Relationship Between Psychological Capital, Job Satisfaction and Turnover Intention of Bank Employees

The aim of the present study is to examine the relationship between psychological capital, job satisfaction and turnover intention of employees of banks of public sector undertaking in India. A sample of 100 employees including 77 males and 23 females is selected for the investigation. PsyCap was measured with the use of the 24-item psychological capital questionnaire (PCQ) by Luthans, Youssef, and Avolio (2007). The Job Satisfaction Scale (JSS) was developed by Muthayya (1973) and Turnover Intention assessed through Shore and Martin (1989) scale. Findings of study shows that there is not a significant correlation between psychological capital and job satisfaction but psychological capital and turnover intention have a negative significant correlation. It is also reveals that there is significant difference in male and female's job satisfaction and turnover intention.