Purpose: To assess the existence of 'Psychological Contract Breach' (PCB) in the academic and corporate sectors. To explore factors with limited prior research work and analyze their significance on the Psychological Contract of employees. Design/methodology/approach: Variables are Organizational Trust, Job Satisfaction, and Recognition. Respondents of both academic and corporate sectors were identified and snowball sampling was done, the research instrument being a questionnaire. Statistical analyses of ANOVA, chi-square, correlation test, t-tests and Post-Hoc tests were performed. Findings: Demographic factors have little effect on the Psychological Contract Breach variables, but they have a significant impact when considered under individual sections of corporate and academics. There is a difference in the Psychological Contract Breach amongst corporate and academic sectors' employees. Originality/value: The originality of the study lies in its comparison between the corporate and academic sectors and introducing noteworthy variables with limited past literature. A study of the sort for the first time in the state of Assam, India contributes to the geographical aspect as well.