Psychological Contract: A Conceptual Analysis
implicit psychological contract. While the former has numerous studies to its credit, the
latter is often neglected which creates perceptual disruptions in employees in particular.
However, over the last few decades, industrial relations have gradually been substituted by
employment relations and has led to an increase in research on employment relationships
(Guest, 1998). Given this context, it not astonishing that employment relationships and its
management has created a signifi cant inquisitiveness among researchers’ and academicians
and has made psychological contract a heavily researched topic in the fi eld of management.
Psychological contract is defi ned as perceptions of the extent to which the obligations and
promises made to employees are met.