Serambi Engineering
Vol. 10 No. 1 (2025): Januari 2025

Analisis Pengaruh Jumlah Tenaga Kerja Terhadap Financial Performance dengan Metode Analisis Regresi dan Korelasi di PT Migas

Riyadi, Attila Daffa (Unknown)
Tranggono (Unknown)



Article Info

Publish Date
08 Jan 2025

Abstract

Labour serves as a critical resource that has a significant impact on a company's operations and financial results, particularly in the oil and gas sector, which contributes to national economic development. This research focuses on evaluating the impact of workforce size on the financial performance of PT Migas using regression and correlation analysis techniques. The study uses financial ratios such as return on assets (ROA), return on equity (ROE), earnings before interest, tax, depreciation and amortisation (EBITDA) and operating costs as data variables. The results show a weak inverse relationship between the number of employees and ROA, with a correlation coefficient of -0.526, indicating a negative association. Similarly, the correlation between the number of employees and ROE is calculated at -0.332, while the correlations with operating expenses and EBITDA are -0.991 and -0.848 respectively, all indicating a negative trend. Over the three-year analysis period, the results show that the size of the workforce does not have a significant impact on financial performance. This highlights the potential influence of other factors on firm performance and the need for management to implement more efficient workforce strategies. This study aims to provide valuable quantitative insights for management in formulating labour-related policies to support the company's future financial growth.

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Journal Info

Abbrev

jse

Publisher

Subject

Earth & Planetary Sciences Energy Engineering Environmental Science Industrial & Manufacturing Engineering

Description

The Serambi Engineering journal is published as a medium to distribute information on research results in engineering and science, both carried out by lecturers from the Serambi Mekkah University and other parties. Published research can be in the form of field research or laboratory research as ...