• Neetu kwatra
• Dr Ravi parkash

This study explores the concept of organizational culture from a range of perceptions, opening with the challenge of characterizing culture and the different approaches in which it has been reviewed and analyzed. The study goes on to understanding the relationship between culture in lieu of leadership type, value drivers as well as theory of effectiveness, job orientation and understand how change in different cultural values can result in accomplishing organizational objectives. Main objective of this study is to explore the significant impact of market and hierarchy type of culture as a mediator for edging psychological contracts. To conduct the study basic two different cultural dimension has been selected, Market and hierarchy culture. Research design is exploratory including qualitative approaches and inductive reasoning which is fruitful when we must deal with the factors present in the environment based on assumptions n beliefs influencing this Psychological contract. Finding shows that market and hierarchy culture has a significant impact in designing the psychological contract of the employees because what employees are expected from the organization is purely based on leadership, organization structure, goal achievement, profitability, monitoring and control and coordination of the supervisor or manager. It also advocates that stability and control with internal factors as well as external factor has only a facilitating role in relation to mounting psychological contract. This suggests that certain cultural values of Hierarchy and market will have a result on the employee’s psychological contracts with the managers, and that these psychological contracts help in determining the intention to stay, commitment of the employees and level of job satisfaction of the workers.

Hierarchy culture, market culture, psychological contracts (PC), leadership type, value drivers, commitment, employer-employee exchange

"Examining the role of culture type (market and hierarchy) through the lens of psychological contract: A theory perspective", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 6, page no.58-63, June-2020, Available :http://www.jetir.org/papers/JETIR2006347.pdf

"Examining the role of culture type (market and hierarchy) through the lens of psychological contract: A theory perspective", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 6, page no. pp58-63, June-2020, Available at : http://www.jetir.org/papers/JETIR2006347.pdf