IMPACT OF PERCEIVED WORK STRESS, ORGANIZATIONAL SUPPORT AND PSYCHOLOGICAL CAPITAL ON WORK MEANINGFULNESS: A FACTOR ANALYSIS PERSPECTIVE

DOI: https://doie.org/10.0611/Nerj.2024732359

Nidhi, Raminderapal Singh, Kiranjeet Kaur

Keywords:

Work meaningfulness, Banks, Employees, Perceived Organizational support, Perceived work stress, Psychological Capital, Work Environment.


Abstract:

This study aimed to investigate the impact of perceived work stress, organizational support, and psychological capital on work meaningfulness among bank employees in Punjab, India. 300 employees from various public and private sector banks were selected for the study. Data was collected using Workplace Stressors Assessment Questionnaire, the Survey of Perceived Organizational Support scale, the Psychological Capital Questionnaire, and the Work and Meaning Inventory. The study found a significant negative correlation between perceived work stress and work meaningfulness, while a strong positive correlation existed between perceived organizational support and work meaningfulness, and between psychological capital and work meaningfulness, this is the first exploration of this relationship among bank employees in Punjab. It offers valuable insights for banks to improve work environments, emphasizing the importance of organizational support and psychological capital in reducing stress and enhancing work meaningfulness.


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