We are a leading on-demand provider of tax-advantaged programs for consumer-directed health, commuter and other employee spending account benefits, or CDBs, in the United States. We administer and operate a broad array of CDBs, including spending account management programs, such as health and dependent care Flexible Spending Accounts, or FSAs, Health Savings Accounts, or HSAs, Health Reimbursement Arrangements, or HRAs, and commuter benefits, such as transit and parking programs.
We deliver our CDB programs through a highly scalable Benefits-as-a-Service, or BaaS, delivery model that employer clients and their employee participants may access through a standard web browser on any internet enabled device, including computers, smart phones and other mobile devices, such as tablet computers. Our on-demand delivery model eliminates the need for our employer clients to install and maintain hardware and software in order to support CDB programs and enables us to rapidly implement product enhancements across our entire user base.
Our CDB programs enable employees and their families to save money by using pre-tax dollars to pay for certain of their healthcare and commuter expenses. Employers financially benefit from our programs through reduced payroll taxes, even after factoring in our fees. Under our FSA, HSA and commuter programs, employee participants contribute funds from their pre-tax income to pay for qualified out-of-pocket healthcare expenses not fully covered by insurance, such as co-pays, deductibles and over-the-counter medical products or for commuting costs.
WageWorks is the provider of choice to many of the nation's largest and most innovative companies including:
50% of the Fortune 100 Companies
36.8% of the Fortune 500 Companies
38% of Working Mother Magazine's Best Places to Work
SAN MATEO, Calif.--(BUSINESS WIRE)--May. 10, 2013--
WageWorks, Inc. (NYSE: WAGE), a leading provider of Consumer-Directed
Benefits (CDBs), such as pretax accounts for health, commuter and other
employee benefits, today announced its participation at the 12th Annual
JMP Securities Research Conference on Monday, May 13, in San Francisco.
Joe Jackson, CEO, and Rich Green, CFO, are scheduled to present at 9:00
a.m. Pacific Time. The presentation will be webc...
Total revenue of $56.1 million, a 27% increase year-over-year
First quarter 2013 GAAP net income of $4.6 million or $0.14 per
diluted share. Non-GAAP net income per diluted share of $0.20
First quarter 2013 non-GAAP adjusted EBITDA of $14.0 million, a 47%
increase year-over-year
SAN MATEO, Calif.--(BUSINESS WIRE)--May. 9, 2013--
WageWorks, Inc. (the “Company”) (NYSE: WAGE), a leading provider of
...
SAN MATEO, Calif.--(BUSINESS WIRE)--May. 6, 2013--
WageWorks, Inc. (NYSE: WAGE), a leading provider of Consumer-Directed
Benefits (CDBs), such as pretax accounts for health, commuter and other
employee benefits, today announced its acquisition of Crosby Benefit
Systems, Inc., an administrator of benefit programs with a focus on
higher education and health care institutions, based in Newton,
Massachusetts. This transaction further strengthens WageWorks'
...
SAN MATEO, Calif.--(BUSINESS WIRE)--Apr. 9, 2013--
WageWorks, Inc. (NYSE: WAGE), a leading provider of Consumer-Directed
Benefits (CDBs), such as pretax accounts for health, commuter and other
employee benefits, today announced that it will release financial
results for its first quarter 2013 after U.S. financial markets close on
Thursday, May 9, 2013.
WageWorks will host a conference call on May 9, 2013, at 5:00 p.m. ET to
discuss the Com...
Sign up to receive e-mail alerts whenever WageWorks Inc posts new information to the site. Just enter your e-mail address and click Submit.
Replication or redistribution of EDGAR Online, Inc. content is expressly prohibited without the prior written consent of EDGAR Online, Inc. EDGAR Online, Inc. shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
