The gold standard in global HR compliance HR compliance isn’t a checkbox at Velocity Global. We set the industry standard for compliant EOR services through regular audits certifications and employment licensing. Unlike third-party providers we manage our own entities to exceed employment requirements leading the EOR industry in global HR compliance. Achieve peace of mind with our robust HR …
Type: Component Page
For higher education institutions that want to be at the forefront of innovation and thought leadership a globally mobile workforce is essential. Benefits include everything from increasing diversity of thinking and access to research funding to supporting employee well-being recruitment and retention.The increasing has invoked more government scrutiny of cross-border employment than ever before. …
Type: Resource (Article)
Global compensation is the total package of salary, benefits, and incentives organizations provide to employees across different countries while maintaining fair and compliant payment practices. … Also known as total global rewards, global compensation refers to an employer’s direct and indirect compensation for its distributed workforce . Direct compensation includes salaries and performance …
Type: Glossary
A Human Resources (HR) Generalist is a human resources professional responsible for a broad range of HR functions, including talent recruitment, employee relations, legal compliance, benefits administration, and more. An HR generalist bridges employees and company management and supports various HR functions to ensure smooth business operations. They are often found in small- to mid-sized …
Type: Glossary
Geographic arbitrage is the practice of earning income in a high-cost region while living or operating in a lower-cost area to maximize financial returns and purchasing power. … The concept gained significant momentum in the mid-2000s through Tim Ferriss’s bestseller “The 4-Hour Workweek” and has since evolved into a cornerstone strategy for global workforce management . This approach has …
Type: Glossary
A Global Mobility Manager coordinates international employee relocation and compliance to support seamless global workforce operations. … These professionals navigate complex legal and logistical challenges associated with cross-border employment. They ensure adherence to immigration laws, tax regulations, and labor requirements in multiple countries while minimizing operational disruptions. …
Type: Glossary
An employee wellness program is designed to improve and promote well-being among in-person, hybrid, or virtual employees through health-based initiatives. … Since the COVID-19 pandemic, more employers than ever have been aware of the growing importance of employee benefits , like wellness programs. To retain employees, companies should consider developing wellness programs that address overall …
Type: Glossary
The General Data Protection Regulation (GDPR) is a comprehensive data protection law that safeguards the privacy and personal data of people living within the EU and the European Economic Area. GDPR governs the collection, processing, and storage of personal information. Any organization that handles EU residents’ data must adhere to GDPR, regardless of where it is located; for example, a U.S. …
Type: Glossary
Employee time tracking is the process of recording and monitoring the hours worked by employees, including their start times, end times, and breaks throughout the workday. Time tracking is a cornerstone of talent management . It enables organizations to maintain accurate records of employees’ work hours for payroll processing, project management, and operational efficiency purposes. Beyond basic …
Type: Glossary
A foreign subsidiary is a company owned or controlled by a parent company headquartered in another country. The parent company holds a majority stake (more than 50% and up to 100%) in the subsidiary, allowing it to influence or control business operations, strategies, and decisions. … Because it is a separate legal entity from its parent company, a foreign subsidiary must comply with the local …
Type: Glossary
