Elements Global Services, an HR technology firm and direct employer of record (EOR), doubled its revenue and customer base in 2021, leading to a record-breaking year. The momentum is supported by the company’s global expansion that offers its EOR solutions in more than 160 countries, as well as the launch of two new solutions: Venture Global and GoGlobalGov.
These milestones have translated to a successful year and solidified Elements’ position as a premier direct EOR solution provider, simplifying global expansion through HR technology solutions that break down barriers to entering new markets. Additionally, Elements’ expanded C-suite team in 2021 should play a role in continuing growth this year.
The direct correlation between globalization and remote work, coupled with the need for centralized global payroll solutions, has positioned Elements to influence and drive change in the HR tech market. In 2021, Elements continued its commitment to simplifying global expansion with solutions tailored to support the unique needs of government contractors, along with venture capital (VC) and private equity (PE) firms.
Venture Global is designed to alleviate the human capital challenges that arise from mergers and acquisitions, restructuring and investment deals. The solution assists with business planning and global expansion by simplifying the human aspect of international and local deals as well as divestitures.
Elements designed GoGlobalGov to help prime and sub-contractors looking to win and execute on overseas government contracts. By providing one global workforce solution partner, GoGlobalGov offers speed-to-market within the growing government contracting space by navigating the complexities surrounding this line of work, including managing compliance of local labor laws and regulations.
GoGlobalGov is designed to help government services clients – primes, subcontractors and subrecipients – succeed on global bid-to-win projects and implement overseas programs funded by any government department, agency or entity worldwide.
Through it technology and solutions, GoGlobalGov helps clients manage projects at any stage of the lifecycle and reduce operating risks by managing compliance with local country labor laws and regulations as well as any funding agency requirements. By partnering with GoGlobalGov during the procurement stage, clients can position themselves as a contractor ready to implement projects in any part of world, compliantly and efficiently on day one.
Each solution is supported by Elements’ HR technology platforms, which enable users to fast-track global compliance and automate and streamline global payroll and other HR functions when entering new markets.