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NEWS - WageWorks Enters Strategic Alliance with Ceridian

August 7, 2013 – San Mateo, CA — WageWorks, Inc, a leading provider of Consumer-Directed Benefits (CDBs), such as pretax accounts for health, commuter and other employee benefits, today announced that it has entered into a strategic alliance with Ceridian, a leader in human capital management with more than 100,000 clients in over 50 countries.

“This partnership allows two leaders in their space to deliver a combined best-in-class solution, and enables Ceridian to deliver even greater value to our customers in the area of Consumer-Directed Benefits”

Under this alliance, WageWorks will assume responsibility for the administration of all Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), Health Savings Accounts (HSAs), Commuter Benefit Accounts, and Premium Only Plans currently provided by Ceridian. In addition, as part of this alliance, Ceridian will soon offer through its sales organization WageWorks’ health, commuter and other pretax employee benefit accounts to their employer clients. By partnering with WageWorks, Ceridian ensures that its clients and their employees have access to the expertise, technology and enhanced services in Consumer-Directed Benefits WageWorks offers, while continuing their focus on providing leadership in human capital management.

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http://www.businesswire.com/news/home/20130807005894/en/WageWorks-Enters-Strategic-Alliance-Ceridian-Extend-Leadership