The overall objective of this book is to explore psychological contract in an industry where employment relationship is short-term. This under-researched dynamics can bring about phenomena where psychological contract do exists, but the fashion at which it was present is entirely different. To explore the relationship in the fast food industry a priory objective was set 1. To find out relationship between Psychological Contract and Employment Relations. 2. To explore the constructs of psychological contract that builds employment relationship. 3. Obligation. 4. Mutuality and Reciprocity. 5. The role of organizational work values in creating psychological contract. 6. To find out the role of demographic profile of participants on psychological contract 7. To explore the outcomes of Psychological contract on employment relationship.