Company: Elements Global Services, Chicago, IL USA
Nomination Category: Global HR Solution Provider of the Year
Solution Provider Essay: Text Redacted For Publication
Over the past 18 months, Elements Global Services has crafted a direct employer of record (EOR) solution that allows companies to expand globally at half the cost and in half the time. As one of the only providers to offer a direct employer of record model, Elements helps companies around the globe quickly onboard, manage and pay employees worldwide, while most importantly, making sure the business complies with local employment laws.
Unlike other service providers that utilize an indirect EOR model, Elements is able to streamline business operations for companies as the sole EOR. For example, if a company needs to hire in Spain, it would work directly with Elements’ dedicated team to get the job done – Elements wouldn’t outsource any operations to local entities. An indirect model sometimes requires third or fourth party partners to help clients navigate through onboarding, payment and compliance in certain areas, which can ultimately cause confusion in terms of communication and it delays the onboarding process of employees. Elements recognized this pain point for clients and with its direct EOR model, companies have the ability to work with a single partner when expanding their businesses across the globe.
To supplement the company’s incredible revenue growth, Elements has also expanded its global footprint into an additional 21 countries in 2016 to support client needs. Elements recognizes the importance of having resources available in the areas where clients want to expand, and will take the necessary steps to ensure they’re able to provide the best support possible, which can also extend beyond EOR services.
In addition to its EOR capabilities, Elements provides administration services outsourcing and global professional employment organization services. By negotiating a global insurance master policy with leading providers in 2016, Elements was able to streamline healthcare for companies who operate in multiple countries, ultimately making cost and benefit programs more efficient for them. Whether a business expanding into one country or several countries, Elements has the resources companies need to successfully expand across the globe.
With Elements’ rapid expansion and revenue growth in 2016, the EOR service provider now operates in over 135 countries and is a true world-wide partner for companies looking to expand globally. Elements has opened a new office hub in Barcelona this past July and New Delhi this past September with plans for a new corporate office in Hong Kong in Q1 of 2018 to better serve the APAC region. Overall, Elements Global Services provides companies with the elements they need to succeed when expanding worldwide so the companies and their teams can stay focused on what they do best.
• In the past 18 months, Elements has created a direct EOR model and expanded its global footprint into an additional 21 countries.
• Elements operates in over 135 countries across the globe.
• Elements has opened a new office hub in Barcelona this past July and New Delhi this past September with plans for a new corporate office in Hong Kong in Q1 of 2018 to better serve the APAC region.
• Elements negotiated a major global insurance master policy helping to streamline healthcare for companies in multiple countries.