We present a parallel preconditioning method for the iterative solution of thetime-harmonic elastic wave equation which makes use of higher-order spectral elements toreduce pollution error. In particular, the method leverages perfectly matched layerboundary conditions to efficiently approximate the Schur complement matrices of a blockLDLTfactorization. Both sequential and parallel versions of the algorithm are discussed andresults for large-scale problems from exploration geophysics are presented.