Devil's Playground - Anonymous employee Silicon Valley Bank Employee Review

1.0
23 Jun 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

SVB has provided good wfh options since the pandemic struck. Compensation can be awesome and workload laughably light, if you can make the right executive happy. Advancement opportunities for the unethical abound. New employees who have integrity are a constant supply of easy targets for the opportunistic. If all you care about in life is money; if lying comes easy as breathing for you; if you are skilled in the art of making executives feel good about themselves, despite their painfully obvious incompetence; if you live a life untroubled by pangs of conscience, regardless of the impact of your actions: congratulations - you've found your home at SVB!

Cons

The much-hyped "company values" at SVB are emphatically not the things they actually value as a company, and are never used by managers as a tool to reflect upon their own actions. Rather, these empty phrases are regularly wielded as a whip against recalcitrant underlings - as in, "You aren't showing an open mindset." Discussions around salary are actively discouraged, in a variety of disingenuous ways. There's a reason for this. Discuss salaries with your coworkers, you'll be glad you did. You will be required to slide lucrative contracts to SVB clients, who are given every advantage during the bidding process. Choosing to award a contract to a non-client will have severe career repercussions, as this indicates you aren't a "team player". Despite having signed on to the mental health advocacy group One Mind At Work's seminal mental health charter, SVB HR remains actively antagonistic towards the neurodiverse as official practice. If you have a mental health condition of any kind, do NOT self-disclose to anyone at SVB, under any circumstances. SVB's bread and butter are the wealthiest of the wealthiest people on the planet. Working for SVB means working to further the interests of those people. Ask yourself if that's how you really want to spend your time on earth.

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Silicon Valley Bank Response
4y
Thank you for sharing your experience. We’ll be sharing your feedback with our HR team. Know there are a few ways employees can report Code of Conduct concerns, including the option to report anonymously through EthicsPoint.

Explore other reviews about Silicon Valley Bank

5.0
9 Jun 2026
Recommend
CEO approval
Business outlook

Pros

- Great Pay - Great People

Cons

- Post FCB Migration - Things have slowed down

1.0
31 Mar 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Pre-2023, excellent culture and team environment, strong compensation and bonuses, and generous budgets that supported employees well.

Cons

Since the 2023 bankruptcy, the company has struggled to regain its identity. There has been significant turnover in senior leadership, and much of the experienced management team has departed. This has led to inconsistent direction, frequent misalignment between leadership messaging and execution, and a noticeable decline in employee confidence. Compensation, bonuses, and career progression opportunities have become less competitive, and overall employee support has diminished. The organization now feels more like a rebranded extension of First Citizens rather than the distinct institution it once was. There is also an over-layering of management, with too many overlapping roles and unclear accountability, which slows decision-making and creates unnecessary complexity. Finally, the company has lost much of its competitive edge post-2023, with ongoing client attrition and reputational challenges that employees are left to address without clear strategic direction.

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