Role of psychological capital on subjective well-being among private sector female employees

Pages: 740-744
Deepika Gupta and Priyanka Shukla (Faculty of Humanities and Social Sciences, Shri Ramswaroop Memorial University, Lucknow, Uttar Pradesh)

The word capital refers to the value of assets and resources available for a specific need. While human capital refers to “what you know” and social capital refers to “who you know”, psychological capital is reflected in person’s self-view or sense of self-esteem (Goldsmith, Veum, & Darity, 1997). Psychological Capital refers to psychological status, such as hope, optimism, self efficacy and resiliency. It helps to regulate emotions, manage thoughts, and behave in a positive manner, despite adverse circumstances. Subjective well being is an important aspect for an effective performance in each undertaking sector, as it determines the internal feelings to persuade the external actions. Currently there are several things that affect the lives of working women especially in their working environment such as work demands, personal life issues and stressful environments which has led the researcher to choosing the constructs of psychological capital and subjective well-being in order to fulfill the research gap found amongst these two domains (Tabassum & Ali, 2012). The objectives of the present study are 1) to assess positive psychological strength (i.e., hope, efficacy, resilience, & optimism) and subjective well-being of private sector female employees; 2) to examine the relationship between psychological capital and subjective well-being among private sector female employees. The sample of the present study was comprised of 30 working women in private sector in Lucknow city. The study used a quantitative research design. Psychological Capital Questionnaire (PCQ) and Satisfaction with Life Scale (SWLS) were used. Result reveals positive significant relationship between Psychological Capital and Subjective Well-being among working women.