1. Introduction
In today’s environment of flexibility, freedom, uncertainty, and constant recompositing, market restructuring and job losses, among other things, force individuals to develop increasingly effective mechanisms for adaptation. This instability is noticeable on a psychological and professional level, so important skills are highlighted, such as the individual’s ability to proactively drive change. With all this, we can say that employability is an essential psychosocial construct for success and survival in today’s job market (
Fugate et al. 2004).
The perception of employability and the social support of university students is a topic of great importance for academic study, as this age group presents a list of personal, social, identity and interpersonal challenges, among others, which social support can respond to and protect, being substantial in terms of aspects such as well-being, self-efficacy, and consequently, school satisfaction, expectations, academic results and emotional particularities (
Fernandes et al. 2012;
Gamboa et al. 2022;
Mahanta and Aggarwal 2013;
Monteiro et al. 2012).
Given this context, this study seeks to explore the interrelationship between perceived employability, social support, well-being, and self-efficacy in university students, with the aim of providing a deeper understanding of these concepts and their influence on their development.
The main aim of this study is to investigate the association between social support and perceived employability and whether this relationship is mediated by well-being. Another objective is to study whether perceived self-efficacy moderates the relationship between well-being and perceived employability.
3. Materials and Methods
3.1. Data Collection Procedure
In total, 342 individuals participated in this study, but only 316 were considered valid because they met the condition of being students at Portuguese universities. The data collection procedure was non-probabilistic, intentional and snowball (
Trochim 2000). The study is exploratory and cross-sectional, as the data were collected simultaneously.
The questionnaire was made available online via the Google Forms platform and shared via a link on tools such as Gmail, WhatsApp, LinkedIn and Instagram. The first part of the questionnaire included informed consent, in which participants were informed of the purpose of the data collection and the guarantee of confidentiality. Next, the participants had to answer a question about their willingness to participate voluntarily in this study. If they answered no, they were directed to submit the form. If they agreed to take part, they were sent the questionnaire.
The participants were asked about four scales: social support, perceived employability, well-being, and self-efficacy. They also filled in information about their sociodemographic characteristics so that it would be possible to characterize the sample. The questionnaire included the following sociodemographic questions: age, gender, area of the country, marital status, whether they are working students, the course they are taking, what year of university they are in, and, finally, whether the institution they are attending is public or private. The data were collected between November 2024 and January 2025.
3.2. Participants
This study’s sample consisted of 316 participants who collaborated voluntarily and were aged between 18 and 67, with an average of 25.99 years. Regarding gender, 72.8% of the participants were female, 26.9% male and 0.3% identified as another gender. In terms of area, 55.7% of the sample was in the Greater Lisbon area, 28.2% in the South, 12.7% in the Center, 1.3% in the North, as well as in the Autonomous Region of Madeira, and finally 0.9% in the Autonomous Region of the Azores. As for marital status, 80.7% are single, 17.4% are married/marital partnerships, and 1.9% are divorced/marital partnerships. The sample comprises 61.4% students and 38.6% workers/students. Regarding courses, 28.5% were studying Management, 23.4% were studying Psychology, 6.3% were studying Engineering, 5.4% were studying Humanities, 2.2% were studying Arts, 1.9% were studying Law, 0.9% were studying Medicine, 0.6% were studying Teaching and 30.7% were on another course. As for the year of schooling, 32.9% of the sample is in the 1st year of their bachelor’s degree, 19.9% in the 2nd year of their master’s degree, 16.8% in the 3rd year of their bachelor’s degree, 14.6% of the sample is in the 3rd year of their bachelor’s degree, 12.3% in the 2nd year of their bachelor’s degree, 2.2% in the 4th year of their bachelor’s degree, and 1.3% is studying for a PhD. About the educational institution sector, 59.5% of the sample studied in the private sector and 40.5% in the public sector.
