Abstract:
The aim of this study is to investigate how characteristics of well-being affect worker participation in the workplace. This study followed a cross-sectional correlational design and a quantitative research methodology was used all around. Primary data collecting was done utilising a purposive sample method using a self-administered structured questionnaire created from a 7-point Likert scale. This research drew a sample of 200 from the workforce of Lagos-based oil businesses. Some employees of oil companies received the questionnaire online. Descriptive and inferential statistics were used in a thorough method to provide an understanding of the links among the research variables. Using Statistical Package for Social Sciences 24 and Smart PLS program, advanced statistical methods like Factor Analysis found latent constructions and verified the structure of the measurement model. Analysing direct and indirect effects, structural equation modelling (SEM) then investigated hypothesised correlations between latent variables. Key outputs include Total Variance Explained, Path Coefficients, Model Fit Indices, and Reliability and Validity Metrics, therefore guaranteeing strong results for Construct Reliability, Discriminant Validity, and Latent Variable Correlations. Theoretically, the results of the research highlight how each of the five constructs; social well-being, mental well-being, physical well-being, financial well-being, and transformational leadership plays a different but linked role in increasing employee engagement, the dependent variable. These ideas provide unique insights on the strategies required for companies to properly inspire and keep a dedicated staff, therefore contributing to engagement.