Question

Under the new type of psychological contract, organizations expect employees to contribute time, effort, skills, abilities, and loyalty in return for job security and opportunities for promotion within the organization.

True / False.

Answer 1

The answer is: False

Step-by-step explanation:

This statement deals with traditional psychological contracts.

New Physiological contracts are considered more temporary (or even unstable). The relationship between employer and employee is seen more as a partnership, not so much as permanent.

Such a relationship is more common between knowledge workers that work with specific contracts. The world is changing too fast, so people´s expectations about what they want for a career are continuously changing also.

Nowadays it has become very difficult for organizations to retain talent, freelance work is flourishing in highly trained fields. It is common to see acquisitions of new tech startups solely for their human resources.