Millennials' career perspective and psychological contract expectations: Does the recession lead to lowered expectations?

Journal of Business and Psychology

Volumn 25, Issue 2, 2010, Pages 293-302

  de Hauw, Sara ^a   de Vos, Ans ^a  

^a VLERICK BUSINESS SCHOOL   (Belgium)

Author keywords

Careerism; Economic recession; Millennial generation; Optimism; Psychological contract

Indexed keywords

EID: 77952427469     PISSN: 08893268     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10869-010-9162-9     Document Type: Article

References (30)

1. Alsop, R. (2008). The trophy kids grow up: How the Millennial generation is shaking up the workplace. San Francisco, CA: Jossey-Bass.
2. Anderson, N., & Thomas, H. D. C. (1996). Work group socialization. In M. A. West (Ed.), Hanbook of work groups (pp. 423-450). Chichester: Wiley.
3. Baron, R. M., & Kenny, D. A. (1986). The moderator-mediator variable distinction in social psychological research: Conceptual, strategic and statistical considerations. Journal of Personality and Social Psychology, 51(6), 1173-1182.
4. Cennamo, L., & Gardner, D. (2008). Generational differences in work values, outcomes and person-organisation values fit. Journal of Managerial Psychology, 23(8), 891-906.
5. De Vos, A., Buyens, D., & Schalk, R. (2003). Psychological contract development during organizational socialization: Adaptation to reality and the role of reciprocity. Journal of Organizational Behavior, 24, 537-559.
6. De Vos, A., De Stobbeleir, K., & Meganck, A. (2009). The relationship between career-related antecedents and graduates' anticipatory psychological contracts. Journal of Business and Psychology, 24(3), 289-298.
7. De Vos, A., & Meganck, A. (2009). What HR managers do versus what employees value: Exploring both parties' view on retention management from a psychological contract perspective. Personnel Review, 38(1), 45-60.
8. Deal, J. J. (2007). Retiring the generation gap: How employees young and old can find common ground. San Francisco, CA: Josey-Bass.
9. Dries, N., Pepermans, R., & De Kerpel, E. (2008). Exploring four generations' beliefs about career. Is satisfied the new successful? Journal of Managerial Psychology, 23(8), 907-928.
10. Eichengreen, B., & O'Rourke, K. H. (2009). A tale of two depressions. (forthcoming).
11. Howe, N., & Strauss, W. (2000). Millennials rising: The next great generation. New York: Random House.
12. Kupperschmidt, B. R. (2000). Multigeneration employees: Strategies for effective management. Health Care Manager, 19(1), 65-76.
13. Loughlin, C., & Barling, J. (2001). Young workers' work values, attitudes, and behaviours. Journal of Occupational and Organizational Psychology, 74, 543-558.
14. Macky, K., Gardner, D., & Forsyth, S. (2008). Generational differences at work: Introduction and overview. Journal of Managerial Psychology, 23(8), 857-861.
15. OECD. (2009). Harmonised Unemployment Rates (HURs). OECD Updated, February 2009. Retrieved from http://www.oecd.org/dataoecd/32/24/42134775.pdf.
16. Raja, U., Johns, G., & Ntallanis, F. (2004). The impact of personality on psychological contracts. Academy of Management Journal, 47, 350-367.
17. Rawlins, C., Indvik, J., & Johnson, P. R. (2008). Understanding the new generation: What the Millennial cohort absolutely, positively must have at work. Journal of Organizational Culture, Communications and Conflict, 12(2), 1-8.
18. Rhodes, S. R. (1983). Age-related differences in work attitudes and behaviour: A review and conceptual analysis. Psychological Bulletin, 93(2), 328-367.
19. Rigotti, T. (2009). Enough is enough? Threshold models for the relationship between psychological contract breach and job-related attitudes. European Journal of work and organizational psychology, 18(4), 442-463.
20. Robinson, S. L., & Morrisson, E. W. (2000). The development of psychological contract breach and violation: A longitudinal study. Journal of Organizational Behavior, 21, 525-546.
21. Rousseau, D. (1990). New hire perceptions of their own and their employer's obligations: A study of psychological contracts. Journal of Organizational Behavior, 11, 389-400.
22. Rousseau, D. (2001). Schema, promise and mutuality: The building blocks of the psychological contract. Journal of Occupational and Organizational Psychology, 74, 511-541.
23. Smola, K. W., & Sutton, C. D. (2002). Generational differences: Revisiting generational work values for the new millennium. Journal of Organizational Behavior, 23, 363-382.
24. Sturges, J., & Guest, D. (2004). Working to live or living to work? Work/life balance early in the career. Human Resource Management Journal, 14(4), 5-20.
25. Sturges, J., Guest, D., Conway, N., & Davey, K. M. (2002). A longitudinal study of the relationship between career management and organizational commitment among graduates in the first ten years at work. Journal of Organizational Behavior, 23, 731-748.
26. Tomlinson, M. (2007). Graduate employability and student attitudes and orientations to the labour market. Journal of Education and Work, 20(4), 285-304.
27. Twenge, J. M., & Campbell, S. M. (2008). Generational differences in psychological traits and their impact on the workplace. Journal of Managerial Psychology, 23(8), 862-877.
28. Wong, M., Gardiner, E., Lang, W., & Coulon, L. (2008). Generational differences in personality and motivation. Do they exist and what are the implications for the workplace? Journal of Managerial Psychology, 23(8), 878-890.
29. Zemke, R., Raines, C., & Filipczak, B. (2000). Generations at work: Managing the clash of Veterans, Boomers, Xers, and Nexters in your workplace. New York, NY: Amacom.
30. Zhao, H., Wayne, S. J., Glibkowski, B. C., & Bravo, J. (2007). The impact of psychological contract breach on work-related outcomes: A meta-analysis. Personnel Psychology, 60, 647-680.