Silicon Valley Bank reviews

4.0

75% would recommend to a friend

(1,426 total reviews)
avatar

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 1,426 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
Nov 3, 2014

Awful Place to Work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Salary & benefits are what keep people here even though everyone is miserable.

Cons

SVB used to be a wonderful place to work back in the days of Ken Wilcox. The bank actually cared about its employees. However since Greg Becker took the reigns, they no longer care about its people - they only care about the bottom dollar and treat its employees as numbers. It's really sad because I used to love this place. I would not recommend working here to anyone .

1.0
Mar 16, 2014

Stay away!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

They're great if you love the typical Silcon Valley perks (coffee service, free food, covered parking, gym, game room, etc.) to mask the fact that they're a sweat shop.

Cons

They've taken the "Client First" mantra to the extreme where there is no work-life balance. A standard weekday report suddenly becomes an emergency on the weekend if it involves a client. Almost all project workloads are generated by audit due to compliance issues. There is no career path for people in IT. Management personnel decisions are made without employee input. Staffing levels are insufficient. One IT leader is known for inappropriate emails. People are burnt-out and management downplays or ignores complaints. IT management is better at fire-fighting than strategic planning.

2.0
Sep 8, 2012
Recommend
CEO approval
Business Outlook

Pros

Excellent competitive salaries, benefits. Clients LOVE this company; good on resume. The Infrastructure, the troops, are what make this company. At exec level, extremely innovative and want to stay ahead of the curve in the market; highly driven. Sales teams and client facing service delivery teams rock, and are the cornerstone of what makes this company vital. Sales leadership is very strong.

Cons

Very poor management and leadership skills below exec level, and a few newer ones at C-level are failing as well. No one is cultivating the incredible talent at all levels; there is no scouting of the rich pool of talent within the bank that needs mentoring and elevating. "home grown" is falling away. Career paths in finance are nil. Finance, IT, Ops and HR have some critical negative political black holes that need removing. Huge amount of confusion which fuels politics, leads to nonproductivity; the company is losing its edge and good people will, and are, leaving.

Viewing 136 - 138 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.