Introduction
The primary objective of this report is to analyze the concept of flexible working and psychological contracts. Also, it aims at evaluating the influence of flexible working in an organization. The first part covers literature review of psychological contract and its impacts on business performance. Psychological contract is a notion that the employee and employer have a mutual relationship whereby both have expectations. According to CIPD (2016a) flexible working is whereby the employees have a degree of flexibility on work schedules such as working four days a week, part-time work, job-sharing, and annual hours. Flexible work improves retention and ...