Feel good culture, but lacking action - Senior Analyst HealthEquity Inc. Employee Review

3.0
9 Mar 2022
Recommend
CEO approval
Business outlook

Pros

In the last seven years of my career at numerous companies, this is probably my favorite job, team, and director. The company hires genuinely good people, everybody works together as a team, but all of the good that I'm mentioning comes from the department and director I am working for. The company offers some unique benefits that are really good such as the amount they contribute to your HSA which has been very beneficial for me.

Cons

I've been here a year now, content and not wanting to leave even though I know I can probably go somewhere else and earn 10% - 20% more. However this most recent annual review process was a gut punch to me. I got scored exceeding expectations in every category of the review, and only got a 2% raise with no discussion about it. If you ask me, in a NORMAL non inflation at 10% year, a 3% raise should be the minimum for cost of living increase. So to work at a place that I thought cared about employees, to be told that the work I am doing is exceptional and it was an incredibly good move for the company to hire me, and then be slapped with a 2% raise on a year with 10% inflation, was a serious gut punch to me. How on earth do you expect to retain top talent if you are paying your exceptional performers a meagerly 2% raise? I had thoughts of trying to work my way up the ranks at this company, but now I'm even questioning that. Will I eventually receive a promotion and be given another 2% raise and more responsibilities and a new job title and be expected to be happy? I'll tell you honestly, the first thing I did after my yearly review was update my resume, because as good as a team and individuals are to me, a place without career growth is no place to build a career.

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HealthEquity Inc. Response
4y
We agree that we have some of the best teammates around. HealthEquity is continually working to make our benefits and total rewards competitive; your feedback helps us do that. We encourage you to discuss your concerns about your review with your leader or a people business partner. Thanks for your feedback; we will share it with our total rewards team.

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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