People often have different opinions of things. If Kim, one of their investment specialists, doesn't believe that her psychological contract with Schwab is equitable, what might be the results in;
- Kim might ask for a pay raise.
<h3>Is equity theory and the psychological contract linked?</h3>
Equity is known to be the central point of any psychological contract. When viewed from employees perspective, employers are known to be the currency exchanges.
Employees are known to exchange something that is not of value or productive for something that has value/money.
See options below
a. Kim might be promoted by the firm.
b. Kim might ask for a pay raise.
c. Kim might hire a lawyer to make revisions to her psychological contract.
d. Kim might work harder to get noticed.
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