Good culture, terrible strategy - Anonymous employee HealthEquity Inc. Employee Review

3.0
Aug 12, 2020
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

HealthEquity does a great job with benefits and investing in the health of its employees.

Cons

HealthEquity does a terrible job of maintaining products that are serving the client base and investing in upgrading them to make them run more effectively. It is more focused on building new products to entice more business, but we are unable to manage the current products we have and offer.

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HealthEquity Inc. Response
5y
Thank you for your honest review of HealthEquity on Glassdoor. It's feedback like this that helps us grow and add priority to certain efforts. We're glad that you feel we're on the right track with our benefits and team member wellness initiatives. As we continue to grow we certainly want to live our value of "Scale the Magic", and your suggestions about maintaining and upgrading existing products is a good reminder of how we can live that value by providing a personal touch through thoughtful product alignment. Thank you for this helpful review!

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5.0
Jul 8, 2026
Recommend
CEO approval
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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
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
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