LOUISVILLE, Ky., Sept. 13, 2017 (GLOBE NEWSWIRE) -- WageWorks, Inc. (NYSE: WAGE), a leader in administering Consumer-Directed Benefits, announced the completion of its expansion renovation of new office space in Commerce Crossings Business Park in Louisville, Kentucky. Earlier this year, WageWorks acquired 50,000 square feet of unused office space to increase capacity and support growing demand for its benefit offerings.
“Our organization has seen tremendous growth over the past five years, and the expansion of our footprint in Louisville will enable us to deliver the client service and innovation that defines WageWorks as an industry leader,” said Joe Jackson, Chairman and CEO of WageWorks. “WageWorks’ investment in the Commerce Crossings Business Park is a reflection of our commitment to employees, the Louisville market and the Commonwealth of Kentucky.”
To celebrate the expansion and opening of the new office space, WageWorks is holding a ribbon cutting ceremony with remarks from WageWorks executive leadership on Tuesday, September 19, from 10:00 a.m. to 10:30 a.m. at 5200 Commerce Crossings Drive, Louisville, Kentucky.
WageWorks currently employs more than 200 people in Louisville and the surrounding area.
The site is being established by WageWorks as a center of excellence for administration of public sector Consumer-Directed Benefits. In addition to supporting public sector clients, including the U.S. Office of Personnel Management’s Federal Flexible Spending Account Program, FSAFEDS, WageWorks’ teams in Louisville administer Flexible Spending Accounts, Consumer Health Spending Accounts, COBRA administration and other Consumer-Directed Benefits for employers across the country. Those interested in job opportunities with the company should visit https://www.wageworks.com/about/careers.aspx.
About WageWorks
WageWorks (NYSE: WAGE) is a leader in administering Consumer-Directed Benefits (CDBs). WageWorks is solely dedicated to administering CDBs, including pre-tax spending accounts, such as Health Savings Accounts (HSAs), health and dependent care Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), as well as Commuter Benefit Services, including transit and parking programs, wellness programs, COBRA, and other employee benefits. WageWorks makes it easier to understand and take advantage of Consumer-Directed Benefits for more than 100,000 employers and approximately 6.5 million people. WageWorks is headquartered in San Mateo, California, with offices in major locations throughout the United States. For more information, visit www.wageworks.com.
Media Contacts:
| Elizabeth Anderson VP, Corporate Communications 972-984-0800 elizabeth.anderson@wageworks.com | J.D. Whittenburg Director, Corporate Communications 214-596-2139 jd.whittenburg@wageworks.com |