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The Psychological Contract - A Challenge For Leadership

Author

Listed:
  • GRAMA Blanca

    (Lucian Blaga University of Sibiu, Romania)

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.

Suggested Citation

  • GRAMA Blanca, 2020. "The Psychological Contract - A Challenge For Leadership," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 72(3), pages 56-65, November.
    • Handle: RePEc:blg:reveco:v:72:y:2020:i:3:p:56-65
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/72305grama.pdf
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    More about this item

    Keywords

    Psychological Contract; Sense-Making; Breach; Fulfillment;
    All these keywords.

    JEL classification:

    • L00 - Industrial Organization - - General - - - General

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