MGTA01H3 Chapter Notes - Chapter 10: Job Satisfaction, Psychological Contract, Job Security
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MGTA01H3 Full Course Notes
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Psychological contract: the set of expectations held by an employee concerning what he or she will contribute to an organization, and what the organization will provide. If either side perceives inequity in the contract, that party may seek a change. If it is created, managed and maintained well, workers are more likely to be motivated. the employees ( inducements) in return. >employee may look for another job, employer may re. >psychological contracts has become harder to due to the changing market. Job security in todays workforce is less likely, therefore, other inducements must be made to cover up the gap. Human relations: interactions between employers and employees and their attitudes toward another. >under valued employees may perform under capabilities or leave for a better job. . Job satisfaction: the degree of employment that people derive from performing their jobs. If people enjoy their job, they are relatively satis ed. Morale: the overall attitude that employees have toward their workplace.
