TriNet Announces Successful Addition of
Pre-Tax Commuter Benefits to Suite of Outsourced HR Services
SAN LEANDRO, CA. (April 29, 2002) TriNet, a single-vendor solution for online and in-person benefits, payroll, and human resources (HR), announced today that it has successfully launched a transit and parking benefits program for its customers. Offered to companies in all fifty states, the program is being facilitated by WageWorks, TriNet's customer and strategic partner.
The program enables TriNet customers to slash their out-of-pocket transportation costs by purchasing commuter benefits with pre-tax dollars. In addition to cost savings, the program provides convenient web or phone enrollment and free home delivery of transit passes.
"We looked at several different commuter programs and it was clear that WageWorks provided the most comprehensive and web-enabled solution," said Greg Hammond, TriNet's Executive Vice President of Strategic Development. "When TriNet looks to expand its menu of outsourced HR services, we often find the right partner within our own customer base—which is composed of innovative companies with outstanding product offerings."
"TriNet is one of the most experienced and technologically advanced players in the HR outsourcing industry," said Tim Danison, Senior Vice President of Business Development at WageWorks. "The addition of a nationwide commuter benefits program is another example of TriNet's ability to improve the work/life balance for its customers."
The commuter program provides additional richness to TriNet's benefits package, which is already comparable to those offered by Fortune 500 firms. Customers only need an Internet connection to participate; they can sign up via TriNet's secure portal, HR Passport™. The portal also offers access to multiple self-service features for authorized managers and employees.
About WageWorks, Inc.
WageWorks is the leading provider of health, dependent care and transportation spending account administration programs for corporate and government human resource organizations. WageWorks provides an easy and cost-effective way for employees to pay for essential benefits through fully-compliant, high-utilization programs that enhance job satisfaction, and provide quantifiable and measurable results with bottom line savings for their employers. For more information, visit www.wageworks.com, email WageWorks at info@wageworks.com, or call 877-WageWorks (877.924.3967).
About TriNet Group, Inc.
Founded in 1988, TriNet (www.trinet.com) delivers comprehensive human resource services to small and medium-sized companies. Its offerings include human asset administration, employer risk management, online HR services and support, payroll processing, tax compliance, workers' compensation, group health and welfare products, and strategic human capital consulting services throughout the United States and Canada. More than simply an HR services provider, TriNet contractually assumes certain legal and financial responsibilities regarding employer rights, legal compliance and risk management.