Employees' work outcomes associated with the psychological contract within private training institutions

Abstract

Workplace change is caused by the utilization of new technology, changing legislation, globalization and competitive markets. Employees are exposed to new management techniques as well as altered Human Resource policies and activities which consequently lead to an altered employment relationship. The psychological contract plays a major role in the relationship between an employee and employing organisation. The aim of this study was to determine employees' work outcomes associated with the psychological contract within private training institutions. The research method included a comprehensive literature review and an empirical study. The measuring instrument the Psychological Contract of Employment Survey (PSYCONES) "Questionnaire on the perceptions of work was used to attain the research objectives. Through target sampling 218 employees participated in the study. The SSPS programme was utilized for statistical analysis and it was found that no significant relationship between job satisfaction, health, well-being and organisational commitment existed. There was a correlation found between job satisfaction and health and well-being. Regression analysis indicated that variance in job satisfaction and organisational commitment is practically significant but not statistically significant. The same type of analysis indicated that health and well-being did not have a significant amount of predictive value with regard to organisational commitment. Relatively high levels of job satisfaction, health, well-being and organizational commitment were confirmed for workers in private training institutions.