The Influence Of Psychological Factors And Human Capital On Career Development In A Ghanaian Organisation: The Moderating Role Of Organisational Support

ASSAN EVELYN AMA 120 PAGES (25026 WORDS) Psychology Thesis

ABSTRACT The study investigated the influence of psychological factors and human capital on career development at the Volta River Authority in Ghana. It also investigated the moderating role of organisational support on the relationship between psychological factors and career development, as well as the relationship between human capital and career development. One hundred and ninety four employees were purposively sampled across departments from five locations of Volta River Authority in Ghana. Participants completed questionnaires on psychological factors comprising of career resilience, self-efficacy and career identity. They also completed questionnaires on their perceived organizational support and career development. Standard multiple regression, hierarchical regression and moderating analysis were employed to analyse the data. Results indicated that both psychological factors and human capital predicted career development with organizational support moderating the relationship between psychological factors and career development, as well as human capital and career development as predicted. It was concluded that employees would need to have career resilience, self-efficacy and career identity and invest in their human capital in order to develop in their careers. However, it is essential that organizations provide support to their employees in their career development pursuits.