Is HealthEquity Inc. a good company to work for?

HealthEquity Inc. has an overall rating of 3.2 out of 5, based on over 980 reviews left anonymously by employees. This rating has decreased by 13% over the last 12 months. 53% of employees would recommend working at HealthEquity Inc. to a friend and 53% have a positive outlook for the business. The best reviews about HealthEquity Inc. have been left by employees working as Business Analyst , Client Service Representative and Service Delivery Manager .

Does HealthEquity Inc. pay their employees well?

According to anonymously submitted Glassdoor reviews, HealthEquity Inc. employees rate their compensation and benefits as 3.4 out of 5. Find out more about salaries and benefits at HealthEquity Inc.. This rating has decreased by 12% over the last 12 months.

How satisfied are employees working at HealthEquity Inc.?

53% of HealthEquity Inc. employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated HealthEquity Inc. 3.5 out of 5 for work life balance, 3.3 for culture and values and 3.0 for career opportunities.

What are the top reviewed jobs at HealthEquity Inc.?

Member Service Representative (41) , Customer Service Representative (28) , Service Delivery Manager (28) , Manager (25) , Member Service Specialist (20) , Member Services Specialist (20) , Senior Software Engineer (18) , Implementation Manager (13) , Director (12) , Member Services Representative (12) , Analyst (11) , Client Service Representative (11) , Software Engineer (11) , Business Analyst (10) , Member Service Representative II (9)

What are the pros of working at HealthEquity Inc. according to real employee reviews?

"Great benefits and the company is well diverse." ((in 120 reviews)); "Great people and a good company that truly believes in its product." ((in 49 reviews)); "Great team members" ((in 40 reviews)); "Pay was great" ((in 38 reviews)); "Good Work/Life Balance" ((in 32 reviews))

What are the cons of working at HealthEquity Inc. according to real employee reviews?

"They show their "purple culture" through constant layoffs." ((in 22 reviews)); "Awful managers." ((in 14 reviews)); "The culture is probably gone for good and communication with upper management is nonexistent." ((in 12 reviews)); "The content we go over needs at minimum 6 weeks of training." ((in 11 reviews)); "training is definitely valuable, but it would be even better if we received additional compensation for taking on these extra responsibilities." ((in 8 reviews))

What are employees saying about HealthEquity Inc. layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about HealthEquity Inc. layoffs and their outlook for job security at HealthEquity Inc. in 2026.

What are the top reviewed HealthEquity Inc. locations?

Draper , Irving , Salt Lake City , Dallas , Tempe , Louisville , Milwaukee , Phoenix , Price , San Mateo , Atlanta , Lehi , Sandy , New York , Houston , Seattle , South Jordan , Richfield , Kansas City , Mesa , Celina , Texas City , San Diego , San Francisco , Parker , Miami , Alpharetta , Utah , Dallas-Fort Worth , Cleveland

HealthEquity Inc. reviews

3.2

53% would recommend to a friend

(948 total reviews)

Scott Cutler

33% approve of CEO

53% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

HealthEquity Inc. has an employee rating of 3.2 out of 5 stars, based on 948 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

948 reviews

5.0

Apr 1, 2016

Awesome, awesome company!

Worked on the people team

Recommend

CEO approval

Business Outlook

Pros

Exciting company to work for, and exciting time to be with them. They are growing and seeing lots of success. HealthEquity makes it a priority to reward its team members for their contributions, and has generous company bonuses and incentives. There are many opportunities for advancement, or lateral movement, for those who want to explore in their career; they truly reward those who demonstrate their abilities and commitment to the company. I got to see the "heart" of the company working on the HR team, and they honestly care about each team member (employee). It was awesome to see how decisions were made, and how much thought and concern goes into making sure the team members are taken care of and the company culture is preserved. Also, their Total Compensation / Benefits package is fantastic!!! Overall, the people who work at HealthEquity are driven, motivated, positive, and very friendly. The office space is new and beautiful.

Cons

As with any company in growth-mode, you must be ready to wear many hats and adapt to the changing business needs. And move your desk, possibly a few times, if needed! Only other con I can think of was the commute, as they are located in Draper/Lehi area, and I was driving from north of Salt Lake City.

HealthEquity Inc. Response

10y

Thank you for your review of HealthEquity on Glassdoor. We appreciate hearing from our team members to best create a positive working environment. The growth of the business can be very rewarding and engaging but can come with challenges on 'many hats' and of course, the emails... We strive to achieve balance with the work/life and the needs of the business. Hearing from our team can best set us up for success in this area. Thank you for your contributions to the team.

3.0

May 19, 2015

Sr Project Manager

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Fun, friendly, 'Purple' environment. Great friends and the company does lots of things to make you feel valued.

Cons

Some managers are extremely unprofessional and treat coworkers and subordinates horribly. Great if you get the good leader - awful if you end up with the bad.

HealthEquity Inc. Response

10y

Thank you for your review of HealthEquity on Glassdoor. While I am disappointed to hear about your experience with us, I appreciate your candor in doing so. Leadership is critical to the success of the team member and the success of the company overall. HealthEquity is fortunate to have some of the best team members and leaders around but we also understand that we have plenty of areas of opportunity and development. We are able to best grow and improve through productive, candid feedback so thank you for your review. We will take this into consideration as we work with our leadership group.

3.0

Feb 21, 2015

Great culture but certain departments are not great to work for

Account manager

Recommend

CEO approval

Business Outlook

Pros

culture and great people. We get fed lunch

Cons

the partner services team is extremely stressful and you're expected to work around the clock including when your on pto. Also lack of leadership support

HealthEquity Inc. Response

11y

Thank you for your comments on Glassdoor regarding HealthEquity. We appreciate hearing team members comments such as these as this allows us to work together to propose and implement solutions. We have, and will continue to make enhancements regarding our organizational structure and workload to best support the Partner needs as well as the team members'. Thank you for your contributions to the team.

Viewing 100 - 102 of 948 Reviews

Jobs at HealthEquity Inc.

Intern - Public Policy and Government Affairs

Member Service Specialist I

Sr Third Party Risk Analyst (TPRM)

Manager, Data Program Management