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Compensation: The financial returns and benefits received by the employee for their mental & physical efforts or contribution towards the organization, resulting into tangible goods & services. Compensation is mainly categorized into two types: 1.) Base Compensation - The compensation received...

TRAINING NEEDS ANALYSIS[/b] There are three types of training need analysis 1. Organizational need analysis 2. Job need analysis 3. Person need analysis Organizational Needs Analysis [/b] According to many training experts, attaining the objectives of the business should be the ultimate...