Product Team - Anonymous employee HealthEquity Inc. Employee Review

1.0
Jul 31, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Purple Culture: Many of the employees believe they can improve the service provided to the customer. Very proactive LGBT community. Wellness program is first rate.

Cons

Prior to be publically traded (HQY), this company was very innovative. Since becoming a public company, they have become mired in red tape. The mobile app is a great example of the failure. I have witnessed two highly qualified individuals hired for the product team (Dir. of Investment services position) to have their position dissolved in less than six months. Both individuals were subjected to what I'd define as abussive treatment to include numerous sessions were they were publically berated by thier supervisor I have decided to look else where based on what I saw. Very unprofessional.

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HealthEquity Inc. Response
10y
Thank you for your review of HealthEquity on Glassdoor. We appreciate hearing candid feedback from our team members so that we can best create a positive working environment for our team. While I am disappointed to hear of your experience, I can ensure you that HealthEquity has and does foster an environment of innovation. This is represented in our business initiatives such as our monthly Project Review Board (PRB) which scopes our projects for innovation based on data driven concepts and by listening to the voice of the consumer. HealthEquity does not look to rest on our past accomplishments but rather continually listen to the consumer to best respond in the marketplace. Please feel free to reach out to our People Team with any additional constructive feedback so that we can continue to enhance our environment at HealthEquity. Thank you for your contributions to the team.

Explore other reviews about HealthEquity Inc.

5.0
May 19, 2026
Recommend
CEO approval
Business Outlook

Pros

From the very beginning, the experience felt welcoming, thoughtful, and well organized. The recruitment process was smooth and informative, and every interview felt like a genuine opportunity to have real conversations and build meaningful connections. The team was incredibly supportive throughout both hiring and onboarding, which made the transition feel seamless. A great example of the company’s culture is Trailhead, an experience designed to bring new hires together early on and help them connect, learn, and feel part of the organization right away. It’s clear there is a lot of intention behind how employees are supported, especially when it comes to building connection from day one.

Cons

Still early in my time here, but no major cons to note so far.

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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