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Ambrose Employer Group Partners With
WageWorks to Deliver Commuter Benefits Programs
NEW YORK, NY- April 8, 2002 - Ambrose Employer
Group, LLC, a professional employer organization ("PEO")
providing human resources, payroll, benefits services, and HR information
systems to small and mid-size companies, today announced that Ambrose
clients can now take advantage of WageWorks CommuteEssentials, a
pre-tax transit and parking benefit program that allows employers
and employees to save time and money. WageWorks, the number one
provider of commuter benefits nationwide, saves participants hundreds
or even thousands of dollars a year on their daily commuting costs
by paying for these expenses on a pre-tax basis.
WageWorks commuter benefits program provides a
convenient and automatic way for employees to take advantage of
pre-tax savings on transit and parking expenses. The program allows
employees to make direct purchases of transit passes online for
home delivery and provides for the direct payment of parking garage
expenses with all funds being automatically deducted from an employee's
wages through the Ambrose payroll system. The seamless integration
between Ambrose and WageWorks makes the process completely paperless
for employees and effortless for Ambrose clients. Together, Ambrose
and WageWorks have taken the hassle out of offering a commuter benefit
program.
"WageWorks pre-tax commuter benefit program
is a great addition to our services platform," says John
Iorillo, Co-CEO of Ambrose Employer Group. "Despite the
savings employees enjoy under commuter benefit programs, companies
have been slow to adopt these programs due to the amount of enrollment
and purchase paperwork involved and the effort it takes to coordinate
payroll and effectively distribute transit checks and passes. We
have solved these problems and made the program easy for employees
and clients."
"WageWorks is happy to be working with Ambrose
Employer Group to provide its client employers with the best transportation
benefits available," said Tim Danison, Senior Vice President
of Business Development at WageWorks. "Our relationship with
Ambrose Employer Group allows WageWorks to provide a unique benefit
to small employers in the same convenient, cost-effective manner
as we do with our larger employers."
About WageWorks
WageWorks is the number one provider of commuter benefits nationwide.
WageWorks provides an easy and cost-effective way for employees
to pay for commuter benefits through fully compliant, high-utilization
programs that enhance job satisfaction, and provide quantifiable
and measurable results with bottom line savings for their employers.
Led by one of the most experienced management teams in the benefits
industry, the company was founded in January of 2000. WageWorks
is headquartered in San Mateo, California, with offices in New York,
Chicago, and Washington, D.C. For more information, please visit
the Website at www.wageworks.com
or email info@wageworks.com,
or call 877.WAGEWORKS (877. 924.3967).
About Ambrose Employer Group, LLC
Ambrose Employer Group, LLC is a professional employer organization
("PEO") providing human resources, payroll, benefits services,
and HR information systems to small and mid-size companies. Ambrose
provides health and dental coverage, 401(k) plans, payroll processing,
workers' compensation coverage, flex spending accounts, a host of
other employee benefits, and regulatory and administrative services.
Founded in 1997, Ambrose serves clients in 36 states, including
corporate spinouts, venture backed companies, financial service
firms, and business service firms. Ambrose has offices in New York
City, Mountain View, California, and Boston, Massachusetts. Additional
information about Ambrose is available by visiting www.ambrosegroup.com.
Contact:
Jim Reed
WageWorks
650.373.2900 ext. 242
jim.reed@wageworks.com
Jonathan Goldin
Ambrose Employer Group, LLC
212-847-2409
jgoldin@ambrosegroup.com
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