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WageWorks and Zipcar Team Up to Lower Transportation Expenses for Commuters

SAN MATEO, Calif. and CAMBRIDGE, Mass. (Tuesday, March 26, 2013)

WageWorks, Inc. (NYSE: WAGE), a leading provider of Consumer‐Directed Benefits (CDBs), such as pretax accounts for health, commuter and other employee benefits, and the provider of TransitChek® commuter benefits, has teamed up with Zipcar, Inc., the world's leading car sharing network, to provide participants with discounted rates on Zipcars during the work week, making it easy and cost-effective for commuters to access a vehicle when they need one.

 

"We believe everyone deserves an easier and less expensive commute, and this partnership with Zipcar is one more way we’re going to be able to deliver on our commitment to save people money on transportation," said Dan Neuburger, president of WageWorks Commuter Services. "This alliance is the perfect complement to our commuter benefit program as it provides commuters who use public transportation easy access to a car at discounted rates when and where they need it during the work week."

 

The new program allows WageWorks and TransitChek clients’ employees who are not already Zipcar members to enjoy Zipcar membership benefits and save with a waived application fee, as well as a discounted annual membership fee and discounted rates on weekday driving. New members will also receive driving credit to put toward their first Zipcar reservation. WageWorks and TransitChek clients’ employees who are already Zipcar members also get to take advantage of the discounted rates on weekday driving. WageWorks and TransitChek clients who are interested in learning more about the program or joining Zipcar can visit www.zipcar.com/wageworks.

 

Zipcar will promote TransitChek commuter benefits to its Zipcar for Business members. With a TransitChek commuter benefits program participating employees can use pretax dollars to pay for their commute—helping them save on taxes and leaving them with more money in their pocket. Zipcar for Business is Zipcar’s business transportation solution, which offers companies and their employees low weekday rates and annual fees. Although Zipcar membership does not qualify for pretax commuter benefits, this program will enable WageWorks customers to save money on yet another commuter-related service. Those interested in learning more about TransitChek commuter benefits can visit www.transitchek.com/lp/zipcar.

 

"With Zipcar and WageWorks, companies can provide their employees the convenience of having a car at work for whenever they need it at a fraction of the cost," said Zipcar President Mark Norman. "The TransitChek commuter benefit program and Zipcar for Business is a win-win solution which will offer employees easy access to vehicles at discounted prices during the work week, while helping to reduce company and employee transportation expenses."

 

Zipcar has a presence in 16 metropolitan markets in the United States. Zipcar members reserve online or via their smartphone app, and within minutes can reserve, unlock and drive. Gas, insurance and up to 180 miles of driving per day are included with every Zipcar reservation. Available on an hourly, overnight or daily basis, Zipcars come in a variety of models from hybrids, sedans to SUVs.

 

About Zipcar

Zipcar is the world's leading car sharing network with more than 777,000 members and nearly 10,000 vehicles in urban areas and college campuses throughout the United States, Canada, the United Kingdom, Spain and Austria. Zipcar offers more than 30 makes and models of self-service vehicles by the hour or day to residents and businesses looking for an alternative to the high costs and hassles of owning a car. Zipcar is a subsidiary of Avis Budget Group, Inc., a global leader in car sharing and vehicle rental services. More information is available at www.zipcar.com.

 

Press Contact:

Colleen McCormick
Zipcar Public Relations
617-336-4342
cmccormick@zipcar.com

 

About WageWorks

WageWorks (NYSE: WAGE) is a leader in administering Consumer-Directed Benefits (CDBs), which empower employees to save money on taxes while also providing corporate tax advantages for employers. 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 58,000 employers and approximately 4.5 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.

For more information, contact:

Cathy Corwin

Office: 1-781-966-4152

media@wageworks.com