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The goal of the present study is to examine the psychology of working framework/theory with a sample of Korean workers. This study examined the structural model of sociocultural factors (i.e., economic constraints and social marginalization), psychological variables (i.e., work volition and career adaptability), and outcomes of decent work based on the psychology of working framework. This study assumed that decent work helps all workers attain a sense of self-respect, dignity, experience freedom and security in the work environment and provides an opportunity for workers to contribute to society. Data were collected from 420 Korean workers, with an average age of 39.13 years (SD = 9.26). We used a hypothesis model that did not assume a direct path from economic constraints and social marginalization to decent work and work volition and career adaptation to job satisfaction and life satisfaction. We also employed an alternative model that assumed all of its paths and compared the models' goodness of fit based on prior studies. Results indicated that alternative models have higher goodness of fit than hypothesis models. All path coefficients were significant except for the direct path from social marginalization to work volition and career adaptability to life satisfaction. Additionally, work volition and career adaptability mediated both the relationship between social marginalization and job satisfaction and between marginalization and life satisfaction. This study enabled the comprehensive examination of the relevance of various social environments and psychological and occupational characteristics that should be considered when exploring job or life satisfaction in the process of career counseling.