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500 Value. Limited Availability}. 6 Benefits of a Training and Development Program. Over the years I have seen a common practice of cutting employee development during difficult economic times. Though this may seem a fiscally good idea, the real costs say otherwise. One significant facture is the cost of turnover. Equally important, an unengaged employee provides poor service, high absenteeism and can slowly destroy a corporate culture. [&]. Effective Training = Transfer and Adoption of Skills. Many ...