I have found a nice keep-it-short-and-simple take on the way an employment contract should be viewed in the Connection economy. Courtesy of Robin Woolley:
The crux of ensuring you have the right environment that attracts and retains the right talent involves changing the pyschological contract between employer and employee …
From — To
Imposed relationship (compliance, command and control) — Mutual relationship (commitment, participation & involvement)
Focus on promotion — Focus on lateral career development
Defined job requirements — Flexible roles
Meet job requirements — Adding value
Emphasis on job security & loyalty to the company — Emphasis on employability and loyalty to own career and skills
Trianing provided by organisations — Opportunities for self-managed learning
The job is everything — A work/life balance