The Revised Relationship between Employer and Employee: Why New Rules of Engagement and Revised Psychological Contracts Are Globally Required

Abstract

This chapter is primarily written for employers. Yes, organizations’ need for a different employee profile has indeed changed. And yes, there is no doubt that many people, across the globe either do not understand the specifics of or existence of this change or have chosen not to respond to it. But most important, what research and reports tell us is that employers and employees are not having effective conversations as to what has changed, what is now needed relative to human capital competencies and skills, and how both (the employees and their respective organizations) can better support one another in attaining the organization’s goals.