Abstract

Quality of Work Life (QWL) is a concise, theory-based metric that links employee well‑being to organizational performance. This mini‑review explains how the QWL Index functions as an actionable performance scorecard. QWL index comprise staff opinions about their Physical and Emotional Safety (PE), Collaboration and Identity (CI), and Objectives and Creativity (OC) to quantitative performance index (0…100%). We present the Human Capital Production Function (HCPF) that mathematically connects QWL to economic results and shows two principal profit mechanisms: revenue enhancement and cost reduction. We summarize empirical insights, provide a compact managerial roadmap and outline accounting implications for treating human capital as a measurable, manageable asset.