The paper attempts to review the relationship between psychological empowerment, job satisfaction and organizational commitment. An attempt has been made to trace the development and growth of psychological empowerment, job satisfaction and organizational commitment as variables and to establish conceptual and empirical linkages amongst the variables involved. Finally, the paper proposes a research model which establishes a proposed linkage between the components of psychological empowerment (Meaning, Competence, Self – determination and Impact) with job satisfaction and organizational commitment sub variables (Affective, Continuance, Normative). The model would subsequently be tested in the Indian context.