Job insecurity,subjective well-being and job performance: The moderating role of psychological capital |
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| Institution: | 1. Department of Tourism and Hotel Management, Near East University, 99138 Nicosia, TRNC, Mersin 10, Turkey;2. College of Hospitality & Tourism Leadership, University of South Florida Sarasota, Manatee, USA;1. University of Mississippi, United States;2. Florida State University, United States;1. Goodman School of Business, Brock University, St. Catharines, Ontario L2S 3A1, Canada;2. School of Business and Economics, University of Management and Technology, Lahore, Pakistan;3. School of Business, Monash University, Bandar Sunway, Malaysia;4. Faculty of Management Sciences, International Islamic University, Islamabad, Pakistan;1. Washington State University Vancouver, United States;2. University of Wisconsin Oshkosh, United States;3. Universidad de Santiago de Chile, Chile;1. Department of Tourism, Shih Hsin University, Taiwan;2. Department of Tourism and Leisure, National Penghu University of Science and Technology, No. 300, Liu-Ho Rd., Makung, Penghu, Taiwan;1. Dokuz Eylül University, Seferihisar Fevziye Hepkon School of Applied Sciences, ?zmir, Turkey;2. Mersin University, Social Sciences Institute, Mersin, Turkey;1. School of Hospitality Business Management, Carson College of Business, Washington State University, Pullman, WA 99164, USA;2. Graduate School of Tourism, Kyung Hee University, Seoul, South Korea |
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| Abstract: | The article illuminates one of the central concerns in organizational study; the extent to which job insecurity (JI) affects employees’ subjective well-being (SWB) and consequently their job performance (JP) in hospitality industry. Building on the transactional theory stress and coping, the study analyses the buffering role of psychological capital (PsyCap) as a strategy by which employees overcome the negative impact of JI on SWB and JP. Respondents include 250 four and five star hotel employees in Tehran, Iran. The results highlighted the mediating role of SWB, affirming that JI negatively impacts employees’ JP via decreasing their SWB. Furthermore, the results show that employees with high level of PsyCap are able to cope with JI. Hotel management teams should make appropriate decisions to minimize or eliminate stressful stimuli, particularly JI in the workplace, which has been found to have severe mental, emotional and behavioural consequences. |
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| Keywords: | Employees Well-being Psychological capital Hotel Job insecurity |
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