Question 3: Gulfwar Company LLC want to computed labor turnover rates for the quarter ended 31- March 2020 and company wants to formulate an incentive scheme with a view to increase productivity. The manager has provided you the following details: (6+6+3 = 15 Marks) a. The labor details and asked you to calculate the labor turnover using different methods. In Gulfwar Company LLC, during the March 850 workers were discharged from duty while 275 workers left. Number worker on 14 March were 1,200. During the year 670 workers were recruited of these 450 workers were recruited because of exits and the rest were recruited in accordance with expansion plans. Company was having 1,400 workers on 31" March b. Gulfwar Company LLC pays wages of RO 3,200 per week of 25 hours, plus a cost of living of RO 7.50 per hour worked. Worker is given 10 hours task to perform, which he accomplishes in 7 hours. What would be his total hourly rate of earnings using Halsey Weir Plan, and what difference would it make if he were paid under the Rowan Plan? c. In your opinion, what can be the reasons for high labor turnover. (300 words)