Is HealthEquity Inc. a good company to work for?

HealthEquity Inc. has an overall rating of 3.2 out of 5, based on over 981 reviews left anonymously by employees. This rating has decreased by 12% over the last 12 months. 52% of employees would recommend working at HealthEquity Inc. to a friend and 52% 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 3.3 out of 5. Find out more about salaries and benefits at HealthEquity Inc.. This rating has decreased by 11% over the last 12 months.

How satisfied are employees working at HealthEquity Inc.?

52% 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 2.9 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) , Member Services Representative (13) , Director (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 131 reviews)); "Great people and a good company that truly believes in its product." ((in 54 reviews)); "Pay was great" ((in 37 reviews)); "Great team members" ((in 36 reviews)); "Good Work/Life Balance" ((in 34 reviews))

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

"They show their "purple culture" through constant layoffs." ((in 19 reviews)); "Awful managers." ((in 15 reviews)); "average salary compensation and lack of pay transparency" ((in 12 reviews)); "The content we go over needs at minimum 6 weeks of training." ((in 11 reviews)); "Upper management has lost touch with the front line workers." ((in 11 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

52% would recommend to a friend

(949 total reviews)

Scott Cutler

30% approve of CEO

52% 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 949 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

949 reviews

5.0

Dec 4, 2024

Great Purpose and great culture

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

People and Culture. 100% Remote

Cons

HQY is moving at pace and changing rapidly.

4.0

Nov 25, 2024

Good company to work for

Relationship manager

Recommend

CEO approval

Business Outlook

Pros

Fully remote. Good pay compared to there companies.

Cons

Lack of work life balance. It is encourages, but if you take it your work will suffer.

HealthEquity Inc. Response

1y

Thank you for taking the time to share your feedback! We’re glad to hear you appreciated our remote benefits and competitive compensation package. However, we’re sorry to learn that you felt unsupported in achieving a healthy work-life balance. Your feedback is valuable, and we will share it with our leadership team as we strive to improve. Wishing you all the best in your next role!

3.0

Nov 22, 2024

Great Product, Political Culture

Operations

Recommend

CEO approval

Business Outlook

Pros

HSA product is best of class. They have a great business model with diversified revenue streams. Good benefits.

Cons

Many teams are very political. Culture often pits one team against another. I was actually told at one time that I got along too well with my peers - the senior leader who said this to me wanted me to create conflict rather than find collaborative ways to address issues. (That senior leader is no longer with the company, so I give credit for that.) Pay was below market averages, but equity grants were generous.

HealthEquity Inc. Response

1y

Thank you for taking the time to share your thoughts! First and foremost, we deeply appreciate the contributions you made during your time at HealthEquity. We take pride in our product and its power to make a meaningful difference in people's lives. We’re sorry to hear about your negative experience with a senior leader. We encourage open dialogue and hope you were able to share this feedback with your People Business Partner before departing. Fostering collaboration and celebrating our people are core to our values, and we remain committed to those principles. Wishing you all the best in your future career endeavors!

Viewing 127 - 129 of 949 Reviews

Jobs at HealthEquity Inc.

Member Service Specialist I

Regional Sales Executive

Sr Third Party Risk Analyst (TPRM)