IMPACT OF PSYCHOLOGICAL CAPITAL ON JOB SATISFACTION: A STUDY ON SELECTED PROFESSIONAL COLLEGES OF SOUTH KERALA
Abstract
Raising employee satisfaction at work is one of the key options being addressed by business executives as they work hard to raise the competitive potential of their firms. This paper investigates the impact of Psychological Capital on job satisfaction of faculties of selected private professional colleges of South Kerala. Psychology has long been associated with mental disease or instability, but recent research has demonstrated that this is not the case. Employees with a positive psychological outlook might be a valuable addition to the company's growth. Key elements of employee psychological capital are hope, self-efficacy, resilience and optimism. The study scrutinizes the relationship between psychological capital and job satisfaction of faculties and also its impact. A sample size of 136 respondents was selected for the study. Collected data was analysed using Pearson correlation and multiple regression analysis. The study recognized that there is a significant relationship between psychological capital ad job satisfaction. It is also identified from the study that not all but the components self-efficacy and hope have a positive impact on job satisfaction.
Keyword : Psychological Capital, Job Satisfaction, Pearson correlation, Multiple regression.
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References
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