Human Resources Accounting: An Analysis of State Bank of India’s Income and It’s Expenditure Incurred on Human Resources

Abstract

As We Know In The 21st Century All The Organizations Are Facing Competition. The Service Sector Is The Major Contributor Throughout The World Economy. In The Service Sector Employees Play An Important Role. Because Of The Quality Of Service Depends On The Employees Who Are Serving That Service. In That Support Objective Of Our Study Is To Trend In Earnings Of The Organization And Expenditure Incurred On Employees By The Organization. SBI Is The Leading Public Sector Bank, So We Have Collected Data From Annual Reports Of The SBI Bank From The Period Of 2009 To 2019. After Analyzing The Data We Found The Correlation Between Total Income Of SBI And Expenditure Incurred By SBI On Their Employees. On The Basis Of This Study, We Conclude That Employees Play An Important Role In The Organization. And Organizations Are Just Increasing Expenditure On Employees In The Same Trend Of The Organization's Income. The Organization Should Put Employees On The Balance Sheet As Assets. Organizations Are Still Showing Employees As Expenditure. In Coming Future, If The Organization Will Recognize Employees' Contributions That Will Lead To More Satisfaction In The Employees And This Boost In Satisfaction Will Improve The Performance Of Employees Due To That The Overall Performance Of The Organization Will Improve.