Exploring psychological capital among bank employees: Exploring human potential

Abstract

The aim of the present study was to examine Psychological Capital (PsyCap) among Private Bank Employees in Aligarh. The main objectives of the present research were to (i) Examine Psychological Capital in a group of senior and junior managers working in Private Banks. (ii) Examine the differences between the different dimensions of Psychological Capital (Self-efficacy, Hope, Optimism and Resiliency) in a group of senior and junior Managers. A sample of 74 bank employees in the age range of 29-52 years and a mean age of 37.30 years and SD of 3.9 were selected using purposive sampling of which 40 were junior managers and 34 were senior managers working in private banking sector. 12 item Psychological Capital Questionnaire (Luthans, Avolio, Avey, & Norman, 2007) was used to examine the Psychological Capital and its dimensions in a mentioned sample. The Questionnaire was administered individually to the respondents. The data were analyzed using descriptive statistics like mean, SD and inferential statistics like t test .The findings revealed no significant difference in both the group on the overall measure of PsyCap, means being 48.35 and 49.13 of Senior Managers and Junior Managers respectively. The results also revealed insignificant differences between the groups on 3 of its 4 dimensions. On the dimension of Optimism, however, significant difference was found between Senior and Junior Managers. The major limitation of the research was its small sample size.