Silicon Valley Bank Reviews | Glassdoor

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Silicon Valley Bank Reviews

Updated February 14, 2018
294 reviews

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3.1
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Silicon Valley Bank President & CEO Greg Becker
Greg Becker
171 Ratings

294 Employee Reviews

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Pros
Cons
  • There is a trade off to work life balance and we have been promised clearer guidance on this point so we await with interest (in 16 reviews)

  • middle management gets more people (in 13 reviews)

More Pros and Cons

  1. "Associate II"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Silicon Valley Bank full-time

    Pros

    Tons of variety in the types of companies we work with

    Cons

    Competitors have better base salaries


  2. "Amazing people, below market pay."

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    The culture and people you work with are unmatched. The bank has the opposite culture of that of big banks. Managers genuinely care about your growth and personal life.

    Cons

    The pay, especially in the Bay Area, is below market. Several employees have left to other financial institutions for higher compensation.

  3. "Great Company to Work For"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Silicon Valley Bank full-time

    Pros

    The company is great and should continue moving in the right direction! The work was easy/boring.

    Cons

    Not much upward growth - lazy/incompetent employees never disciplined.

    Advice to Management

    Remove cancerous employees who have multiple complaints from multiple people - inaction alienates all other team members.


  4. "Senior Associate"

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

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

    Pros

    My immediate team was great. Culture was great but declining around the time I left.

    Cons

    Upper management speak of work/life balance but does not practice it and expects it even less.

    Company appears to diverse but in reality, it is not. A lot of favoritism.

    Advice to Management

    Practice what you preach
    Give recognition where deserved


  5. Helpful (5)

    "PMO - a team in disarray"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in San Francisco, CA
    Current Employee - Project Manager in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Silicon Valley Bank full-time (More than 3 years)

    Pros

    Tasman is an ok office to work in. Good facilities and environment. Most successful are friendly but beware ...... culture on paper is good.

    Cons

    Senior leadership totally suck...... more and more over engineered processes introduced by leadership who do not know the difference between offence and defence. Team afraid to voice opinion.

    No longer a friendly place to work. Most senior directors talk big ...... delivery so lacking.

    Most PMs looking externally due to poor leadership and blame culture..... IT a huge challenge in nearly every project but nothing done to address.

    Advice to Management

    Do we have right senior leadership in my team - no - act and do something about it.


  6. "Great company, great people, great markets served"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Silicon Valley Bank full-time

    Pros

    Focus and dedication to innovation sectors - especially early-stage growth

    Cons

    Dedicated to growth but have not found a balance between offense and defense in an increasingly competitive market across the country.


  7. Helpful (7)

    "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in San Francisco, CA
    Former Employee - Associate in San Francisco, CA
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at Silicon Valley Bank full-time (More than a year)

    Pros

    The company has a great reputation in Silicon Valley and has access to the most interesting and high-profile tech start-ups, which means deal-flow and engagements are top-notch. The people are also very bright and talented.

    Cons

    As much as SVB tries to guise itself as this leading-edge, innovative bank that is changing the world and growing the "innovation ecosystem," the culture and day-to-day is equivalent to a traditional bank. The infastructure and systems are dated, innovation and change is almost frowned upon, and the culture is unhealthy and toxic (it's all about playing the politics game and kissing a** in order to get a promotion). It is also VERY bureaucratic. Lastly, the pay is absolutely horrendous, especially in San Francisco. Everyone at SVB knows they're underpaid by about 10-20% compared to the market average, however, most accept a lower compensation package in hopes of increasing their exit opportunities in 2-4yrs (some folks do go on to prominent VC firms). Overall, would not rec'd working at SVB.

  8. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Corporate Planning Analyst in San Francisco, CA
    Former Employee - Corporate Planning Analyst in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Silicon Valley Bank full-time (Less than a year)

    Pros

    Great Culture and People, great location.

    Cons

    Inexperienced Managers, new location in SF is not as nice.

    Advice to Management

    Manager's training


  9. Helpful (1)

    "Great changes starting to happen"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Analyst in Santa Clara, CA
    Current Employee - Senior Business Analyst in Santa Clara, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great things are happening in technology at SVB. New head of technology hired last summer and she is making much needed changes. We are insourcing critical positions to better support our clients and reducing our dependency on contract staff. These changes require new thinking which is making SVB an innovative workplace.

    Cons

    Change is hard for some and the negative talk gets a bit much. Best advice is to ignore and move forward to support the new IT org.

    Advice to Management

    Keep allowing these changes in Technology. Stay focused on all
    Of the good things and don’t let culture police stall these efforts.


  10. Helpful (3)

    "A Mixed Bag"

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

    I worked at Silicon Valley Bank full-time (More than a year)

    Pros

    Large company with many business lines and divisions provides great networking and learning opportunities. Good employee engagement events at offices outside of corporate HQ.

    I ended up in a division with poor management but would highly recommend other groups to potential employees.

    Cons

    Antiquated IT systems make it hard to keep up with industry peers. Benefits are good but salary is not competitive. Career paths are unclear and there's a lot of HR red tape - it's demoralizing when a promotion is announced but takes six months to actually materialize and doesn't come with a raise. Management sets lofty goals for business lines, but managers fail to help translate these into tangible goals for individual contributors.

    Advice to Management

    Remember that someone who is a good employee doesn't necessarily make for a good manager. Invest more in training first-time and middle management. The Employee Assistance Program is a great benefit, but shouldn't be used as a replacement for actually listening to employee concerns and dealing with workplace issues.


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