Exploring the impact of economic crisis on psychological wellbeing and employee performance

This study investigates the impact of economic crises on the relationship between psychological wellbeing and employee performance, using the Lebanese economic crisis as a case study. Given the critical role of employees in organisational success, understanding how crises affect their wellbeing and performance is essential. This research employs a quantitative methodology, analysing data from 286 employees across local and multinational organisations in Lebanon. The data were processed using SPSS. Key findings reveal that self-acceptance and personal growth significantly enhance employee performance, while positive workplace relationships are positively associated with contextual performance. These results highlight the importance of fostering psychological wellbeing to maintain and improve employee performance, particularly in economically strained environments. The study provides practical insights for managers and policymakers to develop strategies that support employee wellbeing during crises.