Relationship Between Emotional Intelligence and Psychological Well Being

Psychological well-being is defined as the capability to actively participate in work and to create important relationships with others, and to establish positive emotions. Further, emotional intelligence is a factor contributes to positive attitudes, behaviors and outcomes in people. Therefore, the aim of the current study is to study the effect of emotional intelligence on psychological well-being of 800 employees in 70 branches of Mehr Eqtesad Bank in Tehran, Iran. According to Krejcie & Morgan (1970), the minimum number of sample size was determined as 260 people. The author distributed 300 questionnaires among respondents (Random Sampling) and 270 usable questionnaires were returned. The results of the study show that emotional intelligence has a significant positive impact on psychological well-being of employees. Further, a number of suggestions and managerial implications have been proposed