The Relationship between Psychological Capital, Job Satisfaction and Subjective Happiness in Recreational Businesses

In today s dynamic workplace environment, great efforts are made for a sustainable competitive advantage. Therefore, organizational managers are more interested in the psychological state of the employees to get high efficiency and increase their job performance. By the reason of its importance in the organizational context, this study aimed to examine the relationship between subjective happiness, job satisfaction and psychological capital. The data in the study were collected from totally 387 people working in enterprises that provide recreational sports services and determined according to the convenience sampling method. The data were tested using structural equation modeling (SEM) analysis of covariance. Results demonstrated that psychological capital had a direct positive effect on job satisfaction and subjective happiness. In addition, job satisfaction influenced subjective happiness. Lastly, psychological capital indirectly and positively affected subjective happiness because of a partial mediating effect of job satisfaction. As a result, it can be said that being able to stand up to the difficulties encountered in the work environment, to realize oneself and to direct one s strength and psychology towards work (psychological capital) is very important in the formation of the general satisfaction of the personnel working in the recreation services towards life. Also, it could be interpreted that the more job satisfaction increases, the more the employee s subjective happiness level improve