HealthEquity Inc. reviews

3.2

53% would recommend to a friend

(949 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 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
3.0
Jan 7, 2020

Great place to work, but beware!

Recommend
CEO approval
Business Outlook

Pros

Great team, I really enjoyed the people I have worked with here. I immediately felt like I was part of a close knit group, almost family like. I will be sad to leave. There are multiple locations and they provide the tools to make sure that everyone can collaborate effectively despite the distance. The benefits are amazing! I have been spoiled and will never be able to go to another company and feel the same about benefits. A large company generally means more stability, but that is not the case now that the company has been acquired.

Cons

Lack of trust in the new management. HealthEquity management came in saying they were not going to be the 'conquerors', they had meetings telling people not to leave because there was 'so much work to do' and 'we don't have enough people as it is to get it all done' and then suddenly laid off a bunch of people. Right before Christmas. Their managers were never notified of this before it happened, or their director. They found out as their staff went to HR. A bunch of people were given future lay-off dates. After they announced all of this they had an all hands meeting where people were expected to cheer (loudly) about laying-off their friends and co-workers because it meant they would get more money in 'bonuses'. Since a bunch of people hadn't actually left yet, they had to watch everyone cheer about getting rid of them. It was tone deaf and heartless. I would normally just be annoyed and not write a review at all, but they are still hiring people, and at the location they are getting rid of! They have made offhand comments that suggest they are planning more lay-offs in San Mateo. They shouldn't be hiring ANYONE if they can't be sure the position will be there long term. It doesn't seem like anyone is safe and HealthEquity doesn't seem to be big on honesty, transparency, or empathy.

2.0
Aug 29, 2019
Recommend
CEO approval
Business Outlook

Pros

Medical Benefits , HSA contributions and 401k

Cons

Everything is based on your metics and metrics scoring is subjective and not consistent I loved my job in 2018 and it was a positive and fun place to work. I would brag about the place to friends and neighbors. 2019 lots of changes, morale is down, stress is up an I would not refer friends or neighbors anymore. Sad it is becoming like every other big company.

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HealthEquity Inc. Response
6y
Thank you for your review of HealthEquity on Glassdoor. Unfortunate to hear your experiences have changed over the past year. HealthEquity continues to grow and evolve, and we will best create a positive working environment as we work together to productively voice concerns and thoughtfully solution together to create better outcomes for all. We are becoming bigger as an organization but genuinely strive to maintain personal touch as we 'scale the magic'. That is the challenge, and opportunity.
5.0
May 22, 2019
Recommend
CEO approval
Business Outlook

Pros

They take really good care of their employees, great bonuses, fun people to work with

Cons

It can be pretty competitive to move up, but by working hard you can stand out from the rest

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HealthEquity Inc. Response
7y
Thank you for your review of HealthEquity on Glassdoor. Working hard, and smart, does pay off! Best advice is to ensure you are performing your role at 100% while striving to expand your skills and experiences beyond that, through stretch opportunities and learning. Everyone can grow from this approach.
Viewing 244 - 246 of 949 Reviews

Glassdoor has 982 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.