Psychological Contract: Its Influence on Attrition in Manufacturing Sector
Saikat Chakrabarti1, Ipseeta Satpathy2, B.C.M Patnaik3
1Saikat Chakrabarti*, Researcher, KSoM , KIIT Deemed to be University at Bhubaneswar, India.
2Dr. Ipseeta Satpathy, D. Litt , Senior Professor, KSoM , KIIT Deemed to be University at Bhubaneswar, India.
3Dr. B.C.M Patnaik, Professor, KsoM, KIIT Deemed to beUniversity, Bhubaneswar, India,
Manuscript received on December 16, 2019. | Revised Manuscript received on December 22, 2019. | Manuscript published on January 10, 2020. | PP: 213-220 | Volume-9 Issue-3, January 2020. | Retrieval Number: B8123129219/2020©BEIESP | DOI: 10.35940/ijitee.B8123.019320
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Human resources in organisations are the only resources capable of exercising their intelligence and intellect. Naturally greater the distance and difference from their pre-entry expectations and post-entry experiences, more is the possibility of attrition. Organisations thus lose experienced employees. The researchers here have identified the factors behind the break of psychological contract by the employees. Predicting attrition is a challenging task for the Human Resource (HR) managers and employers. So, after analysing the loopholes in the earlier literatures, the researchers have attempted to discover the common components of psychological contract breach and violation causing attrition. Method of factor reduction has been used here. Finally, the authors have introduced two factors: (i) Effect of post-separation betrayal on psychological contract(PC) and attrition, (ii) Impact of global trade-war on the same , i.e., PC and attrition. The present article is instrumental for employers in identifying as well as controlling break of psychological contract and arresting attrition in manufacturing sectors. New factors, identified by the present authors, open up a new scope for future research in the manufacturing sectors.
Keywords: Psychological Contract, Psychological Contract Breach, Manufacturing Organisation, Components, Attrition; Factor Reduction, Relationship, Work-Culture.
Scope of the Article: Small Batch Manufacturing