Technologies Limited HRM Report 2022

Running head: TECHNOLOGYONE LIMITED HRM
TECHNOLOGYONE LIMITED HRM
Name of the Student:
Name of the University:
Author Note:

TECHNOLOGYONE LIMITED HRM1
Executive summary
This report has discussed the International human resource management process that guides
the managers of the companies entering in the new market in any industry to properly utilise
the human resources. Here the MNE named Technologyone will be entering the IT market of
India. This paper has analysed the approaches apt for the human resource management to
initiate international staffing, effective expatriation program, pre-departure training program
and approach to international compensation of expatriates. Along with these the localisation
and standardisation process are also discussed. This report ends with a recommendation how
changes of power equation can strengthen the company effectively. It ends with the code of
conduct which Technologyone must follow for operating successfully in the Indian
subcontinent.

TECHNOLOGYONE LIMITED HRM2
Table of Contents
Introduction:...............................................................................................................................3
Introduction of the organisation, the subsidiary and India as host country:..............................3
1. IHRM practices in four areas:................................................................................................4
1.1 The approaches to international staffing:.........................................................................4
1.2 An effective expatriation program:..................................................................................5
1.3 A pre-departure training program:...................................................................................5
1.4 The approach to international compensation of expatriates:............................................6
2. The factors driving the standardisation and localisation of HRM in Technologyone
Limited:......................................................................................................................................6
2.1 Factors that drive standardisation:...................................................................................7
2.2 Factors that drive localisation:.........................................................................................8
3. Recommendations:...............................................................................................................10
Conclusion:..............................................................................................................................11
References:...............................................................................................................................13

TECHNOLOGYONE LIMITED HRM3
Introduction:
The aim of this report is to discuss the international human resource management
process followed by the multinational enterprises like Technologyone Limited in Australia.
The international human resource management process takes good care of the employees
when a new venture is initiated. Here the human resource management of Technologyone
Limited aims to enter the market of India which seems to be favourable for the growth of this
particular company. However not only these programs relating to the staffing and providing
support to the expatriates, the HRM also takes care of the process of localisation and
standardisation of their HRM practices so that the employees who will be employed in that
subsidiaries locally along with the expatriates, can get job satisfaction. Finally some
recommendations are suggested so that the power and domination of the head quarter is seen
in the subsidiary in Indian market.
Introduction of the organisation, the subsidiary and India as host country:
Technologyone Limited is an Australia based software company that was found in
1987 in Brisbane, Australia. Technologyone Limited has been listed on the Australian
securities exchange with symbol of TNE and constituent of ASX 200 index. This particular
MNE has its subsidiaries in Australia, Malaysia, United Kingdom, the countries of south
pacific region and the neighbouring country of New Zealand. The company provides business
support through information technology, project management and consulting services to the
other organizations. The company does not have any presence in the big market like India
where there is a lucrative business scope with the second largest population, unmatched raw
materials and a great chain of suppliers. In addition to this, the process of entering the IT
market of India will be fruitful because the employees of the Indian market are highly skilled
are often outsourced in the companies of US. Therefore, if Technologyone Limited enters