Merger Mistakes - Anonymous employee HealthEquity Inc. Employee Review

2.0
20 May 2020
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

PurpleCulture has created a unique workplace environment in Draper that until recently made going to work a joy.

Cons

HealthEquity used to be a wonderful place to work, but the WageWorks acquisition has killed the culture and work environment. The WageWorks employees are forcing out employees who’ve worked hard for HealthEquity for years, and none of them seem to do any actual work.

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HealthEquity Inc. Response
6y
Thank you for your review of HealthEquity on Glassdoor. There is no doubt that our company and culture has evolved in many ways over the past year - and personally, those are exciting opportunities for our company. We won't be perfect along the way but we do have a higher probability of success as we work together through the challenges we do face. I encourage you to be vocal with your leadership in productive, open dialogue to better our workplace experiences. Thank you for your contributions and sharing your experiences with HealthEquity.

Explore other reviews about HealthEquity Inc.

5.0
8 July 2026
Recommend
CEO approval
Business outlook

Pros

Great Company that makes work life balance a priority

Cons

A little lacking as far as training is concerned and documentation in place

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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