Purple is a lie - Anonymous employee HealthEquity Inc. Employee Review

1.0
Nov 13, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It seems to be pretty average.

Cons

I worked for WageWorks prior to the acquisition. When HealthEquity came in, it seemed like great things were coming. “Remarkable Together” was printed on the water bottles provided to everyone. I expected a large layoff, that comes with the territory. But what I didn’t expect for us who remained were the increased medical premiums and deductibles. On top of that, our holiday schedule hasn’t lined up yet. So Veterans Day, Black Friday and Christmas Eve, Legacy HealthEquity will be home with their families while Legacy WageWorks will be in the office. That doesn’t seem very “Purple” to me and it surely doesn’t make us “Remarkable Together” by any measure. Again, I understand the nature of acquisitions. But if you’re going to axe our leadership and increase our healthcare costs, the least you could do is give us the same days off this holiday season. Nobody wants to feel like the rejected stepchild.

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.

5
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