organizations. In 1989 ...
