Health Catalyst reviews

3.3

40% would recommend to a friend

(184 total reviews)
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Ben Albert

42% approve of CEO

24% positive business outlook

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184 reviews

Reviews about "Compensation"

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3.0
Sep 13, 2024

Going Downhill

Recommend
CEO approval
Business Outlook

Pros

Good culture, people, benefits, products and services

Cons

Salary and Bonuses: The compensation at HC is significantly below market average. While there is frequent discussion about becoming more competitive, little progress has been made. Raises are infrequent and, when they do happen, often fail to keep up with inflation. I’ve been a full-time employee for five years, consistently receiving excellent feedback from both clients and managers, who have acknowledged my exceptional performance. Despite this, I’ve only received one personal raise during my entire tenure. This lack of recognition is frustrating and has led me to consider seeking opportunities elsewhere. RSUs and bonuses have been discontinued or decreased to almost nothing. Company-wide raises seem to be frequently promised and always delayed. There's always "good things coming" that never seem to come.

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Health Catalyst Response
1y
Thank you for sharing your experience and for your dedication over the past five years. I’m grateful to hear that you found our culture, team members, benefits, and the products and services we provide to be positive aspects of your experience so far with Health Catalyst. I appreciate you sharing your concerns about compensation, and I encourage you to contact your people operations business partner to explore compensation in more detail. In addition, I want to provide some quick information about the process Health Catalyst follows when working to identify team member compensation. For nearly a decade, we have used Radford's salary survey data to guide our team member pay practices. Radford is a highly regarded technology salary survey that tends to trend on the higher end of the compensation spectrum compared to other reputable sources such as Korn Ferry, Mercer, and Willis Towers Watson. Importantly, Radford provides job matching data for the vast majority of roles at Health Catalyst, making it the most relevant benchmark for us. Its data is built on hundreds of thousands of validated inputs from companies around the world, ensuring transparency and reliability. While all salary data sources have some lag time, Radford updates its reports quarterly, and we align with best practices by updating our salary ranges annually. As part of our long-term commitment to competitive pay, we are working toward a goal of compensating all core team members at the 65th percentile of the market—covering nearly 90% of our workforce. While we recognize that we aren’t there yet for every role, we are committed to reaching this target in the coming years. In 2024, this commitment informed our decision to provide core team members with an above-market 5% base salary increase in December 2024, with many also receiving additional adjustments to bring them closer to the 65th percentile. I hope this increase was helpful and meaningful for you, as you received it a few months ago. In addition, we have continued to prioritize base salary increases in the 2025 board-approved operating plan as well, with the next base salary increase for core team members to take effect this December. Beyond compensation, we remain committed to fostering career growth and internal advancement. Over the past 3 ½ years, nearly 900 team members have earned promotions—a reflection of our dedication to recognizing and promoting talent from within. I hear your frustration, and I want to acknowledge that your contributions matter. While we may not always get everything right, we are committed to continuous improvement and ensuring you feel valued. I truly appreciate your feedback and the work you do. If you’re open to a conversation, I’d welcome the opportunity to discuss your experience further in a 1:1. Best, Dan Burton
4.0
Jul 10, 2024
Recommend
CEO approval
Business Outlook

Pros

Culture, Client work, Flexibility, Focus on Measurable Improvements within Healthcare

Cons

Still growing as a company, pay seems lower than other places, healthcare in general has a lot of challenges right now

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Health Catalyst Response
1y
Thanks for sharing and your feedback. I agree that our market realties as of late have been challenging, however I am optimistic about the growing tailwinds we’ll see in the coming months as health systems margins improve. You are correct about the importance, and difficulty, of attracting and retaining world-class talent. I have instructed the Leadership Team to re-focus efforts in this regard, and we are taking steps to renew our commitment to professional development, as evidenced by the recent re-introduction of 360-peer reviews for people managers. Please share your other thoughts in this regard with me, Linda, or our LT team. Thanks for your 9 years of contributions to our success. Your commitment is deeply appreciated. Best, Dan Burton
3.0
Apr 17, 2024
Recommend
CEO approval
Business Outlook

Pros

I really like the work that I do and the people that I work with. Communication is open and the environment has always been respectful. Compensation is fair for the healthcare space (maybe a little better) but across all industries compensation is average. Benefits are above average. A truly remote work environment and there has never been a return-to-office expectation. I feel like I have the stewardship to make decisions that are best for the customers I work with. There are some economic indicators that hint that the healthcare industry may be improving.

Cons

The technology that I use to do my job is 15 to 20 years old and substantially out of date but this is generally consistent the provider side of healthcare. There just isn't any money in healthcare right now and growth has stagnated. This implies that working for Health Catalyst comes with above average employment risk and career advancement may be limited and slower than average.

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Health Catalyst Response
2y
Thanks for your thoughtful feedback. In regards to your concern about an outdated tech stack, I am excited that we recently announced our next-generation data and analytics platform, Ignite, to ensure that we are using the latest, best-in-class technology in our work with our clients. And I know there have been economic head winds, and I believe and agree with you in that we are seeing a shift in that and I am excited about re-accelerating our growth. Thanks for your support and your years of contributions to our success. Best, Dan Burton
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