The purpose of this study is to portray the current scenario of the industry in terms of psychology and emotional situation levels and to address the plight of the employees and contributing to the strategies of leadership to address the current problems in the job setting in the current scenario. An exploratory approach was embarked upon while reviewing the papers that addressed the different dimensions of the psychological wellbeing. The positive & negative outcomes of the challenges of the employees /workforce in current situation have been elucidated. The transformational leadership helps in nurturing a holistic mind-set among the workforce. Future recommendations are conspicuously defined regarding the roles & expectations from the job and the how the representatives of organization can help in coping the transformation in the work setting. The present study adds a new insight into the extant literature by considering transformational Leadership in developing research capabilities & dealing with the practical research challenges & psychological problems related to stress faced by the workforce.

KEYWORDS: Transformational Leadership, Psychological Wellbeing, Employee Wellbeing, Psychological Satisfaction, Emotional Situation.