Great mission and product, culture declining - Engagement Consultant HealthEquity Inc. Employee Review

5.0
Sep 12, 2020
Recommend
CEO approval
Business Outlook

Pros

The CEO and founder are two of the greatest leaders. I would run through a brick wall for Steve Neeleman. I really believe in the our products, especially the HSA. Working from home has been better than I originally thought and leadership trusts us to manage ourselves during remote work.

Cons

My department has seen a lot of turnover. A lot of strong, female leadership and team members have been driven out or have quit because of the type of new department leadership. Many male team members have left as well. This has not been addresses or handled with very much concern despite the alarming turnover rate. The culture has declined immensely.

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HealthEquity Inc. Response
5y
Thank you for your review of HealthEquity on Glassdoor. This is a very thoughtful review and I appreciate you sharing both your positive experiences as well as your concerns. The more we can be transparent an raise our voice to any possible red flags, the better off our collective team will be in the long run. Know that your voice is being heard, and that culture and turnover are areas that will continue to be focused on, as they are certainly priorities of the leadership team. Thank you again for your review!

Explore other reviews about HealthEquity Inc.

5.0
Jul 8, 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
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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