Abstract:
Purpose: Lack of psychological wellbeing and deterioration of mental health of the personnel is
currently becoming an emerging issue in the corporate sector of Pakistan, due to the exceeding
work demands as well as the hostile working environment in most organizations. In order to cater
to this apparent issue, this study investigates the impact of decent work and socially sustainable
HRM practices on the psychological well-being of workforce, incorporating both hedonic and
eudaimonic perspectives, whilst examining the moderating role of employee voice.
Design/methodology: A survey was conducted based on the banking sector of Islamabad, Pakistan.
A total of 203 responses were collected and analyzed via SPSS and Smart PLS.
Findings: The findings of this study confirmed decent work to have a positive relationship with
psychological wellbeing of employees and socially sustainable HRM to mediate the relationship
between decent work and psychological wellbeing. However, the findings of the study did not
support employee voice to be playing a moderating role in the aforementioned relationship.
Practical Implications: This study educates managers regarding the importance of the protection
of psychological wellbeing of their workforce, improves their understanding regarding the
concepts of decent work and socially sustainable HRM, and conveys information about how these
notions may be incorporated into their organization’s HR policies.
