Feeling good and doing great: the relationship between psychological capital and well-being

Abstract

This study seeks to determine the relationship between psychological capital and an employee's eudaimonic and hedonic well-being. Panel data were collected from 102 extension agents over a 2-week interval. In addition, daily surveys were collected from 67 of the participants. Results from the panel data indicated that the relation between psychological capital and hedonic well-being, measured two weeks later, is mediated by eudaimonic well-being. Results from the daily surveys found that daily eudaimonic work well-being was significantly associated with both daily positive mood and daily life satisfaction and that variance in eudaimonic work well-being was predicted by one's psychological capital.