How does employee financial well-being influence employee productivity: a moderated mediating examination

Purpose Drawing from the combined theoretical approaches of the conservation of resources theory, broaden-and-build theory of positive emotions and social cognitive theory, the current study examined the relationships between employee financial well-being and employee productivity via employee happiness while exploring the moderating role of gender in this mediated relationship. Design/methodology/approach Using partial least squares approach for structural equation modeling, the hypothesized model was tested employing primary data collected from banking employees. Findings The results showed that employee financial well-being has a significant positive effect on employee productivity and this effect was mediated by employee happiness. In addition, the results showed that this indirect effect was moderated by gender such that the relationship was more pronounced in males (versus females). Originality/value This study contributes to the nescient research on the consequences of financial well-being especially at an organizational level, with several implications for individuals, employees and organizations, while at the same time offering new insights for future investigation. Peer review The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-09-2023-0676