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What is Team building?

Team building: Activities that strengthen working relationships.

Where Team building fits

Team building is part of Work & Pay in People & HR. Work and pay balance fairness and flexibility: wages, overtime, remote or hybrid work and the risk of burnout. High turnover is a costly warning sign.

Practical tip

Check workload, pay and flexibility before good people quit.

Related terms

Minimum wage
The lowest pay the law allows for work.
Gig economy
Work done through short, flexible jobs rather than permanent roles.
Employee turnover
Share of employees who leave a company in a period.
Delegation
Handing a task and its authority to someone else.
Severance pay
Money paid to an employee who loses a job through no fault of their own.
Remote work
Doing a job away from the company's office.
Work-life balance
Keeping paid work and personal life in healthy proportion.
Employee engagement
How committed and motivated people feel at work.

Formulas you will use with it

Absenteeism rateTake-home payAnnual pay from hourly wageProductivity

Test yourself

Which term means: “Activities that strengthen working relationships.”?

Minimum wage · Team building · Delegation

Answer: Team building

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