Psychological Capital (PsyCap) is a positive state-like capacity that has undergone extensive theory-building and research.
The PCQ, a measure of PsyCap with 24 items, has undergone extensive psychometric analyses and support from samples representing service, manufacturing, education, high-tech, military and cross cultural sectors. Each of the four components in PsyCap are measured by six items. The resulting score represents an individual's level of positive PsyCap.
Copyright © 2007 by Fred Luthans, Bruce J. Avolio, & James B. Avey
Features of the PCQ
Purpose: Measure Psychological Capital (PsyCap)
Length: 24 items
Average completion time: 10-15 minutes
Target population: Working adults
Uses of the PCQ
What is PsyCap?
Psychological Capital is defined as:
"an individual's positive psychological state of development and is characterized by: having confidence (self efficacy) to take on and put in the necessary effort to succeed at challenging tasks; making a positive attribution (optimism) about succeeding now and in the future; persevering toward goals and, when necessary, redirecting paths to goals (hope) in order to succeed; and when beset by problems and adversity, sustaining and bouncing back and even beyond (resilience) to attain success."
--Luthans, Youssef & Avolio, Psychological Capital (Oxford University Press, 2007)
Thus, the PsyCap consists of efficacy, optimism, hope and resilience and when combined has been shown to represent a second-order, core factor that predicts performance and satisfaction better than each of the four factors that make it up (Luthans, Avolio, et al., 2007).
Published research on PsyCap has found that it is related to multiple performance outcomes in the workplace, lower employee absenteeism, less employee cynicism and intentions to quit, and higher job satisfaction, commitment, and organizational citizenship behaviors. Research has also found PsyCap can be enhanced by a supportive work climate. In terms of being state-like, PsyCap has been developed by short training sessions in both classroom and field settings and electronically through the internet.
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