3.3. Data Analysis Procedure
Once the data had been collected, they were imported into the SPSS Statistics 29 for Windows software. First, the metric qualities of the instruments used in this study were tested. Confirmatory factor analyses were carried out using the AMOS Graphics 29 software to test the validity of the instruments used in this study. The procedure was established according to a “model generation” logic (
Jöreskog and Sörbom 1993), interactively considering the results obtained in the analysis of their adjustment. for the chi-square (χ
2) ≤ 5; for the Tucker–Lewis index (TLI) > 0.90; for the goodness-of-fit index (GFI) > 0.90; for the comparative fit index (CFI) > 0.90; for root mean square error of approximation (RMSEA) ≤ 0.08 (
McCallum et al. 1996); and for the root mean square residual (RMSR), where a smaller value corresponds to a better adjustment (
Hu and Bentler 1999). We then tested the construct reliability for each scale’s dimensions, the value of which should be higher than 0.70. Convergent validity was tested by calculating the average variance extracted (AVE), which should be greater than 0.50 (
Fornell and Larcker,
1981).
Reliability was assessed by calculating Cronbach’s alpha coefficient, which ranges from 0 to 1, excluding negative values (
Hill and Hill 2002). A value greater than 0.70 is considered the minimum acceptable value in organizational studies (
Bryman and Cramer 2003). The median, minimum, maximum, asymmetry and kurtosis were calculated to test the items’ sensitivity. The items should not have the median leaning towards one of the extremes; they should have responses at all points, and their absolute values of skewness and kurtosis should be below 2 and 7, respectively (
Finney and DiStefano 2013).
One-sample Student’s
t-tests were used to perform descriptive statistics on the variables under study. Pearson’s correlations were used to test the association between the variables under study. Hypotheses 1, 2, 3, 4 and 5 were tested using simple and multiple linear regressions. To determine whether the mediating effect assumed in hypothesis 5 is statistically significant, the Sobel test, developed by
Sobel and Elashoff (
1975), was used to validate this hypothesis. As for hypothesis 6, since it is a moderating effect, it was tested using Macro Process 4.2 (Model1) developed by
Hayes (
2022).
3.4. Instruments
The questionnaire was made up of four instruments, various sociodemographic questions (age, gender, area of the country, marital status, whether they are a working student, the course they are taking, what year of university they are in and, finally, whether the institution they are attending is public or private) and the following instruments.
Social support was measured using the satisfaction with family, friendships, and social activities dimensions of the Social Support Satisfaction Scale (ESSS), developed by
Ribeiro (
1999). These items were assessed on a Likert-type scale with seven response options, ranging from “completely disagree” to “completely agree”. A three-factor analysis was carried out to check the validity of this instrument. The fit indices obtained were adequate (χ
2/gl = 2.16; GFI = 0.95; CFI = 0.99; TLI = 0.98; RMSEA = 0.061; RMSR = 0.061) (
Hu and Bentler 1999). All items had factor weights greater than 0.80, which is considered good (
Hair et al. 2017). Composite reliability ranged from 0.92 (satisfaction with social activities) to 0.94 (satisfaction with family and satisfaction with friends). Concerning convergent validity, the AVE values range from 0.73 (satisfaction with social activities) to 0.79 (satisfaction with family and friends). As for internal consistency, Cronbach’s alpha values range from 0.93 (satisfaction with family and satisfaction with social activities) to 0.95 (satisfaction with friends, with values that are well above 0.70, the minimum considered in organizational studies (
Bryman and Cramer 2003).
Perceived employability was measured using the dimensions of perceived internal and external employability from the Portuguese version of the Self-Perceived Employability scale by
Rothwell et al. (
2009), adapted for the Portuguese population by
Gamboa et al. (
2022). These items were assessed on a Likert-type scale with five response options, ranging from “completely disagree” to “completely agree”. The validity of this instrument was tested by carrying out a two-factor confirmatory factor analysis. The adjustment indices obtained were adequate (χ
2/gl = 2.32; GFI = 0.95; CFI = 0.96; TLI = 0.95; RMSEA = 0.065; RMSR = 0.075) (
Hu and Bentler 1999). The internal employability perception dimension has a composite reliability of 0.85 and the internal employability perception dimension has a composite reliability of 0.84. Regarding convergent validity, the external employability perception dimension has an AVE of 0.42 and the internal employability dimension has an AVE of 0.64. Although the external employability perception dimension has an AVE value of less than 0.50 (
Fornell and Larcker 1981), as Cronbach’s alpha value is above 0.70, this value can be considered acceptable (
Hair et al. 2011). As for internal consistency, the external employability dimension has a Cronbach alpha of 0.83 and the internal employability dimension has a Cronbach alpha of 0.84, values which are above 0.70, the minimum considered in organizational studies (
Bryman and Cramer 2003).
