Silicon Valley Bank reviews

4.0

75% would recommend to a friend

(1,428 total reviews)
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Marc Cadieux

81% approve of CEO

53% positive business outlook

Silicon Valley Bank has an employee rating of 4.0 out of 5 stars, based on 1,428 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
4.0
May 7, 2018

Credit

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Excellent culture Generally hire smart management Not afraid to change the model and reinvent itself Top leadership finally committed to dealing with the under-investment in systems/tools

Cons

Hard working staff needs to make up for lack of current systems

2.0
Apr 30, 2018

Needs a lot of work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It’s a faced pace company wanting to push boundaries both in lending and in IT. On paper the company looks great. Things are moving fast and seems like a lucrative place to work.

Cons

One of the biggest issues is with the leaders. There’s bad management at the top and, well bad leaders bring in more bad leaders. It went from a fun place to work to, let’s overwork the employees instead. People leave, roles get consumed by existing employees, but help doesn’t arrive because management feels that a manager is better than having the actual workers to do the job. They cut head count after someone leaves and they don’t backfill. Instead new roles and leaders in other departments get created within orgs but what about the missing headcount? Does exec leadership care about the issues? Nope. This company needs to fix the environment the top leaders portray, as a copecetic environment to the rest of the business, that actually doesn’t exist for the workers at the bottom. It’s pretty much a sweat shop but you learn a lot? I guess?

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Silicon Valley Bank Response
8y
First, let me says thanks for your candid feedback. Yes, SVB is a fast paced company and we are experiencing rapid growth. With that growth comes a need to hire and retain the best employees. We heard loud and clear from our recent employee engagement survey that SVBers need more support to keep pace with our growth. We’re increasing our growth investments of systems and people and looking to hire across the board – we currently have more than 350 open requisitions. We’re aiming to hire and integrate new employees quickly, but of course this does take time in a competitive job market. Where we’re missing it in terms of living our values around the environment for employees at all levels, I welcome that conversation. Please also know that the Executive Committee cares about SVB employees. It’s why we underwrite roughly 80% of benefits costs, provide a company home loan benefit, offer an employee stock ownership component to our 401(k) savings plan, and year-over-year fund our bonus pool at a multiple. Does offering a highly competitive total rewards package serve SVB’s needs? Of course; no doubt about it. Equally so, however, is the motivation around why we do this and the answer is simple: we really do care about our employees. Please know you can always reach out to me, your manager, or a member of the Executive Committee directly.
2.0
Apr 10, 2018

good place to work if you are in finance side and no engineering/IT

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Work here at temporary and to look for something else better.

Cons

Most employees in engineering/IT are old/lazy, they don't have skills set to adapt new technologies nowadays that's why they still work there. Those smart engineers go in and then move to work for better companies. There is politic, the management hires and brings their people. Even though their people can't do the work, they hire consultant to do the projects/tasks.

Viewing 1135 - 1137 of 1,428 Reviews

Glassdoor has 1,637 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.