Silicon Valley Bank reviews

4.0

75% would recommend to a friend

(1,426 total reviews)
avatar

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
1.0
Mar 7, 2015

System Support

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great benefits, great parties and perks. Compensation is great. There are actually some great people who are willing to help you. They are not cheap and they still have team building activities.

Cons

Bad Managements stay and nothing being done!! They demoralize people and make people not productive. Especially if you are applying for the back office like Marketing or Finance or IT, RUN away or don't join this place. Moral is at all times low at these departments. Very high turnover. Some stayed 2 months, some don't give notices. Some left without jobs waiting. But all of these because they are so dissatisfied with management. These people are getting paid a lot of money and yet they leave! Some managers even had all of the workers left but 1 person. Lots of favoritisms. So if you are a favorite than your career can go up. No real growth.

3.0
Mar 4, 2015

Not what it used to be

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Love the people that I work with

Cons

Culture and management has deteriorated over the past few years. Favoritism is rampant and not necessarily base on skill.

3.0
Mar 3, 2015

Great growth company, not so good for IT career right now.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good business model, great brand and strategy, well established in the technology start-up and growth sector. Decent compensation and benefits, feels less of bank and more of a start-up. Culture rewards risk taking.

Cons

Business stakeholders do not have capability to convert the company vision to strategic initiatives or stick to them. Lot of decisions are based on perceptions and not well thought out. IT is badly broken. It was in decent shape till mid-2013 when a new CIO was hired for transformation after the prior CIO left. The new CIO proved to be a fatal experiment and managed to dismantle the org, demotivate almost everyone, increased budget without output, and create a no accountability culture. COO is currently managing IT, and the situation is getting worse as there is genuine leadership vaccum in IT. Not a great place to be if you are looking for a growing career.

Viewing 1321 - 1323 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.