Developing and Validating the Scale for Measuring Psychological Contract of Private Higher Educational Institutions in Odisha

Abstract

There is a much discussion on the psychological contract among the private sectors.  This has resulted in understanding the different aspects of psychological contract in private higher educational institutions in Odisha. The psychological contract has emerged as an important analytical framework to examine the employment relationship. The term “psychological contract” means that the person has a lot of different expectations from the organization and the organization has a lot of different expectations from the person as well. These expectations not only deal with how much work should be done for how much money, but also how workers and organisations should treat each other. This study attempts to undertake a pilot study among the 47 employees of higher educational intuitions in Odisha. In this study, we have done the pilot study and reliability and validity test by taking 47 respondents who are the employees of different private higher educational institutions in Odisha. The sample of the respondents were carefully also identified. The results indicate that the psychological contract questionnaire is a reliable and valid instrument for measuring the different dimensions of psychological contract. Understanding different aspects of psychological contract help the institutions to retain and engage their employees for better productivity.