Integration of the Economic Contract and Psychological Contract

Economic contract and psychological contract are both important in enterprise human resources management. They are the emotional bands between the enterprise and employees, which depend on each other and have a tight connection with each other. The ultimate goal of an enterprise is the achievement and maintenance of psychological contract, but without economic contract, psychological contract will lack of innovation encouragement. The enterprise should implement system construction, dynamic contract management, total compensation management, emotional management and differential incentive to integrate the economic contract with psychological contract.