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What is training and development? What is the relationship between training and development and human capital investment?
Staff training refers to the planned implementation of activities that contribute to employees' learning and work-related abilities. These competencies include knowledge, skills and behaviors that play a key role in job performance.

Employee development refers to formal education, on-the-job practice, interpersonal communication and evaluation of personality and ability for employees' future development.

Training and development is one of the contents of human capital investment.