Silicon Valley Bank reviews

4.0

75% would recommend to a friend

(1,426 total reviews)
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Marc Cadieux

82% approve of CEO

53% positive business outlook

Silicon Valley Bank has an employee rating of 4.0 out of 5 stars, based on 1,426 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Silicon Valley Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

1K reviews
2.0
Apr 14, 2016
Recommend
CEO approval
Business Outlook

Pros

The benefits are amazing, and the pay is very high for IT work. As a company, the employee appreciation is good.

Cons

The management in place does not communicate well (the IT org), and does not treat its employees well. Recent changes have almost destroyed the culture that made this a fun place to work. Instead it has introduced so many layers of management, and so many processes that no one know how to do anything.

2.0
May 28, 2014

CIO is killing entire IT Department

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

SVB has a great culture and stands behind their employees with the exception of their new CIO Beth Devin.

Cons

IT morale is at an all time low. The CIO has had IT in a re-org for over a year now and still not finished. She has dissolved one of the highest performing departments and split them up across all the other depts. She moved people and created new teams before even having job descriptions or team charters. She spends more time in the business side instead of leading her IT dept. She gives more responsibility to a department that is known throughout the organization to be under performing, then goes ahead and fires the head of that department les then two month after making the change. At the same time, she fires the head of the department she dissolved even though that person successfully build a brand new team and was delivering on his tasks. She is now just cutting anyone that does not agree with her whether they are performing or not.

1.0
Jul 24, 2020

Overboard

Recommend
CEO approval
Business Outlook

Pros

You can make it big if you forge good relationships (Pro?)

Cons

Executive leadership focus and communication has gone overboard following the BLM phenomenon. They didn't do enough before and are trying to do too much now. Hiring for the next 5 years will seek to fill 75% of open position with African Americans. 'Minorities' doesn't include hispanics apparently, or anyone else. Typical knee jerk reaction.

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Silicon Valley Bank Response
5y
Thanks for your feedback. As a company we do need to do more when it comes to hiring diverse candidates. We have been on a diversity, equity, and inclusion journey for several years now. Yes, there is more attention to this topic than ever before at SVB, but it is warranted. We are committed to increasing our Black, Latinx, Female, and other underrepresented employee populations at SVB and in the innovation economy, and we will continue to recruit and hire talented, experienced and diverse individuals across all roles and functions.
Viewing 49 - 51 of 1,426 Reviews

Glassdoor has 1,635 Silicon Valley Bank reviews submitted anonymously by Silicon Valley Bank employees. Read employee reviews and ratings on Glassdoor to decide if Silicon Valley Bank is right for you.