Measurement of Employees Subjective Well-Being as an Aim of Social Responsibility

Abstract

Social responsibility (SR) includes well-being of all. Improving of SR depends also on measurement of well-being. In organizations it requires a hierarchy/network of requisitely holistic factors and indicators. We regarded several definitions of subjective well-being that take into account multiple dimensions and selected factors to be structured in the multi-criteria model: positive affect, negative affect, and life satisfaction. The article presents results of empirical research of subjective well-being in organizations in Slovenia. The factor analysis and theoretical foundations of the characteristics of subjective well-being factors, determined the importance of the criteria—multiple dimensions of subjective well-being. Data about positive and negative affection were obtained with the ‘Positive Affect Negative Affect Scale’; data about life satisfaction were obtained through the ‘Satisfaction with Life Scale’; thus the local values of alternatives—types of organizations in Slovenia—were measured by using value functions. The level of well-being—the aggregate value of well-being measure was assessed with multi-criteria decision-making methods. One can thus benchmark the well-being performance of organizations, determine the key success and failure factors and benefit from good examples. Results offer information for the interventions to increase the subjective well-being in organizations and thus to attain more SR in organization-internal relations.