UDC: 331.445:613(497.11) 159.944.4:331.1-055.2 JEL: L26 COBISS.SR-ID: 238908684 ORIGINAL SCIENTIFIC PAPER The Impact of Stress and Health on Quality of Working Life of Women in SMEs in Republic of Serbia Oliver Momčilović Sports Academy, Belgrade, Serbia Tijana Cvetić Faculty of Engineering University of Kragujevac, Kragujevac, Serbia Sladjana Vujičić 1 Faculty of Business Economics and Entrepreneurshp, Belgrade, Serbia Aleksandar Antonijević Faculty of Engineering University of Kragujevac, Kragujevac, Serbia A B S T R A C T This paper gives analysis of impact of stress and health on quality of life of female workers in small and medium enterprises in Republic of Serbia. Research was conducted via questionnaire which held statementss regarding stress, health and quality of life, and was distributed to female workers in small and medium enterprises. Research results based on proposed model prove that stress and health have significant impact on overall quality of working life and that by altering each one of the variables mentioned or both at once level of quality of working life of female workers changes. Total of 198 respondents contributed to this research from all business positions. KEY WORDS: quality of working life, stress, health, system model 1 Corresponding author, e-mail: sladjanakonto@gmail.com