Does Lloyds Banking Group pay their employees well?

According to anonymously submitted Glassdoor reviews, Lloyds Banking Group employees rate their compensation and benefits as 3.9 out of 5. Find out more about salaries and benefits at Lloyds Banking Group. This rating has improved by 2% over the last 12 months.

How satisfied are employees working at Lloyds Banking Group?

62% of Lloyds Banking Group employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Lloyds Banking Group 3.7 out of 5 for work life balance, 3.5 for culture and values and 3.3 for career opportunities.

What are the top reviewed jobs at Lloyds Banking Group?

Customer Service Representative (230) , Customer Service Advisor (173) , Manager (169) , Project Manager (166) , Business Analyst (165) , Senior Manager (159) , Analyst (134) , Customer Service (122) , Customer Advisor (121) , Software Engineer (117) , