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What is Training Costs and Benefits Analysis about?

This document discusses the importance and costs of training and development for supervisors. It outlines several direct and indirect costs of training, such as facilitator fees, materials, wages, and lost productivity. It also describes how to calculate potential savings from training, such as reduced errors and turnover. The document provides a formula for comparing costs per participant to estimated savings per participant to determine if the financial benefits of training outweigh the costs. Return on i

Author

NidhiSinha

Language

EN