What Are the Key Features of the Psychological Contract

question 58

Essay

What are the key features of the psychological contract?

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Definitions:

Monetary Incentive

Financial rewards given to employees or individuals to motivate performance and achieve specific outcomes or behaviors.

Transactional Leadership

A leadership style focused on the exchange process between leaders and followers, emphasizing performance and rewards for achieving objectives.

Charisma

A compelling attractiveness or charm that can inspire devotion in others, often seen as a leadership trait.

Personal Reference

A recommendation provided by someone who knows you personally, rather than professionally, attesting to your character and abilities.