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 128 reviews)); "Great people and a good company that truly believes in its product." ((in 50 reviews)); "Pay was great" ((in 44 reviews)); "Great Team members" ((in 43 reviews)); "Good Work/Life Balance" ((in 37 reviews))

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

"They show their "purple culture" through constant layoffs." ((in 19 reviews)); "The content we go over needs at minimum 6 weeks of training." ((in 14 reviews)); "Awful managers." ((in 13 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 10 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

Company ratings over time

Ratings trend for the last 6 months (949 reviews)

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

2.0

Jun 22, 2021

Ok, definitely not great

Software developer in test

Recommend

CEO approval

Business Outlook

Pros

- Great co-workers - Used to have fun parties etc - They contribute a lot to your HSA, although even that amount doesn't make up for the high insurance premiums - They have finally accepted that people can work effectively from home

Cons

- Pay is lagging behind industry - Health insurance premiums and deductible are the highest I've ever paid - Raises only seem to happen if you are loud about it and even then they equate to just a hundred or two a month - Until recently their referral bonus was just $50. Now a select few, harder to fill positions, offer $1000 - They don't pay any part of the vision insurance premiums

3.0

Mar 10, 2021

Typical Corporate America Job

Account consultant

Recommend

CEO approval

Business Outlook

Pros

Great Benefits. Hard to be fired. Friendly Work Environment. As long as you show up you're job is secure.

Cons

HealthEquity recently bought a bad company called WageWorks. Its HealthEquity on the outside but still WageWorks on the inside, an unorganized mess. Annual raises are slap in the face.

5.0

Oct 9, 2020

Fast growth, in the end, is good

Director

Recommend

CEO approval

Business Outlook

Pros

HealthEquity has provided me with all the opportunities I could have hoped for coming out of college. My career has progressed speedily due to the rapid corporate growth and opportunities it comes with. My leadership in finance has given me opportunities to learn new things and progress at the speed at which I want to progress. I've felt like the career trajectory for many at HealthEquity is limitless. I feel rewarded for hard work, and I think my leadership allows me and others to grow into roles based on previous successes. I appreciate the leadership of the executives, who have continually pushed for transparency and culture over all, even with the difficulties of an acquisition and COVID-19.

Cons

The acquisition of WageWorks has created difficulties. Feelings are hurt, growing pains create frustrated team members, and it's hard to learn the characters of new leadership at the mid-level positions. Posturing happens every now and then.

Viewing 184 - 186 of 949 Reviews

Jobs at HealthEquity Inc.

Member Service Specialist I

Director, AI Enablement

Sr Third Party Risk Analyst (TPRM)

Regional Sales Executive

Sr Data Protection Cryptography Engineer