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Lloyds Banking Group

Engaged Employer

Avoid… on a downhill trend - Software Engineer Lloyds Banking Group Employee Review

1.0
Apr 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent flexibility in terms of work life balance. Pay is okay

Cons

Massively declined since I joined. The higher management have instilled a culture of fear through tick-box performance goal, layoffs and yearly skills assessments with the goal of putting people on PIP and replacing them with offshore colleagues. It is a blatant cost-cutting exercise and there is 0 transparency across the organisation. Mistakes are used to build up a case against people in order to eventually replace / get rid of them. Rarely get recognition for hard work because other people (on the business side) commonly nominate each other and ignore the hard work of the engineers. It’s more of a popularity contest than a functional workplace. Socials have been cut down on over time and there’s generally not much effort put in to taking care of staff, especially from a mental health perspective. A model organisation for how not to treat talented engineers. Progression is dreadful and any conversation over pay rises are always rejected. Nothing particularly redeeming about it.

Explore other reviews about Lloyds Banking Group

5.0
Sep 9, 2025
Recommend
CEO approval
Business Outlook

Pros

Collaborative, friendly, inclusive, diverse and committed to driving innovation and change

Cons

Too many layers of management at times

3.0
Jul 7, 2025
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good culture in the firm

Cons

None come to the mind

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