Well-being was measured using 16 items from the Perma-Profile instrument, developed by
Butler and Kern (
2016) and adapted for the Portuguese population by
Alves et al. (
2023). These items were assessed on an 11-point rating scale (from 0 to 10). These items were assessed on a Likert-type scale with 11 response options, ranging from “absolutely nothing” to “totally”. The validity of this instrument was tested using a one-factor confirmatory factor analysis. The adjustment indices obtained were adequate (χ
2/gl = 2.34; GFI = 0.92; CFI = 0.96; TLI = 0.95; RMSEA = 0.065; RMSR = 0.121) (
Hu and Bentler 1999). A composite reliability of 0.93 was obtained. Convergent validity has an AVE value of 0.44, less than 0.50 (
Fornell and Larcker 1981). However, Cronbach’s alpha value is above 0.70, so this value can be considered acceptable (
Hair et al. 2011). As for internal consistency, it has a Cronbach’s alpha of 0.94, which is above 0.70, the minimum considered in organizational studies (
Bryman and Cramer 2003).
Self-efficacy was measured using 10 items from the General Self-Efficacy Scale (EA-EG), originally developed by
Schwarzer and Jerusalem (
1993) and
Schwarzer and Jerusalem (
1995) and translated and adapted for the Portuguese population by
Gomes (
2007). The items were assessed on a 4-point Likert scale, ranging from “Not at all true” to “Completely true”. The validity of this instrument was tested using a one-factor confirmatory factor analysis. The adjustment indices obtained were adequate (χ
2/gl = 2.16; GFI = 0.96; CFI = 0.97; TLI = 0.96; RMSEA = 0.061; RMSR = 0.022) (
Hu and Bentler 1999). A composite reliability of 0.89 was obtained. Convergent validity has an AVE value of 0.46, less than 0.50 (
Fornell and Larcker 1981). However, Cronbach alpha value is above 0.70, so this value can be considered acceptable (
Hair et al. 2011). As for internal consistency, it has a Cronbach alpha of 0.90, above 0.70, which is the minimum considered in organizational studies (
Bryman and Cramer 2003).
All the items have answers at all points, the median is not close to one of the extremes, and the absolute values of skewness and kurtosis are below 2 and 7, respectively, which indicates that they do not grossly violate normality (
Finney and DiStefano 2013).
4. Results
Two models were tested, with one and seven factors. The one-factor model’s fit indices proved inadequate (χ2/gl = 6.69; GFI = 0.36; CFI = 0.42; TLI = 0.40; RMSEA = 0.134; RMSR = 0.24). In turn, the fit indices of the seven-factor model proved to be adequate or close to adequate (χ2/gl = 1.83; GFI = 0.81; CFI = 0.92; TLI = 0.91; RMSEA = 0.051; RMSR = 0.13). It can, therefore, be concluded that theoretical conceptualization, which determines seven variables, adequately represents the observed data. The correlations are consistent with the pattern of relationships theorized.
4.1. Descriptive Statistics of the Variables Under Study
To understand the position of the answers given by the participants in this study on the various variables, descriptive statistics were carried out on the variables under study. To this end, several one-sample Student T-tests were carried out.
Regarding social support dimensions that make up this scale, the participants’ responses were significantly above the scale’s central point (4) (
Table 1).
The results indicate that the overall perception of employability dimensions that make up the scale are significantly above the scale’s central point (3) (
Table 1).
The participants in this study also reported high levels of well-being, with an average significantly higher than the scale’s central point (5) (
Table 1).
The average recorded for self-efficacy is also significantly higher than the scale’s central point (2.5) (
Table 1).
4.2. Association Between the Variables Studied
Pearson’s correlations were used to test the association between the variables under study.
