Impact of workplace adversity on well-being of Ghanaian bankers: Do resilience and psychological safety matter?

We examined the role of resilience and psychological safety in the relationship between perceived workplace adversity and work well-being. Participants were 1257 Ghanaian banking sector employees (male = 49.32, female = 50.68%; age range = 21 to 60 years, mean = 33.83 years, SD = 8.4 years). They completed measures of perceived workplace adversity, employee resilience, psychological safety, and well-being. Results from the Pearson correlation coefficient (r) test indicated that perceived workplace adversity was negatively related to work well-being. Furthermore, regression analysis showed that resilience mediated the relationship between perceived workplace adversity and employee well-being, contributing to improved employee well-being. Further, and psychological safety moderated perceived workplace adversity and work well-being for higher employee well-being. These findings suggest a need for strategies for resolving workplace adversity by supporting resilience, and psychological safety among employees for their improved well-being.