A changing world: the new psychological workplace contract – AllianceBernstein

A new psychological contract is transforming the modern workplace, highlighted by an increase in collective actions and changing employee expectations.

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... A central feature of the employment relationship is the set of expectations that employers and workers have of one another. Sometimes less visible are the expectations that workers have of their employers. It’s all part of a psychological contract between employers and their workers. The core foundation of the existing psychological contract is currently undergoing a fundamental change –  one that is likely to have material implications for investors.

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