HealthEquity Inc. reviews

3.2

52% would recommend to a friend

(949 total reviews)
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Scott Cutler

30% approve of CEO

52% positive business outlook

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
1.0
Oct 4, 2024
Recommend
CEO approval
Business Outlook

Pros

Fully, truly remote. Nothing else.

Cons

It has all the hiccups of being a startup...except there's no reason to because it's like 40 years old. The training (if you can even call it training) is a joke and does not cover hardly anything you deal with on a day-to-day basis. The ongoing training is even more laughable. There are changes made literally everyday that we are required to familiarize ourselves with and implement- but when? Certainly not while taking back-to-back calls because this place is chronically understaffed. ...Or because the higher-ups like to make random changes that mess everything up? Possibly the crazy amount of fraud going on. I'm not sure why there's always hundreds of callers in queue everyday. It's impossible to keep anything straight and they sit there waiting for you to slip up. Now I will admit you need help, they DO provide a question line...but they don't always know how to help- aaaand guess what? You get punished for using it! Never in my life have I ever worked for a company that is so eager to punish it's employees! With all you have to put up with and learn, you hardly have time to breathe. But do they pay you more for handling more responsibilities? NO! You get the same amount of pay for double and triple the amount of work. They expect us to solve problems totally blind and with both hands tied behind our backs. I feel bad because a lot of times the most I can do is send a case... The company encourages lack of communication between departments and the scr*wing over of their own customers. There is a push to get cases closed- and they push so hard they end up not even getting resolved because everyone's scrambling to get cases out of their queue. Then the members call in furious that its been weeks and nothing has been resolved. And we're stuck scrambling trying to figure out what to say as to why their case was closed with no resolution. We absolutely cannot tell the truth because we got emails tellling us to stop passing the buck. So pretty much get yelled at for the companies failures and make sure the members still think highly of us. Making everything everyone else's problem seems to be the official company motto. Guess what? It doesn't even matter what we say, people are smart enough to tell when a company is not honest or remarkable. So with all of the stress you suffer, why not try ro take a vacation? Well....because PTO is NEVER approved! You also aren't ever allowed to get sick- even though cold and flu and covid season is a thing. They are taking away bonuses. And the benefits are atrocious for it to be a benefits company. I guess it just goes to show how many ways they can think of to cr*p on the little guy. Now let me complain about how they give us the WORST equipment on the planet. Hardware, software- everything is constantly breaking. It hurts our stats whenever we are not taking calls but they don't help us out by excusing system issues or giving us computers that actually function. You can even call service desk for tech help (you gave me the cheap computer, you see I'm trying to get help for it but yet I'm still in trouble for not taking calls) another example of the lack of communication within the company. The customers feel it too. Dont bother bringing up issues to anyone in charge because, literally, no one cares- they just tell you to be more positive. Every morning that I wake up and have to clock in, I cry. That gets me nowhere so maybe I should try some of this positivity stuff. Here goes... If you POSITIVELY love being REMARKABLY abused and want to CELEBRATE being run over, then come work for HealthEquity !!!

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HealthEquity Inc. Response
1y
Thank you for taking the time to provide honest feedback regarding your time at HealthEquity. We genuinely appreciate your feedback, and while it’s difficult to hear, we take it seriously because it offers valuable insights into areas where we can improve. We’re sorry to hear that your experience has been so frustrating and disheartening. At HealthEquity, our goal is to provide a positive and supportive environment for every team member. We recognize that change within the company can feel overwhelming, especially when it impacts your day-to-day responsibilities. Our leadership is committed to making sure teammates have the resources, tools, and training needed to succeed. We are actively working on enhancing our training programs to be more relevant and comprehensive. We also understand that staffing challenges and back-to-back calls can create stress. Know that we are continuously working to address these issues through hiring initiatives and process improvements. We are committed to improving the experience for every teammate, and we’re working hard to build a culture that’s aligned with our values. If you are open to it, we’d love the chance to connect directly, hear more about your concerns, and work together on solutions.
5.0
Oct 4, 2024

Experienced Cobra Data Analyst

Recommend
CEO approval
Business Outlook

Pros

I love the purple culture and the people. They have values which are be remarkable, make a difference, do the right thing, and celebrate people which I love. Everyone is always willing to help. I've grown so much over the years and have learned a great deal. I came with little to no experience to learning so much like Cobra, and HSA. I also love the events and challenges they have to keep you motivated to stay healthy. I love my HealthEquity family, It's the best place you can work.

Cons

some maybe prone to work related stress

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HealthEquity Inc. Response
1y
Thank you for your heartfelt feedback! We're thrilled to hear how much you value the Purple culture, our values, and the supportive community at HealthEquity. It’s inspiring to know that you’ve grown so much and enjoyed learning along the way. We're also glad you find the events and challenges motivating! We recognize that work-related stress can be a challenge, and we’re committed to providing resources and support to help our teammates maintain a healthy balance. We encourage you to check our our employee resource program with Spring Health. Thank you for being such an important part of HealthEquity!
4.0
Oct 4, 2024

Excellent Purpose

Recommend
CEO approval
Business Outlook

Pros

HealthEquity is a five-star company because of its purpose. The work all of us do helps bring value to communities across the US. The team members are caring and compassionate toward one another and to our customers. Also, integrity is more than ideal, it's practiced by everyone. Last but not least, we're fiscally responsible.

Cons

Things that need improvement: - Resource management - Working in silos - Consideration of internal upstream and downstream impact for all initiatives.

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HealthEquity Inc. Response
1y
Thank you for your feedback and for highlighting the meaningful work we do at HealthEquity. We appreciate your recognition of our team’s care, integrity, and impact. Your suggestions regarding resource management, collaboration, and strategic planning are helpful, and we’re actively working to improve in these areas. Thank you for your contributions and insights.
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Glassdoor has 981 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.