An immigration consultant is a certified expert who provides guidance, documentation assistance, and advisory services to individuals and organizations moving between countries. … Immigration consultants serve as knowledgeable intermediaries in the complex world of international mobility. They possess an extensive understanding of immigration procedures, visa requirements, and application …
Type: Glossary
A “green card” is the common name of an official U.S. document—a permanent resident card—that grants foreign nationals the right to live and work indefinitely in the United States. … The card earned its common name from its historical green color, which was used from 1950 to 1964 and reintroduced in 2010. Despite changes in card design and color over the decades, the “green card” nickname has …
Type: Glossary
Virtual teams are groups of professionals who collaborate across different locations and time zones, using digital tools and platforms to achieve shared business objectives. … The evolution of workplace technology has transformed traditional office dynamics, enabling teams to operate effectively without physical proximity. Modern virtual teams leverage video conferencing, project management …
Type: Glossary
A global team is a group of employees who collaborate across different countries, cultures, and time zones to achieve shared business objectives while bringing diverse perspectives and expertise to drive organizational success. … Global teams form the backbone of modern multinational organizations, enabling companies to tap into worldwide talent pools and establish a presence in key markets. …
Type: Glossary
Human capital management (HCM) is a set of practices and tools used to recruit, develop, and manage employees as valuable assets while optimizing their contributions to organizational success. … HCM transcends traditional HR functions by taking a strategic approach to workforce management. It encompasses everything from talent acquisition and development to performance optimization and employee …
Type: Glossary
PLATFORM SOLUTIONS USE CASES RESOURCES WHY VELOCITY GLOBAL COMPANY …
Type: Component Page
An affiliate company is a business entity with a partial ownership or controlling interest held by another company, the parent company. … This relationship allows the parent company to influence the affiliate's operations and strategic decisions while maintaining a separate legal structure. Affiliate companies can help businesses expand into new markets, diversify business operations, or manage …
Type: Glossary
Legal entity rationalization (LER) is the strategic process of simplifying a company’s legal entity structure to minimize costs and increase tax savings, usually by reducing subsidiaries, branches, and affiliations across multiple jurisdictions. … Global expansion often requires companies to establish new legal entities or work with foreign subsidiaries in each country to ensure compliance. This …
Type: Glossary
An acquihire occurs when a company acquires another organization primarily to obtain its talented employees rather than for its products, services, or other business assets. … The term "acquihire" combines "acquisition" and "hire," reflecting a strategic approach to talent acquisition that has become increasingly common in competitive industries. This practice enables companies to rapidly scale …
Type: Glossary
Global workforce management is a strategic and coordinated approach that allows organizations to oversee and optimize their workforce globally. … Global workforce management includes a range of functions such as recruitment, onboarding, payroll, compliance, and performance management, all tailored to meet the diverse needs of a geographically dispersed workforce. As businesses expand …
Type: Glossary
