Psychological well-being (PWB) is a concept different from subjective well-being in positive psychology. PWB is conceptualized as a construct which includes the happy emotional experience and the realization of individual potential. This paper assumes that employee’s core self-evaluation and their perceived organizational support have a positive effect on psychological well-being. The result based on 441 valid questionnaires supports our hypothesis that employee’s core self-evaluation and their perceived organizational support are positively related to their reported psychological well-being. Core self-evaluation is also found to moderate the association of perceived organizational support with PWB in such that POS is more strongly related to PWB for employees who are higher, compared with those lower in CSE.
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