Schwab offers a Commuter Tax Savings Plan, administered by WageWorks®, which allows employees to pay for public transportation using pre-tax dollars. In parts of the country, Schwab is aggressively implementing a Trip Reduction Program to discourage individual car use and encourage employees’ use of alternate modes of transportation.

Other commuting measures include:

• Guaranteed Ride Home (paid cab ride home for unplanned emergencies)
• Preferential parking for carpools and vanpools
• Bike parking
• Support of Annual Bike to Work Day
• Employee Commuter Alternative Awareness Fairs
• Employee telework opportunities for qualified employees