True or False: Time spent with team members is considered part of hours and wages.

The statement that time spent with team members is considered part of hours and wages is accurate because, in many organizations, any time that employees are actively engaged in work-related activities—such as meetings, collaborations, and team-building exercises—should be compensated as part of their normal work hours. This aligns with labor laws and company policies that mandate employees be paid for all hours worked, which includes time spent with colleagues that contributes to achieving the company's goals.

For example, if employees meet to discuss project progress or collaborate on work tasks, this time is essential for the team's performance and is typically counted as compensable work hours. This is essential for maintaining productivity and ensuring that employees are not working unpaid hours, which could lead to dissatisfaction and decreased morale.

In this context, while there could be nuances for specific situations or caveats based on company policies or employment agreements, the general principle remains that team-related activities are indeed part of the compensable hours for employees, reinforcing the correctness of the statement.