Comp Philosophy Needs Review - inflation and Attrition Has Hit Hard - SDM III HealthEquity Inc. Employee Review

3.0
Jun 23, 2022
Recommend
CEO approval
Business Outlook

Pros

Remote work, client relationships, peers and products administered are great for the American public!

Cons

Many are tapped on the shoulder to take a new position within the company. Salary bands are not industry standard based on individual contributions and compensation has not kept up with cost of living throughout various parts of the nation.

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HealthEquity Inc. Response
3y
Thanks for giving HealthEquity a review. We agree there are many great things about working at HealthEquity. We appreciate your feedback on compensation. While the market has changed very quickly, our Compensation team is always working hard to ensure pay is competitive and keeps up with the cost of living. If you wish to provide any additional feedback, we highly encourage you to do so. You can reach the People team at people@healthequity.com.

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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