Good people, insufficient staffing - Anonymous employee HealthEquity Inc. Employee Review

3.0
22 Aug 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

HealthEquity has a great social mission and is sincere in trying to equip individuals with the tools to be financially prepared both for medical expenses (planned and unplanned) and retirement. There are some of the smartest, kindest, inspiring people I've had the pleasure to work with. The company is in a space that is largely recession-proof, and the rising interest rate environment will benefit HealthEquity. Strong benefits, especially their own HSA match.

Cons

HealthEquity has made a number of significant acquisitions over the last few years. These acquisitions have allowed the company to broaden its product portfolio and strengthen its partner ecosystem. They did not seem to appreciate the additional ongoing work these acquisitions would bring. Parts of the company are overwhelmed just trying to "keep the lights on". HealthEquity tends to pay below market average, so turnover has become an issue. The management team that was put in place a few years ago have brought over a number of their colleagues from prior companies. There are a lot of good people that have come over, but it has started to feel a bit cliqueish.

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HealthEquity Inc. Response
3y
Thanks for your review on HealthEquity. We're happy to hear that that you loved the people you worked with. We know that a lot has changed over the years, but one thing we know is that we cannot do it without our team members. We appreciate the hard work and dedication and will continue to learn and improve the lives of our teammates. While you're no longer with HealthEquity, we wish you the best with your newest career or desired path.

Explore other reviews about HealthEquity Inc.

5.0
2 Jun 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Opportunity to be an owner. The evolution of the strategy is super exciting. AI forward.

Cons

HSAs aren't yet available to all.

5.0
19 May 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.

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