Published Paper Details:

ABSTRACT: The purpose of the study was to understand and to determine the Nature of psychological contract in selected Sugar Industries of Belagavi district. The study was also conducted by administering questionnaire and interview containing in the area of psychological contract that is Initial expectation of the Employee, about the employee's relationship with management. The initial level of promises and commitments made by management, fulfillment of responsibilities and obligation towards the employment. Psychological contract is regarding unwritten obligations that are expected to be fulfilled, regarding career development and opportunities, communication and transparency and trust and mutual obligation between employees and management from the employee perspective. Total 300 employees were taken for the study, fifty employees from each six selected Talukas of Sugar factories from Belagavi district. Interview method was also used to collect their experience in the Sugar industries regarding their psychological contract. The analyses were carried out separately on the basis of Martial status, Designation, Experience and Qualification. To make an efficient and effectively competitive and motivated human resource in the industry, Management has to understand the nature of Psychological contract which is prevailing in their industries and to keep the psychological contract intact, and to meet employees unwritten expectations. Therefore proper care has to be taken that the breach of psychological contract should not happen in the Industry.