Elements Global Services vs Elements Holdings Group
Elements Holdings Group is a partner business recently launched alongside the longstanding Elements Global Services. These two Elements businesses serve separate operations and functions that have the ultimate goal of helping businesses internationally. Here are some things that make these two branches of Elements distinct in the services that they provide, from global payroll providers to cross-cultural communication training.
Elements Holdings Group
This newly launched business is taking advantage of the vast international business knowledge that Elements is known for, and utilizing it in the form of an international holdings group. A holdings group is a company that owns the outstanding stock of other companies. Elements Holdings Group essentially exists to purchase and manage other companies or company shares in other businesses, which serves as a kind of investment system, helps companies grow, helps diversify the function of a conglomerate, and can provide a position of leverage in voicing the direction of a company if a group owns enough stocks in that company.
Elements Global Services
Elements Global Services, or Elements PEO, specializes in Employer of Record services, international HR compliance counsel, cultural awareness training and online HRIS and payroll technology. The purpose of this part of Elements is to offer valuable services to companies trying to expand to an international management style, or to better make use of their international company’s system and its employees. Elements Global Services are meant to help serve the productivity, ease of function and profitability of international businesses, help to minimize risk, and provide management tools that solve some of the most basic problems that arise when running an international corporation or business. Elements Global Services provides very practical tools to help international businesses function and grow.
Although Elements Global Services has expanded to include Elements Holdings Group, it still serves its original function in helping international businesses to succeed. Simply put, Elements has also entered the realm of investment, not just service and strategy. In a way, they’re providing both practical day-to-day services to international businesses, as well as financial security and stability. Global payroll providers, HR management tool providers, and more, Elements Global Services and Elements Holdings Group work to help international businesses to grow and succeed in the short and long term.