Satisfaction with family is positively and significantly correlated with perceived internal employability, perceived external employability, and well-being (
Table 2). Satisfaction with friends and social activities was positively and significantly correlated with perceived internal employability, perceived external employability, well-being, and perceived self-efficacy (
Table 2). Perceived internal and external employability positively and significantly correlated with well-being and perceived self-efficacy (
Table 2). Well-being is positively and significantly correlated with perceived self-efficacy (
Table 2).
4.3. Hypotheses
Hypotheses 1, 2, 3, 4 and 5 were tested using simple and multiple linear regressions.
Only satisfaction with social activities (β = 0.14,
p = 0.041) has a positive and significant association with the perception of internal employability. The model explains 3% of the variability in internal employability and is statistically significant (F (3, 312) = 4.06,
p = 0.008) (
Table 3).
Only satisfaction with family (β = 0.15,
p = 0.017) and friends (β = 0.21,
p = 0.001) have a positive and significant association with perceived external employability. The model explains 7% of the variability in external employability and is statistically significant (F (3, 312) = 8.90,
p < 0.001) (
Table 3).
Hypothesis one was partially supported.
When analyzing the specific sources of social support, it was found that satisfaction with family showed a significant association with well-being (β = 0.25,
p < 0.001), as did satisfaction with friends (β = 0.19,
p < 0.001) and satisfaction with social activities (β = 0.33,
p < 0.001) (
Table 4). These results suggest that different forms of social support contribute to well-being with a significant overall impact. The model explained 38% of the variability in well-being and is statistically significant (F (3, 312) = 65.72,
p < 0.001) (
Table 4).
Hypothesis two was supported.
The results indicate that well-being has a positive and statistically significant association with internal employability (β = 0.44,
p < 0.001), explaining 19% of the variability (
R2a = 0.19, F (1, 314) = 73.12,
p < 0.001) (
Table 5). As for external employability, the relationship was also positive and significant (β = 0.27,
p < 0.001), with an explanatory power of 7%, and the model is statistically significant (F (1, 314) = 25.36,
p < 0.001) (
Table 5).
Hypothesis three was supported.
Hypothesis 4 presupposes a mediating effect, so we followed the procedures according to
Baron and Kenny (
1986). We only tested the mediating effect of well-being on the relationship between satisfaction with social activities and the perception of internal employability and the mediating effect of well-being on the relationship between satisfaction with family and friends and the perception of external employability.
Well-being has a total mediating effect on the relationship between satisfaction with social activities and the perception of internal employability (β = 0.19,
p < 0.001) (
Table 6). The increase in variability explained by the model was significant (Δ R
2a = 0.16,
p < 0.001). Both models are statistically significant.
Sobel’s test confirmed the total mediation effect (Z = 3.13, p < 0.001).
Well-being has a total mediating effect on the relationship between satisfaction with family and the perception of external employability, and a partial mediating effect on the relationship between satisfaction with friends and the perception of external employability (β = 0.18,
p < 0.001), because when the mediating variable was introduced into the regression equation, satisfaction with friends continued to have a significant effect on the dependent variable, but decreased in intensity (
Table 6). The model explains 9% of the variability in external employability and is statistically significant. The increase in variability explained by the model was significant (Δ R
2a = 0.02,
p < 0.01).
Sobel’s test confirmed the total mediation effect of well-being on the relationship between satisfaction with family and well-being (Z = 3.44, p < 0.001). Sobel’s test also confirmed the partial mediation effect of well-being in the relationship between satisfaction with friends and perceived external employability (Z = 2.97, p = 0.001).
Hypothesis 4 was partially supported.
Perceived self-efficacy showed a positive and significant relationship with perceived internal employability (β = 0.43,
p < 0.001), explaining 19% of the variability in perceived internal employability (
Table 7). The model is statistically significant (F (1, 314) = 72.36,
p < 0.001). In the case of external employability, the association was also positive and significant, although more modest (β = 0.16,
p = 0.004), explaining 2% of the variability in the perception of external employability, and the model is statistically significant (F (1, 314) = 8.46,
p = 0.004) (
Table 7).
Hypothesis five was supported.
The results show that perceived self-efficacy has no moderating effect on the relationship between well-being and perceived internal employability (B = −0.01,
p = 0.815) or on the relationship between well-being and perceived external employability (B = −0.01,
p = 0.830) (
Table 8). Hypothesis six was not supported.
