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What are the differences between flat tax policy and progressive tax policy and what do supporters say are the benefits of each?
Reciprocal Obligations
Mutual expectations and duties between two parties, especially in a work environment where employees and employers depend on each other's actions.
Psychological Contract
The unwritten set of expectations between an employer and an employee regarding mutual obligations.
Unrealistically Low Expectations
Expectations that are set significantly below a realistic assessment of achievable outcomes, often leading to underperformance or missed opportunities.
Psychological Contract Breach
The perception that an employer has failed to fulfill one or more unwritten expectations of the employment relationship.
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