Is it Payday Yet? The Influence of Payday and Employee Financial Stress on Resilience

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dc.contributor.advisorKing, Danielleen_US
dc.creatorPhetmisy, Cassandraen_US
dc.date.accessioned2024-05-22T16:17:27Zen_US
dc.date.available2024-05-22T16:17:27Zen_US
dc.date.created2024-05en_US
dc.date.issued2024-04-17en_US
dc.date.submittedMay 2024en_US
dc.date.updated2024-05-22T16:17:27Zen_US
dc.description.abstractFinancial stress, or having worries that one’s financial resources are insufficient for one’s needs (Starrin et al., 2009), is a salient experience for many adults in the United States (APA, 2022). People often turn to work as a way of navigating economic turmoil. Given that most people work to earn an income (Bloom & Milkovich, 1996), it is imperative for organizational scholars to understand how pay-related variables (e.g., payday) may affect employees’ experiences. Prior research has established that payday is a psychologically salient and important event for employees (Steed, 2018). Employees may anticipate payday and its direct effects on their lives (e.g., paying bills, saving money, providing security). Based on Conservation of Resources theory (Hobfoll, 1989), I argue that payday is a critical resource that influences the extent to which employees feel capable of overcoming work challenges (i.e., resilience capacity; Brykman & King, 2021). I also investigate the link between resilience capacity and exhaustion. Using experience sampling methodology with daily surveys across 28 days (N = 82 participants; 2,142 days), I found that resilience capacity mediates the positive relationship between financial stress and exhaustion. Within the context of payday, there was evidence that financial stress is negatively related to resilience capacity once employees pass the midpoint between paydays and are awaiting their next paycheck. Investigating resilience capacity in accordance with payday has implications for how employees perform at work, and the inclusion of financial stress provides a rich perspective on the extent employees are ready to overcome challenges at work.en_US
dc.format.mimetypeapplication/pdfen_US
dc.identifier.citationPhetmisy, Cassandra. Is it Payday Yet? The Influence of Payday and Employee Financial Stress on Resilience. (2024). PhD diss., Rice University. https://hdl.handle.net/1911/116192en_US
dc.identifier.urihttps://hdl.handle.net/1911/116192en_US
dc.language.isoengen_US
dc.rightsCopyright is held by the author, unless otherwise indicated. Permission to reuse, publish, or reproduce the work beyond the bounds of fair use or other exemptions to copyright law must be obtained from the copyright holder.en_US
dc.subjectfinancial stressen_US
dc.subjectpaydayen_US
dc.subjectresilienceen_US
dc.subjectexhaustionen_US
dc.subjectemployeeen_US
dc.subjectworkplaceen_US
dc.titleIs it Payday Yet? The Influence of Payday and Employee Financial Stress on Resilienceen_US
dc.typeThesisen_US
dc.type.materialTexten_US
thesis.degree.departmentPsychologyen_US
thesis.degree.disciplineSocial Sciencesen_US
thesis.degree.grantorRice Universityen_US
thesis.degree.levelDoctoralen_US
thesis.degree.nameDoctor of Philosophyen_US
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