Was once a great place to work, not anymore. - Anonymous employee HealthEquity Inc. Employee Review

2.0
Apr 11, 2020
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The department I was in when I started at HealthEquity was flat out awesome. The camaraderie, emphasis on working together, and extreme ownership made a department that was awesome to work in. The work/life balance was awesome, management was honest, and benefits were phenomenal. The entire company was true to its purple culture and emphasized it in every corner of your day to day business. Even when faced with difficulties or high workload, you got whatever support you needed to do your job.

Cons

I had no cons with my position other than extremely mundane issues until the WageWorks acquisition occurred. With this acquisition the department I was in had a big reorganization that led to some WageWorks management taking control of my department. What seemed at first as just simple misunderstandings due to the difference in cultures gave way to constant gaslighting. WageWorks management had a our way or the highway attitude towards approaching problems and treated my department as though we were just another company they had acquired. No matter how often we were promised things would improve, things only got worse and the work increased without any promised help. The promises were constant, but deadlines were never hit and nobody wanted to own up to failing on delivering. On top of this no HealthEquity employees received any promotions after the reorganization in my department. In fact many were demoted whereas our WageWorks equivalents were promoted across every department. With the placement of a glass ceiling in my department came the destruction of work/life balance, WageWorks leadership never replying to issues presented to them, and the disappearance of HealthEquity's purple culture. It was these multiple factors that drove me to leave HealthEquity.

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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