The belief by Jack that he will receive a higher holiday bonus if he works hard is called a transactional based psychological contract.
When a person believes that they are in a transactional based psychological contract, it means that they believe that they will get a certain benefit if they do something.
This belief is psychological because it is not usually specified like the belief held about working hard by Jack.
Find out more on a transactional based contracts at https://brainly.com/question/15711409.
#SPJ1