Social Capital and Psychological Capital as Predictors of Performance and Wellbeing in the Indian Context

Abstract

The incremental contribution of social capital over psychological capital in explaining employees’ performance and wellbeing in the Indian Banking sector is explored. Data was collected from 101 clerical employees, using standardised questionnaires and they have adequate reliability coefficients. Data was analysed by hierarchical regression method. None of the demographics variables predicted any of the outcome variables. Self efficacy was the only psychological capital which emerged as the significant predictor of both performance and wellbeing. Bonding capital emerged as a significant predictor of job performance. Bridging capital caused a negative variance in both job performance and well being. Results were discussed in the light of existing theories and frameworks