WageWorks

WAGE NYSE
50.80
+0.01
+0.02%
After Hours: 50.80 0 0.00% 17:53 07/17 EDT
Open
50.80
Prev Close
50.79
High
50.85
Low
50.76
Volume
527.37K
Avg Vol (3M)
728.96K
52 Week High
56.80
52 Week Low
25.15
% Turnover
1.32%
Market Cap
2.03B
1D
5D
1M
3M
1Y
5Y

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Company Profile

WageWorks, Inc. is engaged in administering Consumer-Directed Benefits (CDBs). The Company administers CBDs, including pre-tax spending accounts, such as Health Savings Accounts (HSAs), health and dependent care Flexible Spending Accounts (FSAs), and Health Reimbursement Arrangements (HRAs), as well as Commuter Benefit Services, including transit and parking programs, wellness programs, Consolidated Omnibus Budget Reconciliation Act (COBRA) and other employee benefits. Its CDB programs assist employees and their families in saving money by using pre-tax dollars to pay for certain of their healthcare, dependent care and commuter expenses. Employers financially benefit from its programs through reduced payroll taxes. It provides operational support services to its clients and its cross-functional teams, including customer support and claims processing. It administers HSAs for employers that allow employee participants to invest funds to be used for qualified healthcare expenses.
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