Psychological capital as a factor of work motivation development: theoretical analysis and practical recommendations.
https://doi.org/10.37493/2307-907X.2025.6.21
Abstract
Introduction. The success of modern companies instantly depends on how motivated their staff is. In a rapidly changing economy, employee motivation is becoming a crucial advantage over competitors. The relevance of this article is dictated by the increase in cases of professional burnout, changes in labor relations due to digitalization and the urgent need to find new ways to maintain motivation. Goal. The study offers a theoretical analysis of the relationship between psychological capital and work motivation, proposing an integrative model and developing practical recommendations for the development of psychological capital to improve motivation systems in organizations. Results and discussion. This article presents an in-depth theoretical analysis of the complex relationship between psychological capital and employee work motivation. Based on critical systematization of contemporary research, the mechanisms by which each of the four components of psychological capital – self-efficacy, optimism, hope, and resilience – influence various aspects and phases of motivational processes within an organizational context are meticulously examined. A thorough comparative analysis and critical evaluation of existing conceptual models describing the link between psychological capital and diverse motivational characteristics are conducted. Significant synergistic effects arising from the interaction of psychological capital components are identified, playing a crucial role in the formation, maintenance, and enhancement of various types of work motivation. An original theoretical model is proposed, illustrating the impact of psychological capital on work motivation, which accounts for not only direct but also indirect effects via media-tors and moderators of this relationship. Conclusion. Comprehensive practical recommendations are developed for the effective formation and development of the psychological capital of employees as a strategic resource for boosting the overall effectiveness of motivational systems in modern organizations.
About the Author
F. O. Shogenova
National Research University Higher School of Economics
Россия
Россия
Fatimat O. Shogenova – Cand. Sci. (Econ.), Business Trainer, Psychologist
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Review
For citations:
Shogenova F.O. Psychological capital as a factor of work motivation development: theoretical analysis and practical recommendations. Newsletter of North-Caucasus Federal University. 2025;(6):195-203. (In Russ.) https://doi.org/10.37493/2307-907X.2025.6.21
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