The Influence of Labor Expenses on Current Year Profit of PT Bank Rakyat Indonesia Tbk 2003-2022

Abstract

This study aims to analyze the impact of Labor expenses on the annual net income of PT BRI (Bank Rakyat Indonesia, Tbk) from 2003 to 2022. Quantitative methods are the core of the scientific rigor of this study. Library and document-based methods are used to collect data. Financial statements serve as secondary sources of information. Data processing methods based on linear regression analysis are used to test the financial statements of PT BRI Tbk for 2003-2022 with a focus on labor cost and profit data. According to the findings of the study, PT BRI Tbk's current year profit is positively and significantly affected by Labor expenses. Based on the data provided, we can conclude that this is the case because t-count = 6.6072> t-table = 1.734 and 0.00 0.05 or sig 0.05 is statistically significant.