5. Discussion
The main objective of this study was to examine the relationship between social support and perceived employability and whether this relationship was mediated by well-being. Another objective was to test whether perceived self-efficacy had a moderating effect on the relationship between well-being and perceived employability.
Firstly, hypothesis 1 was partially confirmed: the dimensions of satisfaction with family and friends were only positively and significantly associated with external perceived employability. The dimension of social support from others only has a positive and significant association with perceived internal employability. These results are in line with those in the literature. From the perspective of
Tentama et al. (
2019), individuals do not necessarily guarantee good employability without adequate social support, as this is crucial for improving the prospect of employability. Thus, based on the Conservation of Resources Theory (COR), it is possible to hypothesize a positive relationship between the level of social support an individual receives and their perception of employability, as both are based on the conservation and mobilization of essential resources for professional success (
Barbosa De Oliveira and Neri 2021).
Next, hypothesis 2 was fully confirmed, as all the results were significant. The dimensions of satisfaction with family, friends and social activities showed positive and significant associations with well-being. These results align with what is described in the literature, reinforcing the importance of social support in promoting well-being.
Awang et al. (
2014) point to several studies that emphasize the significant relationship between the perception of social support and student well-being, where greater social support from friends and family is compatible with greater satisfaction with life.
Thomas and Gupta (
2021) state that Social Capital Theory applies mainly to health and well-being. Social capital at an individual and collective level is positively related to well-being, happiness and life satisfaction, and this relationship is greatly stimulated by factors such as trust and the individual’s participation in social networks. These are the most important components of social capital regarding well-being (
Portela et al. 2013). For university students, feeling loved, cared for and supported by friends, family, and others can have a significant impact on their general well-being, especially in aspects such as depression and anxiety (
Mahanta and Aggarwal 2013).
Hypothesis 3 was also fully confirmed, as all the results proved significant. Well-being has a positive and significant association with the dimensions of perceived employability. The relationship with internal employability was stronger, while the association with external employability, although significant, had a smaller effect. These results align with the literature, highlighting the role of well-being in individuals’ perceived employability. According to
Vanhercke et al. (
2016), it is widely held that the perception of employability positively impacts well-being because this same perception provides individuals with resources that are considered important. According to
Berntson (
2008),
Lazarus and Folkman’s (
1984) theory on stress tells us that perceived employability can contribute to an improvement in well-being, and, on the other hand, a good level of well-being can also reinforce the perception of employability. This reciprocal interaction demonstrates that, based on a bidirectional relationship, both factors are interconnected and influence each other (
Vanhercke et al. 2016).
Hypothesis 4 was also confirmed, where well-being mediates the relationship between social support and perceived employability, influencing its internal and external dimensions. Mediation was complete in the relationship between satisfaction with family and perceived external employability and between satisfaction with social activities and perceived internal employability. In the relationship between satisfaction with friends and perceived external employability, the mediating effect of well-being was partial. These results align with the literature since, according to
Bakari and Hunjra (
2018), organizational and social support contribute to developing well-being and employability.
Hypothesis 5 was also confirmed: self-efficacy is positively and significantly associated with perceived internal and external employability. The relationship with internal employability was stronger, while the association with external employability, although significant, had a smaller effect. These results align with the literature, highlighting the importance of self-efficacy in individuals’ perceived employability. According to
Qenani et al. (
2014), the degree to which students believe they can stand out and make a difference is significant since self-efficacy and self-perception influence employability, both directly and indirectly, through developing skills, understanding and metacognition. According to the Sociocognitive Career Theory (
Lent et al. 1994) and, in more detail, the Sociocognitive Model of Career Management (
Lent and Brown 2013), the concept of perceived employability emerges as a predictor of self-efficacy in university students, with an emphasis on the period of transition to work. This is because the skills acquired in higher education or the “experiential sources of self-efficacy” (
Gomes et al. 2019, p. 87) will show a positive relationship with the confidence shown by students when facing obstacles in the transition to professional life (
Gomes et al. 2019).
