Is HealthEquity Inc. a good company to work for?

HealthEquity Inc. has an overall rating of 3.2 out of 5, based on over 982 reviews left anonymously by employees. This rating has decreased by 11% over the last 12 months. 53% of employees would recommend working at HealthEquity Inc. to a friend and 52% have a positive outlook for the business. The best reviews about HealthEquity Inc. have been left by employees working as Business Analyst , Client Service Representative and Service Delivery Manager .

Does HealthEquity Inc. pay their employees well?

According to anonymously submitted Glassdoor reviews, HealthEquity Inc. employees rate their compensation and benefits as 3.4 out of 5. Find out more about salaries and benefits at HealthEquity Inc.. This rating has decreased by 11% over the last 12 months.

How satisfied are employees working at HealthEquity Inc.?

53% of HealthEquity Inc. employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated HealthEquity Inc. 3.5 out of 5 for work life balance, 3.3 for culture and values and 2.9 for career opportunities.

What are the top reviewed jobs at HealthEquity Inc.?

Member Service Representative (41) , Customer Service Representative (28) , Service Delivery Manager (28) , Manager (25) , Member Service Specialist (20) , Member Services Specialist (20) , Senior Software Engineer (18) , Implementation Manager (13) , Member Services Representative (13) , Director (12) , Analyst (11) , Client Service Representative (11) , Software Engineer (11) , Business Analyst (10) , Member Service Representative II (9)

What are the pros of working at HealthEquity Inc. according to real employee reviews?

"Great benefits and the company is well diverse." ((in 129 reviews)); "Great people and a good company that truly believes in its product." ((in 55 reviews)); "Pay was great" ((in 42 reviews)); "Great team members" ((in 40 reviews)); "Good Work/Life Balance" ((in 38 reviews))

What are the cons of working at HealthEquity Inc. according to real employee reviews?

"Management was appalling." ((in 24 reviews)); "They show their "purple culture" through constant layoffs." ((in 18 reviews)); "The content we go over needs at minimum 6 weeks of training." ((in 15 reviews)); "The culture is probably gone for good and communication with upper management is nonexistent." ((in 12 reviews)); "average salary compensation and lack of pay transparency" ((in 12 reviews))

What are employees saying about HealthEquity Inc. layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about HealthEquity Inc. layoffs and their outlook for job security at HealthEquity Inc. in 2026.

What are the top reviewed HealthEquity Inc. locations?

Draper , Irving , Salt Lake City , Dallas , Tempe , Louisville , Milwaukee , Phoenix , Price , San Mateo , Atlanta , Lehi , Sandy , New York , Houston , Seattle , South Jordan , Richfield , Kansas City , Mesa , Celina , Texas City , San Diego , San Francisco , Parker , Miami , Alpharetta , Utah , Dallas-Fort Worth , Cleveland

HealthEquity Inc. reviews

3.2

53% would recommend to a friend

(949 total reviews)

Scott Cutler

31% approve of CEO

52% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

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

5.0

Oct 3, 2016

A great company and a great cause- highly recommend to anyone!

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Laid back, fun culture. Great work/life balance. Budget for training and support from management to continually learn. Great people. Everything I saw led me to believe they honestly and truly mean it when they say that Employees are the most precious resource- hey regularly proved that in word and deed. Opportunity for advancement. Wonderful benefits. The company's mission is to encourage and help regular folks save money and achieve lower-cost health care. I felt like I was contributing in a positive way to society.

Cons

Company is growing fast and sometimes getting a project off the ground was overly cumbersome due to lots of new people in the company and the simple fact that large projects we were working on had never been done before.

HealthEquity Inc. Response

9y

Thank you for you review of HealthEquity on Glassdoor - and appreciate the positivity here. We see great productivity and enhanced culture when an individual's passion aligns to our mission and vision, and I appreciate your dedication here. Thank you again for your contributions to HealthEquity and your feedback here.

3.0

Aug 7, 2016

Great desk job, not so much career, lack of internal communication

Mail ops specialist

Recommend

CEO approval

Business Outlook

Pros

upper level management is incredible, have a very strong vision and great ethics company seems to be progressing management is flexible with work hours/commitments friends co-workers

Cons

very low pay (does not reward talent/education for pay) lower level management is very political and drama filled management often hires internally based on friendships, ect. lacks monetary incentives half of lower level management does not even want to be there very much overcrowded "purple attitude" is often converted to favoritism and friendship hiring system

5.0

May 29, 2016

Caring and balanced

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

HealthEquity cares and really strives to maintain a good balance of consideration for their team and the business. The people are the best and are always looking to each other for improvements. They give back to their employees through fun things like events, activities, but also meaningful things focus on wellness with an incentive and great benefits.

Cons

Growth. They are growing so fast I worry that they haven't put the time, money, or energy into the structure or leadership team to maintain it all. If they are doing this I'd love them to share with the whole company.

Viewing 154 - 156 of 949 Reviews

Jobs at HealthEquity Inc.

Member Service Specialist I

Regional Sales Executive

Sr Third Party Risk Analyst (TPRM)

Enterprise Sales Executive - DC, DE, KY, MD, OH, PA and WV