This study was designed to provide a fuller understanding of the meaning and effects of workaholism. The present study aimed to identify the benefits of human’s strengths, such as self- efficacy in countering life challenges. Thus, the study investigated self-efficacy as an underlying mechanism between the relationships of workaholism, burnout and job satisfaction in 268 car dealership employees. Anonymous surveys were distributed to a number of major car dealerships in Perth, Australia. Mediation analysis was conducted to investigate if self-efficacy fully mediated the relationships between workaholism, job satisfaction and burnout. Results indicated that workaholism predicted less burnout in employees and more job satisfaction in employees. More importantly, this relationship was fully mediated by employees’ sense of self efficacy. This suggests that self-efficacy may be an underlying mechanism which is activated by workaholism and leads to a positive spiral of outcomes on job satisfaction as well as burnout. Implications for research and practice are discussed.