The Present research was administered with the aim of investigating the relation-ships between spiritual capital components with spiritual and psychological well-being. The Re-search population consisted of employees of two industrial organizations, among whom 277 persons were selected using simple random sampling. Research instruments consisted of Spiritual Capital Questionnaire, Spiritual Well-Being Questionnaire, and Psychological Well-Being Questionnaire. Data were analyzed using Pearson’s correlation coefficient and concurrent multiple regression analysis. The results of multiple regression analysis showed that: 1. Among spiritual capital components, spiritual value orientation, spiritual effectiveness, spiritual arbitration, authentic affair, honoring humanity, and spiritual trust can predict personal spiritual well-being. 2. Among spiritual capital components spiritual value orientation can predict environmental spiritual well-being. 3. Among spiritual capital components, spiritual effectiveness, opportunity to give a private audience to God, and spiritual trust can predict transcendental spiritual well-being, and 4. Among spiritual capital components, spiritual value orientation, opportunity to give a private audience to God, authentic affair, and spiritual trust can predict psychological well-being. The Results of this research revealed that, spiritual capital components have potential capacity for promoting individual’s spiritual and psy-chological well-being at workplace.