Hypothesis 6 was not confirmed, as the results indicate that self-efficacy does not moderate the relationship between well-being and perceived employability, either internally or externally. By not confirming the hypothesis, the results go against the literature since, according to
Magaletta and Oliver (
1999), self-efficacy and well-being are positively related. In other words, when an individual feels good, they are more likely to feel confident about their ability to get the job they want, a relationship confirmed by the Broaden and Build Theory of Positive Emotions (
Vanhercke et al. 2016).
Regarding the descriptive statistics of the variables under study, in terms of social support, all dimensions are significantly above the midpoint, with satisfaction with social activities having the highest average. These results are based on the social identity theory developed by
Erikson (
1968), as adolescence is a stage in which interactions with peers play an important role in the formation of identity and development (
Eccles et al. 2003). The perception of employability is also significantly above the midpoint, although the average perception of internal employability is higher than that of external employability. In Portugal, students undertake internships and, according to
Hassouna and Zaazou (
2024), internships positively impact students’ perception of employability and personal growth. According to
Macedo et al. (
2022), one of the motivations for students to undertake internships is that they consider this type of experience as a way to enter the labor market more quickly by acquiring the necessary skills. The well-being levels of Portuguese people are also significantly above the scale’s midpoint. These results align with those obtained in a study conducted by
Velez et al. (
2024) with a Portuguese population, where levels of well-being were also above the midpoint of the scale. Finally, students’ perception of self-efficacy is also above the scale’s midpoint. These results align with those obtained in a study by
González Moreno et al. (
2024).
It should be noted that Portugal is in a transition phase. Portugal was under a fascist and totalitarian regime until the Portuguese revolution, in 1974. Since then, during the democratic years that have followed, for half a century and until 2024, Portugal has gone bankrupt three times and has only survived due to economic aid provided externally (e.g., by the European Central Bank, the International Monetary Fund and the European Commission). Currently, especially with the youths in Portugal, the far-right political party (Chega) in Portugal is gaining strong support, much as in other European countries, and is considered to be a major concern for those in power in Europe. This is seen to be due to the general dissatisfaction felt by the Portuguese younger generation seeking to enter the employment market after graduating. Foreign countries are seemingly more welcoming; hence, the brain drain from Portuguese society is being felt (
Macedo et al. 2022). Let it also be noted that previous political parties in power (both center–left and center–right) have not been able to solve the [un]employment problem amongst Portuguese youths and have even suggested to Portuguese youths that they emigrate in search of better and higher-paying jobs.
5.1. Limitations
This study has some limitations. The first limitation is related to the data collection procedure, which was non-probabilistic, intentional and snowball. The second limitation relates to the fact that it was a cross-sectional study, which did not allow causal relationships to be established between the variables. The third limitation concerns that self-report questionnaires were used, which may have biased the results. However, several methodological and statistical recommendations were followed to reduce the impact of common method variance (
Podsakoff et al. 2003).
Another limitation may be related to the current economic context, which makes students’ perception of employability high. At present, the unemployment rate in Portugal is low, at 6.5% (
INE 2025), despite the minimum wage (EUR 870) and average wage (EUR 1631.57) being lower than those in other European Union countries (
PORDATA 2025). High levels of social support, well-being, and perceived self-efficacy may be related to Portugal being a democratic country with high levels of security, which can also be considered a limitation.
5.2. Theoretical Implications
The results of this study reinforce and expand the literature on perceived employability in university students, especially about the influence of psychosocial factors. The main contributions of this research include partial confirmation of the relationship between social support and perceived employability, validating the Conservation of Resources Theory (COR) by demonstrating that social resources can improve perceived employability, and demonstrating the importance of well-being in the relationship between social support and perceived employability, suggesting that well-being acts as an essential mechanism in the mobilization of resources for professional development; furthermore, it reinforces the Social Capital Theory by showing that social support not only improves well-being but also contributes to perceived employability.
This research also paves the way for new theoretical approaches, such as the interaction between social support, well-being and perceived employability, which in turn can be better understood in the light of the Sociocognitive Career Theory, which highlights the role of contextual and individual factors in the perception of employability, and also the non-confirmation of the moderating effect of self-efficacy between well-being and perceived employability, which challenges the theoretical assumptions of the Broaden and Build Theory of Positive Emotions, suggesting that other factors may influence this relationship.
