In the study of well-being there are two partially overlapping traditions that have been developed in parallel. Subjective well-being (SWB) has been associated with the hedonistic approach of well-being, and psychological well-being (PWB) with the eudaimonistic one. However, satisfaction with life, the most common SWB indicator, is not strictly a hedonic concept and contains many eudaimonic components. The objective of this research is to examine whether a Eudaimonic Well-being
G-Factor of Satisfaction with Life (SWLS) and Psychological Well-being Scales (PWBS) emerges. Method: 400 people from the general population of Colombia (Study 1) and 401 from Spain (Study 2), recruited via advertisement, voluntarily participated and fi lled in a booklet containing, in order of appearance, the PWBS and the SWLS. Results: According to our hypothesis, parallel analysis, eigenvalues, scree plot graphs and exploratory factor analysis (Study 1) suggested the existence of a one-factor structure. Confi rmatory factor analysis (Study 2) indicated that this one-factor model provided excellent data fi t. Results of a multi-group confi rmatory factor analysis confi rmed cross-cultural factor invariance. Conclusions: These results question the view that the satisfaction with life indicator is uniquely hedonic and point to the need for a greater integration between hedonic and eudaimonic traditions
