WageWorks Offers Transit Benefit Program to Park Tenants

WageWorks, the first company to offer a total pre-tax solution addressing the needs of employers, employees, and transportation providers, is offering a special price to all Hacienda companies interested in their pre-tax commute benefits packages.

Hacienda has negotiated a special price from WageWorks for all businesses at Hacienda - not just for their Hacienda location, but for all locations nationwide. Employees can purchase transit passes, parking and van pool services on a payroll deducted basis using pre-tax dollars that are not subject to Federal, State, Local or FICA taxes. Passes are mailed directly to the employees' home.

During this special promotion, whether your entire organization employs 50 people or 5,000 people (or more), you can sign up for WageWorks at the special discounted price of $6 per participant per month instead of the standard rate of $6.50. In addition, set-up, implementation, and all the marketing materials you need are included at no cost. (For companies with less than 1,000 employees, a nominal $250 set-up fee is charged - a substantial discount from the normal fee of up to $2,000.)

The WageWorks program offers a number of benefits. Employees save up to 40% on commuting and parking costs by using pre-tax dollars and companies save money with lower overall payroll taxes.

Call WageWorks directly, toll-free at 877-WAGEWORKS for more information. You may also go online at www.wageworks.com and see for yourself how easy it is to save money by using pre-tax dollars for your commute. Sign up prior to January 1, 2002, and mention "Hacienda" to receive the special rate.

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