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Bailey Limited had a staff complement of 3,750 on January 1, 2021. As a result of recession, 1,800 staff left during the year which is

Bailey Limited had a staff complement of 3,750 on January 1, 2021. As a result of recession, 1,800 staff left during the year which is 1,050 more than expected. The excess was replaced immediately by the HR department. Calculate the labour turnover rate.

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