HERO elements of Psychological Capital: Fostering career sustainability via resource caravans

A growing body of empirical research in vocational psychology has equivocally manifested the importance of psychological resources in sustainable careers. Drawing on a framework of Conservation of Resources theory, the purpose of this paper is to examine the role of the Hope, (Self)-Efficacy, Resilience, and Optimism elements of Psychological Capital as a mechanism for explaining Perceived Employability. We develop a conceptual model and empirically test it using questionnaire data from 421 software engineers working for private IT companies in India. Findings indicate that Hope, Self-Efficacy, and Optimism determine Perceived Employability, and that Resilience and Self-Efficacy are mediators. The theoretical contribution comes from advancing the understanding of sustainable careers by empirically examining how individual elements of Psychological Capital can create resource caravans. These personal resources empower individuals to take ownership of their careers and navigate different contexts over time, offering practical implications for career counseling and benefits to individuals and organizations.