The Relative Importance of Personality, Financial Satisfaction, and Autonomy for Different Subjective Well-Being Facets

Ng, Weiting; Kua, Wui Sing; Kang, Soon‐Hock

doi:10.1080/00223980.2019.1598928

Cited by 14 publications

(12 citation statements)

References 43 publications

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“…This could be because the relations between extraversion and well‐being may not be consistently strong across all countries and circumstances. For instance, a previous study in Singapore found that extraversion strongly predicted only positive feelings, but not life satisfaction or negative feelings (Ng et al, 2019 ). Similarly, although meta‐analyses (from prepandemic circumstances) have shown that extraversion is closely related to different SWB components (i.e., life satisfaction, positive feelings, and negative feelings) (Anglim et al, 2020 ; Steel et al, 2008 ), other studies have found that the associations between personality (in particular, extraversion) and well‐being were weaker during the pandemic (Anglim & Horwood, 2021 ).…”

Section: Resultsmentioning

confidence: 99%

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Predictors of well‐being during the COVID‐19 pandemic: The importance of financial satisfaction and neuroticism

Kang

2022

Journal Community Psychology

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Current research suggests that the COVID‐19 pandemic adversely impacts well‐being. This study examined how subjective well‐being (SWB) and psychological well‐being (PWB) in Singapore were affected during the pandemic, and the factors that were important to SWB. A representative sample of 999 respondents completed an online survey during the pandemic in August 2020 (after a lockdown was lifted). Two hundred and thirty‐two respondents completed the follow‐up Wave 2 survey 4 months later. Analyses showed that SWB and PWB during the pandemic were significantly lower than the prepandemic period. However, by Wave 2, well‐being levels recovered to levels similar to those observed in the prepandemic period. Regression analyses showed that previously established key determinants of SWB were still important predictors during the pandemic. Specifically, neuroticism and financial satisfaction were strongly associated with all three major SWB components. PWB, particularly in terms of meeting one's psychological needs for autonomy and mastery, was also closely related to SWB. The importance of financial satisfaction suggests that one avenue to buffer the detrimental effects of the pandemic on well‐being would be to formulate economic policies that can alleviate the pandemic's negative financial impact.

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Section: Resultsmentioning

confidence: 99%

“…Data for the prepandemic period were obtained from a 2016 study involving a nationally representative sample from Singapore (see Ng et al, 2019 , for further details). The current study drew on the SWB and PWB data from the 2016 survey.…”

Section: Methodsmentioning

confidence: 99%

Predictors of well‐being during the COVID‐19 pandemic: The importance of financial satisfaction and neuroticism

Kang

2022

Journal Community Psychology

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“…Financial satisfaction was measured using one item in this study for the following reasons. First, one item to measure financial satisfaction has been used and its reliability has been confirmed from previous studies [ 27 , 35 – 37 ]. In this study, to make our results more comparable with these studies, we also used one item to collect financial satisfaction data.…”

Section: Discussionmentioning

confidence: 87%

Mediation role of perceived social support and burnout on financial satisfaction and turnover intention in primary care providers: a cross-sectional study

Yan

Sang

Hong-zhang

et al. 2021

BMC Health Serv Res

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Background Turnover intention is a major cause of reduced team morale and low work efficiency. It hinders work performance and reduces the quality of medical services. This study aimed to investigate the relationship between financial satisfaction and turnover intention and its mediators among primary care providers. Methods Multi-stage random cluster sampling was used to select 1241 participants from four counties and three districts in Anhui province, China. Data were collected using a self-administered questionnaire. Turnover intention was assessed with a turnover intention assessment scale. Perceived social support and burnout were measured with the 12-item Perceived Social Support Scale and the Chinese version of the Maslach Burnout Inventory, respectively. Structural equation modeling was used for data analysis. Results The findings showed high turnover intention among primary care providers (mean score 14.16 ± 4.337), and most providers reported low financial satisfaction (mean score 2.49 ± 0.990). The mean perceived social support score was 64.93 ± 13.229, and only 6.1% of primary care providers reported no burnout. Compared with participants with high financial satisfaction, those with low financial satisfaction were more likely to report higher turnover intention (β = − 0.216, p < 0.001), less perceived social support (β = 0.181, p < 0.001), and more severe burnout (β = − 0.123, p < 0.05). Turnover intention may be related to perceived social support (β = − 0.147, p < 0.001) and burnout (β = 0.239, p < 0.001). Furthermore, the effect of financial satisfaction on turnover intention was significantly mediated by perceived social support (β = − 0.027, p < 0.001) and burnout (β = − 0.029, p < 0.05). Conclusions Turnover intention is associated with financial satisfaction, with this association mediated by perceived social support and burnout. A reasonable mechanism needs to be established to improve financial satisfaction and perceived social support and reduce burnout among primary care providers.

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“…Unfortunately, the EQLS dataset does not include any information on personality traits, so these effects could not be considered. However, there is also evidence that autonomy (Hojman and Miranda 2018;Ng 2015), as well as self-evaluated functionings like respect (Ng et al 2019), friendship (Ng et al 2019), health (Budría and Ferrer-I-Carbonell, 2019), or financial satisfaction (Ng 2015), have independent effects on life satisfaction when controlled for personality traits. These are shortcomings enforced by the data available.…”

Section: Resultsmentioning

confidence: 99%

The Value of Autonomy for the Good Life. An Empirical Investigation of Autonomy and Life Satisfaction in Europe

Steckermeier

2020

Soc Indic Res

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This paper examines the association of opportunity and choice enhancing societal conditions and perceived autonomy with life satisfaction in Europe. Building on the capability approach, I investigate whether the positive effects of six basic functionings—safety, friendship, health, financial security, leisure, and respect—on people’s life satisfaction are weaker when people have more opportunity and choice. This paper addresses two main questions: (1) Are people more satisfied with their life when they have more opportunity and choice? (2) Do basic functionings play a smaller role for life satisfaction in societies that enable more opportunity and choice and for individuals with more perceived autonomy? The analyses are based on the European Quality of Life Survey (2016), covering 36,460 individuals in 33 European countries and using multilevel linear regressions. My study finds that both choice and opportunity enhancing societal conditions and individual’s perceived autonomy are positively associated with on life satisfaction. Further, all six basic functionings are conducive to individual life satisfaction. The positive effects of health, financial security, respect, and friendship are reduced when people experience a great deal of autonomy over their lives. Societal conditions that provide people with more opportunity and choice further lower the positive effects of financial security, leisure, respect, and safety on individual life satisfaction. This corroborates the importance the capability approach attributes to individual opportunities and freedom of choice.

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The Relative Importance of Personality, Financial Satisfaction, and Autonomy for Different Subjective Well-Being Facets

Cited by 14 publications

References 43 publications

Predictors of well‐being during the COVID‐19 pandemic: The importance of financial satisfaction and neuroticism

Predictors of well‐being during the COVID‐19 pandemic: The importance of financial satisfaction and neuroticism

Mediation role of perceived social support and burnout on financial satisfaction and turnover intention in primary care providers: a cross-sectional study

The Value of Autonomy for the Good Life. An Empirical Investigation of Autonomy and Life Satisfaction in Europe

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