Abstract
This study analyzes whether the four components of subjective well-being—satisfaction with life, flourishing, positive affect, and negative affect—are independent, form a hierarchical structure, a composite structure, or a causal structure. It also examines the social and personality factors that predict subjective well-being among millennials in India. One thousand seven hundred and seventy-nine millennials, aged 16–27, attending technical educational institutions in India, participated. Four components assessed subjective well-being. Factual and subjective indicators of income, education, health, and relationships were measured. An inventory assessed Big-Five personality factors. The hierarchical structure, having interrelated components, formed subjective well-being better than other structures. The most important positive social predictor of the hierarchical structure of subjective well-being was satisfaction with personal relationships and the personality predictor was emotional stability. Activities which promote personal relationships and emotional stability can improve the subjective well-being among millennials.
Highlights
This study explores the structure of subjective well-being (SWB) of millennials in India as it assesses their contentment and good life (Park, 2004)
High satisfaction with life (SWL) was associated with high FL, high positive affect (PA), and low negative affect (NA); high FL was associated with high PA and low NA; high PA was associated with low NA
The average values of the components of SWB suggested that millennials were near the two-third level of the response scale on SWL, FL, and PA, and below the midpoint of the scale on NA (Table 2)
Summary
The beginning of widespread use of information technology following globalization in India during the 1990s coincides with the early years of millennials. They are “digital natives” and almost always connected to the Internet through computers, cell phones, and online social networks. Technology has provided them with a platform from which they can explore new avenues of education, entrepreneurship, innovation, wealth creation, and work-life integration They can achieve anything that promotes their self- Damodar Suar ABOUT THE AUTHOR. Research interests of Amrit Kumar Jha include chronotypes and happiness; Sitanshu Sekhar Das include leadership, cognition, happiness, and disaster studies and Priya Alat include leadership, values, happiness, and disaster studies
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