Great culture, problematic compensation policies. - Devops Engineer HealthEquity Inc. Employee Review

4.0
Nov 14, 2016
Recommend
CEO approval
Business Outlook

Pros

The culture is fantastic, and the company promotes a healthy work and life balance. Leadership teams express real interest in what makes their teams' lives better when coming to work.

Cons

Unfortunately, just due to the current code release cycle and style of the development teams, the technology department fights fires more than prevents them. HR also has a strict 10% pay increase cap, so tenured workers typically make significantly less than new hires.

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HealthEquity Inc. Response
9y
Thank you for your review of HealthEquity on Glassdoor. You bring up a great topic on competitive compensation, and I would encourage you to talk more with your leader and/or the People Team to ensure you feel supported in this topic. HealthEquity has a pay for performance compensation philosophy, and we are continually looking to get more market data to support this comp philosophy. The 10% cap mentioned is more historical and was not intended to be a hard and fast cap as competitive compensation needs a balance of both the art and science behind compensation. We are actively seeking to be more transparent in our comp approach - and your voice helps us better achieve this. Thanks again for the insights and look forward to your contributions to HQY.

Explore other reviews about HealthEquity Inc.

5.0
Jun 2, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Opportunity to be an owner. The evolution of the strategy is super exciting. AI forward.

Cons

HSAs aren't yet available to all.

5.0
May 19, 2026
Recommend
CEO approval
Business Outlook

Pros

From the very beginning, the experience felt welcoming, thoughtful, and well organized. The recruitment process was smooth and informative, and every interview felt like a genuine opportunity to have real conversations and build meaningful connections. The team was incredibly supportive throughout both hiring and onboarding, which made the transition feel seamless. A great example of the company’s culture is Trailhead, an experience designed to bring new hires together early on and help them connect, learn, and feel part of the organization right away. It’s clear there is a lot of intention behind how employees are supported, especially when it comes to building connection from day one.

Cons

Still early in my time here, but no major cons to note so far.

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