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This forum is focused on the issue of the informal contract that exists between employers and employees. Several decades ago, it was not uncommon for thereto be a large degree of loyalty between employers and employees. It is my sense that employers are expecting more from employees these days and expect employees to take more self-initiative, but may not be prepared to offer a lot of security to employees in return. I am interested in your thoughts about this “psychological contract” between employers and employees. What are and should be the expectations between the parties in today’s environment?