HealthEquity Inc. reviews

3.2

53% would recommend to a friend

(947 total reviews)
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Scott Cutler

33% 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
3.0
Jul 1, 2025

Company going down

Recommend
CEO approval
Business Outlook

Pros

Good medical benefits, incentives for additional HSA Contributions, PTO accrued a quickly, summer time a lot of VTO

Cons

Company no longer taking accountability Letting the front line - member & client specialist deal with the repetitive angry people Pressuring us to hit certain numbers other wise your annual bonus is gone Oh and took away monthly bonus Lastly they make you no longer take accountability as a whole company of any mistakes because we do not notify ANYONE of issues until the issue is happening or becoming a trend You will get stuck in the same position

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HealthEquity Inc. Response
10mo
We’re glad you’ve found value in the benefits and time-off policies. We know how hard this work can be, especially when challenges arise without clear communication or support. We're working to improve how we surface issues, communicate proactively, and recognize the effort it takes to deliver a strong member experience. Supporting our front-line teams is critical to our success, and your feedback helps guide where we need to do better.
3.0
Jul 1, 2025

Noble mission, low morale

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Everyone believes in the mission to save and improve lives by empowering healthcare consumers.

Cons

Top priority initiatives change often, creating confusion and waste.

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HealthEquity Inc. Response
10mo
Thanks for highlighting the shared commitment to our mission—that belief is what drives our work every day. We know shifting priorities can create confusion, and we’re working to bring more focus and clarity to how we set and communicate direction, so teams can move forward with confidence and impact.
3.0
Jun 16, 2025
Recommend
CEO approval
Business Outlook

Pros

Working from home is very nice, and what little is left of the purple culture.

Cons

I have been with this company for a year and a half, and unfortunately, my experience has only led to increasing disappointment. When I first started, I thought the challenges were just part of being new and navigating the learning curve. However, I've come to realize that this seems to be the daily operation — a constant struggle with unclear processes and shifting expectations. Navigation within internal teams is a nightmare. Processes frequently change week to week without any communication, making it incredibly hard to do my job effectively. Most colleagues just want to pass the buck and close cases internally, which inevitably results in a poor experience for our clients. The company has faced significant backlash from members, clients, and partners, especially following last year's security incident. The rollout of the new card was handled poorly.. whoever was responsible for that disaster should be held accountable. Client facing teams are under immense pressure and backlash due to what appears to be a lack of strong leadership and transparency. The recent layoffs, which have been communicated with little clarity, only add to the feeling of instability and mistrust. I was hopeful this could be a long-term home, but I no longer feel aligned with the company's values. Despite boasting about record breaking Q1 results, the morale and trust are pitiful. I suspect the numbers look less impressive after the layoffs. The leadership could do much better by focusing on supporting the employees doing the real work rather than tolerating managers who are often unavailable and offer little value. We're all exhausted, fed up, and the promised “transparency” feels hollow.

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HealthEquity Inc. Response
10mo
Thank you for taking the time to share your experience. We know feedback like this comes from a place of wanting things to be better, and we take that seriously. The last year has brought real challenges—some of which have tested both our systems and our culture. While we’ve made difficult decisions in service of long-term stability, we know they’ve created uncertainty for many. We’re actively working to strengthen communication, clarify processes, and better support the teams doing the critical day-to-day work. We’re committed to rebuilding trust by staying focused on what matters: delivering for our members, supporting our people, and grounding every step we take in our values.
Viewing 64 - 66 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.