Silicon Valley Bank Reviews in Palo Alto, CA | Glassdoor

Silicon Valley Bank Palo Alto Reviews

Updated February 22, 2017
10 reviews

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Palo Alto, CA

3.9
Star Star Star Star Star
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Silicon Valley Bank President & CEO Greg Becker
Greg Becker
6 Ratings

10 Employee Reviews

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Pros
Cons
  • the work-life balance has been challenging (in 9 reviews)

  • middle management gets more people (in 12 reviews)

More Pros and Cons

  1. "Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Palo Alto, CA
    Former Employee - Anonymous Employee in Palo Alto, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Silicon Valley Bank full-time (More than 3 years)

    Pros

    Working environment was good.

    Cons

    the package that was provided was not competitive.


  2. Helpful (1)

    "Summer Internship at SVB"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Payments Services in Palo Alto, CA
    Former Intern - Payments Services in Palo Alto, CA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Silicon Valley Bank as an intern

    Pros

    Nice work environment, friendly people, free breakfast every monday mornings plus kitchen filled with snacks available whenever, reasonable hours.

    Cons

    Not a lot of room for growth, very little attention from upper-level management, average pay. Overall, it seems like it's not a place for super ambitious individuals who actually want to make a mark on their industry.

    Advice to Management

    Pay more attention to the employees. Very little interaction with department heads and it seemed like they didn't genuinely care about the people who worked under them.


  3. "Intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern - Hourly in Palo Alto, CA
    Former Employee - Intern - Hourly in Palo Alto, CA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great culture with plenty of learning opportuntiies

    Cons

    Pay was standard for industry. Full-time offers for the ADP Program are only in Palo Alto and Boston.


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  5. Helpful (1)

    "Great culture, sad salary"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate I in Palo Alto, CA
    Current Employee - Associate I in Palo Alto, CA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Silicon Valley Bank full-time (Less than a year)

    Pros

    Great culture. Everyone is very friendly. Great reputation in the Valley. Many opportunities to learn and develop.

    Cons

    Pay is below industry average. Bank systems are old and outdated. Very little top down transparency.

    Advice to Management

    If you want to keep your talent, you need to incentivize them to stay with the bank.


  6. "Attorney"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Attorney in Palo Alto, CA
    Current Employee - Attorney in Palo Alto, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Silicon Valley Bank full-time (More than 10 years)

    Pros

    Great people, interesting work, excellent benefits, reasonable hours.

    Cons

    Compensation is a bit below market.

    Advice to Management

    Keep up the good work.


  7. Helpful (4)

    "SVB has lost its luster; management is seriously disconnected"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Palo Alto, CA
    Current Employee - Anonymous Employee in Palo Alto, CA
    Positive Outlook
    Approves of CEO

    I have been working at Silicon Valley Bank full-time (More than 5 years)

    Pros

    Benefits, life/work balance, employees are generally happy to be there

    Cons

    When minor mistakes are made, it becomes a blame game, finger-pointing environment. Some bad managers are making things worse. Employees are afraid to say anything because of the backlash. They are being thrown under the bus.

    Advice to Management

    Upper management needs to pay attention. Bad managers are being promoted. It's quid pro quo.


  8. "Very exciting bank to work for."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Intern in Palo Alto, CA
    Current Intern - Intern in Palo Alto, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Silicon Valley Bank as an intern (Less than a year)

    Pros

    Awesome culture and people. Everyone is an expert in their field and will gladly help each other and explain themselves thoroughly.

    Cons

    Internship program does not funnel into a full-time job based on performance necessarily. You need to go through the application process.


  9. "The people are great."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Palo Alto, CA
    Current Employee - Relationship Manager in Palo Alto, CA
    Recommends
    No opinion of CEO

    Pros

    One of the best reasons is the flexibility. The management team is also good at communicating most of the important information to employees.

    Cons

    Not everyone is qualified to be in their current positions and with the market the way it's trending their skills (or lack thereof) will show.

    Advice to Management

    To the management team: know that compensation is generally below market so stay flexible and keep up the positive culture.


  10. "Good company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Palo Alto, CA
    Former Employee - Anonymous Employee in Palo Alto, CA
    Recommends
    No opinion of CEO

    Pros

    Good employees
    Unique business model
    Work Life Balance

    Cons

    Pay not as good as larger banks


  11. "Dissatisfied"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Palo Alto, CA
    Current Employee - Associate in Palo Alto, CA
    Doesn't Recommend
    Approves of CEO

    Pros

    Introduction to silicon valley tech companies

    Cons

    Incompetent people
    No growth
    Terrible atmosphere

    Advice to Management

    Get involved


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