Despite the theoretical contributions, this research has some limitations. The study was conducted within a specific context of university students, limiting the results’ generalizability. In addition, using a quantitative approach prevented a more in-depth understanding of the participants’ experiences.
The results of this study raise several questions that could be explored in future research, such as investigating other moderating factors, such as resilience or emotional intelligence, in the relationship between well-being and perceived employability; exploring the influence of different sources of social support on diverse groups of university students, considering variables such as socioeconomic status and cultural background; and also conducting longitudinal studies to examine whether perceived employability evolves throughout academic life and after entering the job market.
5.3. Practical Implications
The results of this study highlight the importance of social support in university students’ perceptions of employability, with well-being playing an important mediating role in this relationship.
In line with the literature, it is observed that individuals who perceive greater social support have higher levels of well-being, reinforcing confidence in their employability. The results of this study offer important practical implications and recommendations for universities, students, and employers.
Firstly, it highlights the need to strengthen the social support networks of those attending the academic environment further to strengthen aspects such as the perception of employability. In addition, considering the mediating role of well-being in the perception of employability, higher education institutions should invest in actions that promote students’ mental health and well-being, aiming to combat issues such as stress, depression, and anxiety, among others. Finally, the study suggests that although self-efficacy is associated with perceived employability, its moderating influence may be less intense but more complex than expected.
Still, on a recommendatory note, if the aim is to give due importance to strategies that promote social support and student well-being, the solutions will have to be structural since they create the possibility of transforming the educational and professional environment in an effective and lasting way. In this way, the obstacles to strengthening the perception of employability, such as professional success and life satisfaction, will no longer be dealt with superficially but will be resolved entirely, eliminating the need for palliative measures in the future.
6. Conclusions
The strength of this study was that it proved the central role of social support and well-being in perceived employability. It can be concluded that social support has a positive and significant association with perceived employability and well-being, with the latter also proving to be a relevant mediator in the relationship between social support and perceived employability. This is especially important in the current economic and work environment in Portugal, where there is a high unemployment rate amongst Portuguese youths and graduates and high emigration levels amongst this particular segment of society. This is due, in part, to the paternalistic culture present in Portugal (
Van Dierendonck and Patterson 2010), which means that older people and workers prevail and have a bigger influence in work decisions and society in general. Hence, youths, even better prepared ones, with better qualifications, have less opportunities for progression and evolution in Portuguese firms. Foreign countries and firms are seen to offer much better career prospects than Portugal does, at present. Moreover, Portuguese culture is not seen to change in the short to medium term as certain researchers perceive cultural change to occur over 50–100 years, in normal circumstances (e.g., the absence of severe crises or wars) (
Hofstede 2001).
In general, well-being was found to have a positive effect on perceived employability, and this effect was stronger for internal employability than external employability. In addition, self-efficacy showed a positive and significant relationship with perceived employability but did not moderate the relationship between well-being and employability. This may mean that inner satisfaction and intrinsic motivation (
Amabile 1998) are necessary for getting a [satisfactory] job in Portugal. One has to feel good about oneself and not seek external rewards (e.g., a high salary or bonuses) to be employable. As Portugal is made up of a harmony-seeking environment and culture, this is in line with the literature on the subject.
Hypotheses 1, 2, 3, 4 and 5 were confirmed, validating the positive influence of social support, well-being and self-efficacy on perceived employability. The belief in oneself and one’s abilities (self-efficacy) is also important, our study shows. However, hypothesis 6 was not confirmed, as self-efficacy did not moderate the relationship between well-being and perceived employability; however, if one perceives that they deserve a very high salary and quick job progression, then emigrating will appeal to them as an attractive option.
These results lead us to conclude that social support and well-being play essential roles in the development of perceived employability, reinforcing the importance of strategies that promote social support and the psychological well-being of individuals, these being all the more important in the absence of other monetary and motivational conditions (the existence and prevalence of negative organizations) which may not exist in Portugal, for the reasons mentioned above (
Graça and Au-Yong-Oliveira 2024).
In summary, this study shows that a supportive environment and well-being strengthens perceived employability and can be a crucial factor in professional success and life satisfaction—in Portugal—where the far right is gaining traction and scale as more and more youths are dissatisfied with the direction the country is going in.