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Lloyds Banking Group

Engaged Employer

Going downhill rapidly - Product Owner Lloyds Banking Group Employee Review

2.0
Dec 8, 2023
Recommend
CEO approval
Business Outlook

Pros

The people that you work with each day are really good. Genuinely want to do the right thing for customers/colleagues. Pay is decent compared to the market. Benefits package used to be good.

Cons

-constant erosion of colleague benefits -an exclusive club band F and above that you'll only get into if you are a grad (then you're fast tracked) or if you're middle class. No matter what you do if you're not from the right socioeconomic background you won't breach this. Massive split between anyone F and above and those below and a real them and us culture developed that means hierarchy is back with a bang -comms from anyone from exco have to really be analysed as they now hide big changes in Comms. Complete lack of transparency in Communications which has led to organisational wide distrust towards senior leaders -senior leaders have just become yes men to Sharon/Charlie. Genuinely do not know how the people that work for them can look themselves in the mirror each day. Alot of them done so much good work in building trust and engaging colleagues but have shown their true self serving colours in last 18 months. You know who you are. You're a disgrace. -Toxic positivity/company wide gaslighting from Sharon and her cronies. Always the same people putting stuff on LinkedIn saying what a great place it is to work there. It isn't. Don't get sucked in by it. - decisions made on a whim with no data to back it up. Had about 6/7k colleagues asking for data to back changes to workplace attendance/compressed working. They couldn't give it because it doesn't exist. They tried their best to make it up and manipulate a survey about the changes though. -removal/decimation of any colleague listening teams. But I guess if you don't care what colleagues think you dont need the team doing the listening work. -dont value experience. Seemingly going down the route of only wanting you for a few years then move you on for cheaper staff. If you work at Lloyds reading this thinking this isn't true you're either a senior leader and part of the problem, new to the organisation or youve been gaslit. This is how a majority of colleagues feel.

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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