HealthEquity Inc. reviews

3.2

53% would recommend to a friend

(947 total reviews)
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Scott Cutler

31% approve of CEO

53% positive business outlook

HealthEquity Inc. has an employee rating of 3.2 out of 5 stars, based on 947 company reviews on Glassdoor which indicates that most employees have a good working experience there. The HealthEquity Inc. employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

947 reviews
1.0
Nov 15, 2021

What color does purple and orange make?

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Some bad leaders have left but too many still remain

Cons

Got fed up seeing someone respond to these Glassdoor reviews with "talk to leaders or the HR team" as I know no good comes of it. I promise you are best served to keep your head down, mouth shut, until you find a new job. Heart and soul is gone. Corporate mistakes through senior leadership disconnect as well as legal and HR red tape.

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HealthEquity Inc. Response
4y
Thank you for your review of HealthEquity on Glassdoor. I'm sorry your experience hasn't been the purple experience that we strive for. Your advice is well received, and thank you for providing this feedback that can only help us improve the team member experience!
1.0
May 12, 2025
Recommend
CEO approval
Business Outlook

Pros

Talented and hard working peers. Great teams, product managers, and direct managers.

Cons

Dozens of team members were blanket-rated poorly (2/5) after the CTO received negative feedback—regardless of individual performance or contribution. Bonuses revoked and raises denied across the board, despite many meeting or exceeding expectations. Team members directly involved in project failures were let go, while the senior leadership responsible for repeated mismanagement faced no consequences. Culture of fear, blame-shifting, and top-down decision-making with little transparency. Good people are leaving, and leadership seems unfazed.

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HealthEquity Inc. Response
1y
Thank you for your candid feedback. We’re proud of the incredible talent and collaboration across our teams, and it’s clear you experienced that firsthand. We also hear the concerns you’ve shared. Change can be difficult, especially during times of transformation. These changes are part of a broader effort to scale our capabilities and position the business for long-term growth and success. We want to be clear: our senior leaders are held accountable for the performance and health of their organizations. Also, no bonuses or merit increases that were previously awarded have been revoked. Annual compensation decisions as to raises and bonuses reflect each team member's performance at the time of the review. We are actively working to build a culture rooted in accountability, transparency, and continuous improvement—at every level. We know we’re not perfect, but we’re committed to doing better and ensuring our actions reflect the values we stand for. Thank you for being part of that journey.
1.0
Dec 22, 2021
Recommend
CEO approval
Business Outlook

Pros

HSA match for employees is great. Able to continue working from home.

Cons

The client facing departments play hot potato because no one knows what department is supposed to do what. Employees that have been here since before the WW acquisition are treated like we are yesterdays news paper put on the floor for the new puppy (current acquisition) Burn out is completely being ignored and constantly being told to “Be Purple”

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HealthEquity Inc. Response
4y
Thanks for your candid review. It sounds like your experience is not what we strive to provide here at HealthEquity. We're sorry you don't feel valued and hope you take the opportunity to talk to your leaders and our People Team so we can best support you at HealthEquity.
Viewing 4 - 6 of 947 Reviews

Glassdoor has 979 HealthEquity Inc. reviews submitted anonymously by HealthEquity Inc. employees. Read employee reviews and ratings on Glassdoor to decide if HealthEquity Inc. is right for you.