Used to be a good place to work until WageWorks acquired them - Anonymous employee HealthEquity Inc. Employee Review

1.0
Apr 13, 2022
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

My team had a great leader that really cared but whose hands were tied to do the right thing most of the time. But that didn't stop them from trying. My coworkers were awesome - truly a team that helped each other try to figure out the mess that was created by the acquisition. Great benefits and PTO policies.

Cons

Upper management doesn't listen. You have to fight for your commissions - every month something was missing so if you didn't keep track you missed out. They say HQY acquired WW but it was clearly the complete opposite - they laid off a lot of HQY employees and kept ones from WW that didn't know what they were doing - and didn't care to learn (not in my department). Pay was mediocre at best. As a former employee and a shareholder I was shocked to hear CEO Jon Kessler on the 3/2022 earnings call say that ALL salaried employees got a raise. I still have a LOT of friends that work there so I asked them. That was a complete fabrication. Not one of them in my old department got a raise and they are all salaried. BTW - inflation hits everyone, not just non-sales people. They kept acquiring company after company. Before one integration was done they had acquired two more. Everyone had a different answer on integration timelines and no one was able to provide clear direction. The contracting process was a nightmare - having to go back and forth with legal for things that should have been their responsibility. The COO is a tool that eyeballs women like they are pieces of meat. Huge communication gap all across the company. DEI is a joke - just look at their executive team.

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HealthEquity Inc. Response
4y
Thanks for your candid review, we are glad you felt like your co-workers and leader were supportive, and we hope you had a chance to build some meaningful relationships while working at HealthEquity. HealthEquity has changed a lot over the past few years; as we work to scale and grow, we're learning and adjusting to fit our goal of a remarkable purple culture. We hope you took the opportunity to talk to your leaders and our People Team prior to your departure. What you have to say is important; we will escalate your feedback to our leadership teams.

Explore other reviews about HealthEquity Inc.

5.0
Jun 2, 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
May 19, 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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