Team Building Boosts Productivity. Team building results in unity among individuals and departments, making people work together, pulling in the same direction, which ultimately increases productivity

Team Building also Increases Employee Happiness. That's why, another study published in the Harvard Business Review revealed that keeping your sales team happy can increase sales by up to 37%

Team Building Boosts Engagement. Organizations with highly engaged employees had an average 3-year revenue growth 2.3 times greater than companies whose employees were only engaged at an average level.

Arranging time for specific team-building activities can improve internal communication and encourage employees to work together. This can be especially important if your employees or managers are coming from a work culture that encouraged competition rather than collaboration. Team building is one of the best tools that help to empower company culture which is one that creates and supports employee engagement. High employee engagement contributes to the growth of eNPS. A strong eNPS score means employees are more likely to recommend their employer as a place to work.

Team building is one of the components of EVP is associated with factors that constitute a positive working environment. By strengthening EVP by adding team building you can decrease annual employee turnover by just under 70% and increase new hire commitment by nearly 30%