Two studies were conducted to analyze how hope, resilience, optimism, and efficacy individually and as a composite higher‐order factor predicted work performance and satisfaction. Results from Study 1 provided psychometric support for a new survey measure designed to assess each of these 4 facets, as well as a composite factor. Study 2 results indicated a significant positive relationship regarding the composite of these 4 facets with performance and satisfaction. Results from Study 2 also indicated that the composite factor may be a better predictor of performance and satisfaction than the 4 individual facets. Limitations and practical implications conclude the article.

SummaryAfter first providing the meaning of psychological capital (PsyCap), we present a micro-intervention to develop it. Drawn from hope, optimism, efficacy, and resiliency development, this PsyCap Intervention (PCI) is shown to have preliminary support for not only increasing participants' PsyCap, but also financial impact and high return on investment.

SummaryAlthough the value of a supportive organizational climate has been recognized over the years, there is a need for better understanding of its relationship with employee outcomes. This study investigates whether the recently emerging core construct of positive psychological capital (consisting of hope, resilience, optimism, and efficacy) plays a role in mediating the effects of a supportive organizational climate with employee outcomes. Utilizing three diverse samples, results show that employees' psychological capital is positively related to their performance, satisfaction, and commitment and a supportive climate is related to employees' satisfaction and commitment. The study's major hypothesis that employees' psychological capital mediates the relationship between supportive climate and their performance was also supported. The implications of these findings conclude the article.

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We studied 199 working adults from a cross section of organizations in the United States to examine the relationship between positive psychological capital and organizational identity on employee deviance and organizational citizenship behaviors. Organizational identity was found to moderate the relationship between psychological capital (PsyCap) and both employee deviance and organizational citizenship behaviors such that employees highest in PsyCap and most strongly identified with the organization were most likely to engage in organizational citizenship behaviors and least likely to engage in deviance behaviors. We discuss implications for research and practice in the areas of PsyCap and employee identification with the organization.