Great culture, problematic compensation policies. - Devops Engineer HealthEquity Inc. Employee Review

4.0
Nov 14, 2016
Recommend
CEO approval
Business Outlook

Pros

The culture is fantastic, and the company promotes a healthy work and life balance. Leadership teams express real interest in what makes their teams' lives better when coming to work.

Cons

Unfortunately, just due to the current code release cycle and style of the development teams, the technology department fights fires more than prevents them. HR also has a strict 10% pay increase cap, so tenured workers typically make significantly less than new hires.

avatar
HealthEquity Inc. Response
9y
Thank you for your review of HealthEquity on Glassdoor. You bring up a great topic on competitive compensation, and I would encourage you to talk more with your leader and/or the People Team to ensure you feel supported in this topic. HealthEquity has a pay for performance compensation philosophy, and we are continually looking to get more market data to support this comp philosophy. The 10% cap mentioned is more historical and was not intended to be a hard and fast cap as competitive compensation needs a balance of both the art and science behind compensation. We are actively seeking to be more transparent in our comp approach - and your voice helps us better achieve this. Thanks again for the insights and look forward to your contributions to HQY.

Explore other reviews about HealthEquity Inc.

5.0
Jun 30, 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
Apr 23, 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
See reviews by: Helpful|Rating|Date|All