As the corks pop at midnight, the colorful streamers fill the air, and people around the world join in a chorus of “Auld Lang Syne,” we are once again beginning a new year with long-anticipated resolutions of taking that long-awaited vacation, losing 20 pounds, saving enough money to buy your dream home, and getting that bonus you have worked so hard for. In addition to what we are wishing to accomplish in 2023, how about making a pact with our families, friends, and business associates to take some time to focus on what we are grateful for? In addition to our new “pact” there are many known benefits of gratitude which may include opening the door to more relationships, improving physical and psychological health, enhancing empathy, sleeping better, improving self-esteem, and increasing mental strength.
While the practice of expressing gratitude is often associated with personal relationships such as friendships, family, or partnerships, you may rarely hear the words “gratitude” and “business” in the same sentence. There are in fact several benefits of expressing gratitude at your place of business. Practicing gratitude with our team members may make both them and us happier, improve our moods, and perhaps feel more connected to each other. Gratitude can also enhance the sense of belonging and respect at work which can be related to higher job performance and lower turnover. An additional benefit of “workplace gratitude” may be that a culture of being grateful can predict higher job satisfaction. After all, an employee who practices gratitude may feel more grateful about their job in general.
In its simplest form, the expression of gratitude costs nothing and only requires minimal time and attention. According to Forbes Magazine, there is a clear connection between showing appreciation to your associates and employee motivation and engagement. Forbes also mentioned that in a recent study by the American Psychological Association, researchers found that 93% of employees who reported feeling valued said that they are motivated to do their best at work and 88% reported feeling engaged. Among that group, only 21% plan to look for a new job in the coming year. Needless to say, everyone wants to feel valued and appreciated as it is one of the deepest and most basic human needs.
Without a doubt, gratitude can be one of the best magical tools that can bring massive changes to your business, your like and emotional well-being. As Ralph Waldo Emerson beautifully stated, “Cultivate the habit of being grateful for every good thing that comes to you, and to give thanks continuously. And because all things have contributed to your advancement, you would include all things in your gratitude.”
Let’s embrace the new year with an open heart and a fierce spirit. Wishing you and your family health, happiness, and prosperity today and for years to come.
P.S.: We are grateful for you, our fellow business partners!