Leading Benefits Provider WageWorks Partners with Top Tuition Administrator Edcor -- New Partnership Gives Businesses a Powerful New Tool to Help Engage, Retain and Recruit Talent

SAN MATEO, Calif., Sept. 22, 2011 /PRNewswire-USNewswire/ -- WageWorks, a leading on-demand provider of tax-advantaged programs for consumer-directed health, commuter and other employee spending account benefits, has joined forces with the pre-eminent tuition assistance outsourcer Edcor. The new, combined solution will give businesses better and more powerful ways to manage their tuition reimbursement and assistance programs.

"WageWorks is extremely pleased to enter into a strategic alliance with Edcor," said John Doheny, WageWorks Senior Vice President, Sales.  "Their sole focus on tuition reimbursement, use of modern technology and commitment to outstanding service aligns perfectly with WageWorks' business philosophy and mission."

"As with any business partnership, it is extremely important that company cultures and company philosophies are aligned to ensure future success," said Adrienne L. Way, Edcor president and CEO.  "WageWorks and Edcor both believe in high-quality service, world-class innovation and a customer-first philosophy.  Both organizations operating with the same belief creates a recipe for success.  I believe that customers and clients of both companies will benefit from this newly formed partnership."

Currently, more than 1.8 million participants use WageWorks' healthcare, commuter, COBRA, retiree healthcare and other employer-sponsored benefits. With superior technology and service, WageWorks maximizes the amount of time and money both businesses and their employees can save through employer-sponsored benefits programs. The partnership with Edcor will enable WageWorks to satisfy client demand for a leading-edge tuition solution including real-time application processing and tracking.

About WageWorks
WageWorks, Inc. is a leading on-demand provider of tax-advantaged programs for consumer-directed health, commuter and other employee spending account benefits in the United States. Products include 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.  WageWorks delivers its programs through a highly scalable 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.  WageWorks' programs enable employees and their families to save money by using pre-tax dollars to pay for certain healthcare and commuter expenses, and employers financially benefit, too, through reduced payroll taxes.

WageWorks is headquartered in San Mateo, California, with offices in major locations throughout the United States. For more information, please visit www.wageworks.com.

About Edcor
As the leader in tuition benefit administration, Edcor is widely known as the industry experts.  With 30 years of experience administering tuition programs, Edcor has reduced costs, increased efficiency and added measurable value to numerous Fortune 1000 companies.

Edcor provides unique solutions that are designed to assemble all of the features and benefits major corporations require, while proactively offering numerous enhancements that will maximize the return on investment, efficiency and cost-effectiveness of a tuition benefits program.

SOURCE WageWorks, Inc.