Organizational commitment is an attitude that describes the psychological attachment of the employee with the organization.
According to John Meyer and Natalie Allen there are three different types of organizational commitment:
Affective commitment is based on positive emotions. The employee is identifying with the organization. He also identifies with a good financial compensation, job satisfaction.
Continuance commitment is when you have no other choice but to stay. Leaving the company involves economic costs and social costs based. This type we are going to see more often these days.
Usually continuance organizational commitment was determined by being in the same company for years. Because people developed competencies that could be applied to new positions they started to move more often. Talented people were scarce. Now, with the “crisis”, jobs are scarce. Only for now …
Normative commitment is based on what you feel is right. You perceive as having an obligation and you stay with the organization because is the right thing to do. Loyalty is never overrated … is only underpaid.
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