The Effect of workplace hazards and risk factors on psychological Well-Being - Focusing on the mediating effect of job satisfaction

This study used SPSS and AMOS to verify the relationship between workplace hazards and risk factors, job satisfaction, and psychological well-being using the data from the 7th Work Environment Survey conducted by the Korea Occupational Safety and Health Research Institute in 2023. The study verified the relationship and influence between latent variables through factor analysis, validity analysis, and structural equation modeling. The results of the study are as follows. First, workplace hazards and risk factors were found to have a negative effect on psychological well-being. Second, workplace hazards and risk factors were found to have a negative effect on job satisfaction. Third, job satisfaction was found to have a positive effect on psychological well-being. Fourth, job satisfaction was found to have a partial mediating role in the relationship between workplace hazards and risk factors and psychological well-being levels. In summary, workplace hazards and risk factors lower job satisfaction and psychological well-being levels, and job satisfaction plays a mediating role in the relationship between workplace hazards and risk factors and psychological well-being levels. As a result of this study, it is expected that management leadership will make managing workplace hazards and risk factors a top management priority to create a safe workplace. This is because it can not only prevent accidents and reduce loss of life and property, but also transform the company into a virtuous cycle structure where employees can achieve high performance by focusing on their jobs and ultimately create profits. Through this, I hope that our country can also join the OECD advanced group with no fatal accidents.