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Lloyds Banking Group

Engaged Employer

Lloyds Banking Group reviews

3.6

62% would recommend to a friend

(7,476 total reviews)
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Charlie Nunn

64% approve of CEO

57% positive business outlook

Lloyds Banking Group has an employee rating of 3.6 out of 5 stars, based on 7,476 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Lloyds Banking Group employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

Reviews by job title

7K reviews
2.0
Dec 8, 2023

Going downhill rapidly

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.

1.0
Sep 26, 2023
Recommend
CEO approval
Business Outlook

Pros

Still some good people to work with, line managers are good if you are in the right place.

Cons

Recent changes by senior team have shown that they do not care about individuals or the loyalty shown to LBG over the years. Very poor communication implementing enforced return to office 2 days per week, irrespective of whether it is appropriate for an individual, also taking away compressed hours even though many have had them for years. Due to enforced attendance, there are not enough desks for those who need to collaborate to do so, or the available desks are spread out, any joined up thinking from SLT left the building when CEO joined. Promotion is not based on merit and long-serving staff are not appreciated as they are seen as a liability.

1.0
May 30, 2023
Recommend
CEO approval
Business Outlook

Pros

The people on the ground, good team collaboration, genuinely want to provide excellent customer service.

Cons

The removal of flexible working. Everyone can only work 7 hours a day now , no compressed working anynore and also if you are part time now can only work 7 hours a day, so if you work 24hrs a week. You either work an extra day to make up the 3 hours or cut your hours to fit, loosing income on top everything else. Lower grades (entry roles) are paid poorly for what they are expected to do, they just put more and more onto you and call it development, but with now extra pay or progression. Office politics are bad, You won’t progress unless your face fits! LBG have lost its trust in thousands of colleagues with one size fits all approach to flexible working. This negatively impacts women mostly as they mostly look after children. So don’t do it. I’m sure you will get better and a more forward thinking employer as LBG have gone back to the dark ages.

Viewing 43 - 45 of 7,476 Reviews

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