Solid company, great benefits, wonderful place to work - Anonymous employee HealthEquity Inc. Employee Review

5.0
15 Feb 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

HealthEquity invests in the individual. If you are not happy with where you are at, they will help guide you to where you want to be. The sky is the limit with ambition, smarts, and hard work. The compensation, benefits, and culture make it pretty easy to stay excited about the growth and direction of the company. They work hard to maintain work/life balance. They make heroic efforts to prevent their employees from "burning out" - even during the busy season.

Cons

There are a few HR policies that I think are counterproductive to team moral. First, they generally don't grant raises greater than 10% above your current salary. This usually isn't a problem, but sometimes this means they end up paying internal promotions much less than they would have paid an external hire. Also, they generally require you be in your current position for one year before allowing you be promoted or change positions. I understand there are exceptions of these guidelines, and I even understand the logic behind them - but I've found they generally stifle ambition within the company. But I still wouldn't rather work anywhere else, even if I got paid more.

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HealthEquity Inc. Response
9y
Thanks for your review of HealthEquity on Glassdoor! We appreciate to hear our team members thoughts and concerns. I agree with the 'sky is the limit' thought process as many individuals have been able to build meaningful and fulfilling careers out of the opportunities here. I believe the growth of the organization is due to the growth of the people more than the other way around. Appreciate your candor and contributions to HealthEquity. Regarding the policies mentioned - specifically on compensation - we have recently revised and published our Compensation Philosophy which provides an outline of HealthEquity's approach to our pay for performance philosophy. I encourage you to reach out to your leader and/or the People Team if you feel like there is an aspect on comp that is concerning. We can best navigate these policies as we hear from our team members so thank you for your review.

Explore other reviews about HealthEquity Inc.

5.0
30 June 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Mission, growth trajectory, work alongside good humans, constantly growing and developing.

Cons

Remote environment. Need to find opportunities to informally get to know your colleagues.

1.0
23 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Benefits, perks, remote work, unlimited PTO, and stock options.

Cons

Unfortunately, what has happened with most companies that grow too fast has occurred here. Too much focus on sales and marketing, and diminished focus on retaining clients or making sure new technology and processes are properly trained. Because of miscommunication and a lack of training, it's impossible to get help from other departments without a ton of pushback. Management would rather blame employees for problems than examine why processes aren't working properly. They now want all roles to sell product, even though that is not in their job descriptions. I wish HR would be more involved in how management speaks to employees because it's incredibly unethical and problematic every time we have a meeting. Whoever the C-suite is listening to on how to be good leaders should be fired, because they are taking a page out of every toxic workplace stereotype, instead of looking at how things can be ethically and properly fixed. There is no focus on clients or employees anymore, just getting more money.

6
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