WageWorks overview

WageWorks takes work off your desk-managing Consumer-Directed Benefits (HSA, FSA, HRA, COBRA and other lifestyle employee benefits) in one place,...
The staff at WageWorks come from unusually diverse demographic backgrounds. The company is 51.0% female and 39.7% ethnic minorities. Even though it has great demographic diversity, WageWorks notably lacks in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 90.9%. Despite having coworkers who agree with each other about politics, employees at WageWorks tend to have relatively short tenures. Staff members usually stay with the company for 2.1 years. The average employee at WageWorks makes $49,705 per year. Pay at WageWorks is significantly lower than some of its highest paying competitors, like Benefitfocus, Aon Consulting Worldwide, and Cigna, which pay $77,466, $73,494, and $67,511, respectively.
A large professional company with 1,958 employees and an annual revenue of $434.9M, WageWorks is headquartered in San Mateo, California.

The Organization’s Mission

To simplify benefit administration and make it as efficient and as effective as possible.

Industry

Insurance

Revenue

$434.9M

Employees

1,958

Founded in

2000

Headquarters

San Mateo, CA

Website

wageworks.com

Organization Type

Public

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The team at WageWorks

Key People
  • Edward Nafus (Director)
  • Richard Berkeley (Director)
  • Bruce Bodaken (Director)
  • Leigh Michl (Director)
  • Kimberly Jackson (Executive Officer)
  • John Larson (Director)
  • Joseph Jackson (Executive Officer, Director)
  • Jerry Gramaglia (Director)
  • Mariann Byerwalter (Director)
  • Rich Green (Executive Officer)
  • Thomas Bevilacqua (Director)
  • Edgar Montes (ceo)

The Culture At WageWorks

Information provided by the company
We love what we do and are passionate about delivering Consumer-Directed Benefits that save people money and enrich their lives.
Overall, our management team is passionate about our people and our customers and are looking for someone that does not shy away from a challenge and is a true partner that can be counted on.
We are dedicated to making our team and the company succeed, and we are open, honest, ethical and conscientious, as we deliver on our commitments.
HealthEquity is fiercely focused on hiring passionate individuals to contribute to our purple culture.
If you're looking for a career that provides plenty of growth opportunities, responsibility, and interesting challenges to tackle, you will find it here.

WageWorks Rankings

WageWorks is ranked #22 on the Best Insurance Companies to Work For in California list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

WageWorks Salaries

How much does WageWorks pay?
The national average salary for a WageWorks employee in the United States is $49,705 per year. Employees in the top 10 percent can make over $93,000 per year, while employees at the bottom 10 percent earn less than $26,000 per year.
8.4
Salary Score
Average Employee Earnings

WageWorks Salaries By Job Title

While WageWorks employees earn an average yearly salary of $49,705, different roles can command different wages. The higher paying positions at WageWorks include National Account Executive, Implementation Manager, Account Manager, and Finance Analyst-Operations Finance. A typical National Account Executive salary at WageWorks is $97,153. To get a better sense of the salaries at WageWorks, other roles such as Cashier and Customer Service Agent can be considered as well. For comparison, the title Cashier at WageWorks earns $25,032 per year.

WageWorks careers

On average, employees at WageWorks stay with the company for 2.1 years. Employees most commonly join WageWorks after leaving Walmart. When they leave WageWorks, they most frequently get their next job at UnitedHealth Group.

Average Length of Employment
Cigna3.6 years

WageWorks

2.1 years
Benefitfocus1.5 years
Top Employers Before WageWorks
Walmart10.5 %
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Top Employers After WageWorks
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WageWorks Financial Performance

8.1
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$100M - $1B

Founded in

2000

Organization type

Public

WageWorks Financing Rounds

DateAmountSecurity Type
Jun 7, 2011Debt
Jun 7, 2011
$40,000,000
$40,000,000
Debt
Debt

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WageWorks Subsidiaries

Subsidiaries to WageWorks include Benefit Concepts. Employees at the parent company, WageWorks, earn $49,705 whereas employees at Benefit Concepts earn $55,591, on average.
Company
Average Salary

WageWorks Competitors

Some of the competitors of WageWorks are Benefitfocus, Aon Consulting Worldwide, and Cigna. The average salaries at Benefitfocus rank the highest, with their employees earning an average salary of $77,466 per year. Employees at Aon Consulting Worldwide earn an average of $73,494 per year, and the employees at Cigna earn an average salary of $67,511 per year.

Frequently Asked Questions about WageWorks

When was WageWorks founded?

WageWorks was founded in 2000.

How many Employees does WageWorks have?

WageWorks has 1,958 employees.

How much money does WageWorks make?

WageWorks generates $434.9M in revenue.

What industry is WageWorks in?

WageWorks is in the insurance industry.

What is WageWorks's mission?

WageWorks's mission statement is "To simplify benefit administration and make it as efficient and as effective as possible."

What type of company is WageWorks?

WageWorks is a public company.

Who are WageWorks's competitors?

WageWorks competitors include Cigna, Key Benefit Administrators, Benefitfocus, United Concordia Companies, Benefit Concepts, AmeriBen/IEC Group, Fringe Benefit Resources, CoreSource, POMCO, The Warranty Group, EMPLOYEE BENEFIT MANAGEMENT, Keystone Health Plan East, USAble Life Insurance Co., Aon Consulting Worldwide, Medical Mutual of Ohio, Amalgamated Life Insurance Company, EMI Health, Computershare, Claims Administration, Trustmark.

Who works at WageWorks?

Edward Nafus (Director)

Richard Berkeley (Director)

Bruce Bodaken (Director)

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Zippia gives an in-depth look into the details of WageWorks, including salaries, political affiliations, employee data, and more, in order to inform job seekers about WageWorks. The employee data is based on information from people who have self-reported their past or current employments at WageWorks. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of WageWorks and its employees or that of Zippia.