A Study on the Impact of Human Resource Accounting and Talent Management in Private Higher Educational Institution-with Special Reference, Patna, Bihar

Authors

  • Balbhagvan Acharya Ph.D. Research Scholar of Management at Eklavya University, MP, India. Author
  • Dr. Pearly Jacob Director IQAC, Dean of Commerce and Management at Eklavya University, MP, India. Author
  • Dr. Tanveer Akhtar Khan HOD, School of Management at Eklavya University, MP, India. Author

DOI:

https://doi.org/10.47392/IRJAEM.2025.0344

Keywords:

Human Resource Accounting (HRA), Talent Management, Faculty Retention, Higher Education, Private Institutions, Patna, Bihar, Performance Appraisal, Institutional Growth

Abstract

Human Resource Accounting (HRA) is an emerging discipline that seeks to quantify the value of human capital within organizations. In the context of private higher educational institutions, faculty members play a crucial role in shaping academic excellence, institutional reputation, and student success. However, the lack of standardized models and awareness of HRA has limited its adoption in the education sector. This study explores the impact of HRA and talent management on faculty retention, promotion, and institutional performance. The research employs a quantitative methodology, using primary data collected from 150 faculty members, HR professionals, and administrators through structured surveys. Descriptive statistics, correlation analysis, and regression analysis have been applied to interpret the data and examine the relationship between HRA, talent management practices, and faculty retention. The study identifies key talent management strategies, including recruitment, training, performance appraisal, compensation, and engagement programs, and evaluates their impact when integrated with HRA. Findings suggest that transparent HRA practices positively influence faculty motivation, job satisfaction, and retention, while the absence of structured human resource valuation hinders effective talent management. The study also highlights major challenges such as financial constraints, lack of awareness, and resistance to change in adopting HRA within educational institutions. Based on the results, this research proposes policy recommendations for integrating HRA with talent management to enhance faculty performance and institutional growth. This study contributes to the growing body of knowledge on HRA and talent management in the education sector, offering insights for institutional leaders, policymakers, and researchers. The implementation of structured HRA frameworks and strategic talent management practices can significantly improve faculty engagement, academic performance, and institutional sustainability in private higher education institutions.

Downloads

Download data is not yet available.

Downloads

Published

2025-06-04