Impact of Individuals Spirit at Work on Psychological well-being of Employees: Moderating Role of Organizational Culture

Abstract

The pace of interest in workplace spirituality is gaining momentum around the globe; the existent literature is filled with the promise of what the consciousness of spirituality can do in the organizational context. However, individual’s aspect of workplace spirituality is relatively new and under-examined phenomenon and particularly its knowledge in the banking sector of Pakistan is unnoticed. The concepts of spirituality and psychological well-being are still in their infancy, emerging and multidisciplinary; and lack of studies in business and management literature inspired the researcher to examine the relationship of individual’s spirit at work with job stress and burnout and role of context such as organizational culture in strengthening or weakening this relationship. Therefore, this thesis provides an original contribution to the existing literature. This study contributes to the existent literature by investigating the impact of individuals spirit at work on job stress and burnout as important indicators of psychological well-being in the banking sector of Pakistan, and also the moderating role of organizational culture. Data has been collected through structured questionnaire from 370 managers working in public and private sector banks of Pakistan. Different statistical tools such as Correlation analysis, Confirmatory factor analysis, Structural equation modeling and hierarchical regression analysis have been applied for analyzing the data. The findings of the study provided considerable support for the hypothesized relationships between overall individual’s spirit at work and job outcomes but marginal support for the hypothesized relationships between spirit at work dimensions and job outcomes. Regarding interactive effects, the results provided marginal support for hypothesis that organizational culture will moderate the effects of individual’s spirit at work on job outcomes. This thesis opens new horizons of future research. The findings have significant implications for banking industry