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Impact of Psychological Contract on Employees' Performance: A Review

Impact of Psychological Contract on Employees' Performance: A Review

Geeta Sachdeva
Copyright: © 2022 |Pages: 18
ISBN13: 9781668438732|ISBN10: 1668438739|EISBN13: 9781668438749
DOI: 10.4018/978-1-6684-3873-2.ch004
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MLA

Sachdeva, Geeta. "Impact of Psychological Contract on Employees' Performance: A Review." Research Anthology on Human Resource Practices for the Modern Workforce, edited by Information Resources Management Association, IGI Global, 2022, pp. 55-72. https://doi.org/10.4018/978-1-6684-3873-2.ch004

APA

Sachdeva, G. (2022). Impact of Psychological Contract on Employees' Performance: A Review. In I. Management Association (Ed.), Research Anthology on Human Resource Practices for the Modern Workforce (pp. 55-72). IGI Global. https://doi.org/10.4018/978-1-6684-3873-2.ch004

Chicago

Sachdeva, Geeta. "Impact of Psychological Contract on Employees' Performance: A Review." In Research Anthology on Human Resource Practices for the Modern Workforce, edited by Information Resources Management Association, 55-72. Hershey, PA: IGI Global, 2022. https://doi.org/10.4018/978-1-6684-3873-2.ch004

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Abstract

The performance of employees defines the competitive advantage of the company in current ferocious competition, and it affects the long-standing growth of the company. If a company inspires its workforce merely by the means of financial contract, then the company will not be in the position to gain the effective and efficient performances from its employees. Because apart from this financial contract, psychological contract also upsets attitudes and performance of the employees at the workplace. The spirit of the firms is the employees, and the implementation of the psychological contract can effectually decrease the turnover rate of employees and consequently increase their efficiency at the workplace. In the current chapter, first of all an attempt has been made to elucidate the concept and development process of psychological contract. After that it is endeavored to highlight the positive impact of psychological contract on employees' performances such as job satisfaction, organizational commitment, job performance, organization citizenship behavior, and turnover intentions.

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