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Team building exercises

While hiring a group of people that work well in a team isn’t always easy, when you do, it can result in a more effective, productive and overall more successful workforce.

To create a strong team of workers, some businesses turn to setting aside a day to undertake team building exercises to rally everyone together and break down communication barriers, overcome shyness, build confidence in one another and overall unite everyone together.

Before engaging in team building exercises, businesses first need to establish the goal they wish to achieve from engaging in such activities. Many employers plan activities with no goal in mind, which often results in employees reverting back to their standard behaviour after the day of fun and games.

Examples of team building goals include overcoming conflict, improving communication, encouraging collaboration or even simply getting to know one another better.

Businesses also need to consider the type of team building exercises they would like to conduct to determine whether they need to set aside an entire day, half a day or even just a few hours to build a strong team of workers.

Location is also very important – is there enough space in the office to engage in team building exercises or will you need a larger area, like an outdoor field. Consider also whether you will need equipment and if employees will need to bring a spare change of clothes. Some employees may not be able to participate if they are wearing suits or heels.

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Consolidating your super

October 22, 2020

Consolidating your super can save you time and money. Consolidating your super means that rather than having multiple different accounts, all your super is in one account.

Why you should consolidate your super:

Before you consolidate your super:

Don’t simply choose the account with the highest balance. Rather, take into consideration the performance of that super fund, the fees you are required to pay, whether it is linked to any insurance and any other factors. Upon reviewing this, you may find that rather than choosing between your current super funds, starting with a completely new fund might be the best way to go.

How to consolidate to one of your current super funds:

Transferring to a new fund

In the case you decide that transferring to a new fund is the best option, you can consolidate either by contacting the new fund directly, or using an ATO rollover form.