More Than Salary: The Reletionship Between a Healthy Work Culture (Well-Being) and Company Profitability
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This study investigates the relationship between a healthy work culture (well-being) and company profitability by examining the impact of "soft" Human Resources metrics on "hard" financial results. The research utilizes the Job Demands-Resources (JD-R) model as a framework to analyze key indicators including physical-mental resilience, employee engagement, environmental support, and burnout management. Data were collected through 126 survey data of professional employees in the Greater Jakarta area, Indonesia, and analyzed using SmartPLS and Multiple Linear Regression to analyze the data. The findings indicate that the aggregate Employee Well-being Score (EWS) serves as a positive and statistically significant predictor of financial performance, specifically Return on Assets (ROA) and Return on Equity (ROE). This study extends existing human capital literature by providing empirical evidence that well-being is a strategic investment rather than a sunk cost, offering industry professionals a quantitative business case to drive sustainable competitive advantage and superior profitability.



