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How does employee financial well-being influence employee productivity: a moderated mediating examination

How does employee financial well-being influence employee productivity: a moderated mediating... Drawing from the combined theoretical approaches of the conservation of resources theory, broaden-and-build theory of positive emotions and social cognitive theory, the current study examined the relationships between employee financial well-being and employee productivity via employee happiness while exploring the moderating role of gender in this mediated relationship.Design/methodology/approachUsing partial least squares approach for structural equation modeling, the hypothesized model was tested employing primary data collected from banking employees.FindingsThe results showed that employee financial well-being has a significant positive effect on employee productivity and this effect was mediated by employee happiness. In addition, the results showed that this indirect effect was moderated by gender such that the relationship was more pronounced in males (versus females).Originality/valueThis study contributes to the nescient research on the consequences of financial well-being especially at an organizational level, with several implications for individuals, employees and organizations, while at the same time offering new insights for future investigation.Peer reviewThe peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-09-2023-0676 http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Social Economics Emerald Publishing

How does employee financial well-being influence employee productivity: a moderated mediating examination

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References (77)

Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
0306-8293
DOI
10.1108/ijse-09-2023-0676
Publisher site
See Article on Publisher Site

Abstract

Drawing from the combined theoretical approaches of the conservation of resources theory, broaden-and-build theory of positive emotions and social cognitive theory, the current study examined the relationships between employee financial well-being and employee productivity via employee happiness while exploring the moderating role of gender in this mediated relationship.Design/methodology/approachUsing partial least squares approach for structural equation modeling, the hypothesized model was tested employing primary data collected from banking employees.FindingsThe results showed that employee financial well-being has a significant positive effect on employee productivity and this effect was mediated by employee happiness. In addition, the results showed that this indirect effect was moderated by gender such that the relationship was more pronounced in males (versus females).Originality/valueThis study contributes to the nescient research on the consequences of financial well-being especially at an organizational level, with several implications for individuals, employees and organizations, while at the same time offering new insights for future investigation.Peer reviewThe peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-09-2023-0676

Journal

International Journal of Social EconomicsEmerald Publishing

Published: Sep 10, 2024

Keywords: Employee financial well-being; Gender; Employee happiness; Employee productivity; Moderated mediation

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