HealthEquity Inc. reviews

3.2

52% would recommend to a friend

(949 total reviews)
avatar

Scott Cutler

30% approve of CEO

52% positive business outlook

HealthEquity Inc. has an employee rating of 3.2 out of 5 stars, based on 949 company reviews on Glassdoor which indicates that most employees have a good working experience there. The HealthEquity Inc. employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

949 reviews
3.0
Jul 1, 2025

Noble mission, low morale

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Everyone believes in the mission to save and improve lives by empowering healthcare consumers.

Cons

Top priority initiatives change often, creating confusion and waste.

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HealthEquity Inc. Response
11mo
Thanks for highlighting the shared commitment to our mission—that belief is what drives our work every day. We know shifting priorities can create confusion, and we’re working to bring more focus and clarity to how we set and communicate direction, so teams can move forward with confidence and impact.
3.0
Jun 16, 2025
Recommend
CEO approval
Business Outlook

Pros

Working from home is very nice, and what little is left of the purple culture.

Cons

I have been with this company for a year and a half, and unfortunately, my experience has only led to increasing disappointment. When I first started, I thought the challenges were just part of being new and navigating the learning curve. However, I've come to realize that this seems to be the daily operation — a constant struggle with unclear processes and shifting expectations. Navigation within internal teams is a nightmare. Processes frequently change week to week without any communication, making it incredibly hard to do my job effectively. Most colleagues just want to pass the buck and close cases internally, which inevitably results in a poor experience for our clients. The company has faced significant backlash from members, clients, and partners, especially following last year's security incident. The rollout of the new card was handled poorly.. whoever was responsible for that disaster should be held accountable. Client facing teams are under immense pressure and backlash due to what appears to be a lack of strong leadership and transparency. The recent layoffs, which have been communicated with little clarity, only add to the feeling of instability and mistrust. I was hopeful this could be a long-term home, but I no longer feel aligned with the company's values. Despite boasting about record breaking Q1 results, the morale and trust are pitiful. I suspect the numbers look less impressive after the layoffs. The leadership could do much better by focusing on supporting the employees doing the real work rather than tolerating managers who are often unavailable and offer little value. We're all exhausted, fed up, and the promised “transparency” feels hollow.

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HealthEquity Inc. Response
11mo
Thank you for taking the time to share your experience. We know feedback like this comes from a place of wanting things to be better, and we take that seriously. The last year has brought real challenges—some of which have tested both our systems and our culture. While we’ve made difficult decisions in service of long-term stability, we know they’ve created uncertainty for many. We’re actively working to strengthen communication, clarify processes, and better support the teams doing the critical day-to-day work. We’re committed to rebuilding trust by staying focused on what matters: delivering for our members, supporting our people, and grounding every step we take in our values.
5.0
Jun 11, 2025

I love it!

Recommend
CEO approval
Business Outlook

Pros

The people at health equity are very collaborative between teams.

Cons

I feel like there are layoffs every other week which can be hard on morale.

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HealthEquity Inc. Response
11mo
Thanks for calling out the collaboration—that’s something we value deeply and work hard to protect. We know ongoing change can take a toll on morale. As we navigate this period of transformation, we’re focused on building long-term stability while holding onto the culture that makes HealthEquity special.
Viewing 67 - 69 of 949 Reviews

Glassdoor has 981 HealthEquity Inc. reviews submitted anonymously by HealthEquity Inc. employees. Read employee reviews and ratings on Glassdoor to decide if HealthEquity Inc. is right for you.