Was good while it lasted, but they do not care about you - Anonymous employee HealthEquity Inc. Employee Review

2.0
May 28, 2025
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Coworkers are great, everyone is in it together. Always happy to collaborate. The benefits are also a pro. Used to be an absolutely fantastic place to work under the previous executive leadership.

Cons

Since getting new executive leadership, there has been 3 rounds of layoffs that have absolutely gutted a lot of corporate departments in favor of outsourcing a lot of the roles. These 3 rounds have occured since the beginning of this year. In the middle of this, 60 people (with executive leaders) went to DC while everyone else was told to spend no more money and that budget was null- and then posted all over social media about it while dozens of "Looking for Work" posts on LinkedIn popped up. They preach how "purple" they are, but they do not actually care about you whether you've been there for one year, five years, ten years, or fifteen years. The company isn't even doing poorly. Unfortunately, at the end, you learn that to them you were just a number- even if you were part of what made them so great in the first place.

avatar
HealthEquity Inc. Response
11mo
Thanks for taking the time to share your thoughts. We’re glad to hear you had a strong connection with your coworkers. That kind of collaboration and support is something we’re proud of. At the same time, we know recent changes have been tough. Shifting strategies and priorities can create uncertainty, and while decisions like outsourcing and restructuring are never easy, they’ve been made to position us for long-term success. We recognize that not everyone will agree with every move we make. But we’re staying focused on building a strong future and supporting our teams as best we can along the way. Wishing you the best in what’s next.

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.

See reviews by: Helpful|Rating|Date|All