PSYCHOLOGICAL CONTRACT
CIPD issues guidance on psychological contract
The Chartered Institute of Personnel and Development has revised its factsheet examining the psychological contract.
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This factsheet gives introductory guidance. It:
defines the psychological contract
considers what research into the psychological contract tells us about the changing employment relationship, and whether there is a “new contract”
looks at the strategic implications
outlines some learning points for managers
gives the CIPD viewpoint.
A final word
“The psychological contract does not supply a detailed model of employee relations but it offers important clues about how to maintain employee commitment. With the decline in collective bargaining, attention is more clearly focused on relations between the organisation and individual employees. The psychological contract reinforces the need for managers to become more effective at the communications process. Consultation about anticipated changes will help in adjusting expectations and if necessary renegotiating the deal.” - Chartered Institute of Personnel and Development.
Want to know more?
Title: Factsheet: The Psychological Contract, Chartered Institute of Personnel and Development, revised January 2009.
Availability: To download the factsheet, free of charge, go to www.cipd.co.uk/onlineinfodocuments/factsheets.htm.
The Chartered Institute of Personnel and Development (CIPD) has more than 130,000 members and is the “leading professional institute for those involved in the management and development of people”. To find out more visit www.cipd.co.uk.