What Is the Psychological Contract That Exists in the Workplace

question 77

Multiple Choice

What is the psychological contract that exists in the workplace?

• A)the employer's legal obligation to provide a fair wage or salary for the work an employee performs
• B)the use of a fair process in decision making and helping others know that the process was as fair as possible
• C)the comparison of the ratio of an employee's outcomes to inputs against the outcome to input ratio of some comparison person
• D)the degree to which employees want personal and psychological development
• E)the set of perceptions of what employees owe their employers and what their employers owe them

Understand the concept of business acumen and its relevance to HR professionals.

Identify the principal clusters of competencies necessary for success in HRM.

Recognize the ethical foundations and importance of privacy and due process in HR practices.

Understand ethical standards in HRM practices.

---

Definitions:

Achievement Motivation

The drive to excel, achieve in relation to a set of standards, strive to succeed, and take pride in accomplishments.

Career Development

The progression and growth in one's professional life, including job advancement, skill acquisition, and achieving personal career goals.

Expectancies

refer to beliefs or anticipation about the likelihood that certain behaviors will achieve specific outcomes or that future events will unfold in particular ways.

Values

Core beliefs or principles that guide an individual's behavior and decision-making, reflecting what is important in their life.