Used to represent an employee's confidence about their abilities to mobilize the necessary motivation, cognitive resources, and courses of action  to successfully complete a certain task.

Alma College

4 components of PsyCap: 
- Hope
- Efficacy
- Optimism
- Resilience

Components of Psychological Capital (PsyCap)

AlKahtani, N., Sulphey, M., Delany, K., & Adow, A. (2021). Do psychological and sociological capitals predict employee engagement. Management Science Letters, 11(3), 823-832.

Psychological and Sociological Capital and Employee Engagement

A positive motivational stage that we derive from our abilities to set and achieve goals.

Hope (Psychological Capital)

Efficacy (Psychological Capital)

Optimism refers to having a positive outlook on situations. This typically involves 
positive emotions and motivation.

Optimism 

Resilience involves the capacity to rebound, to from challenges, conflict,
failure, change, increased responsibility, etc. 

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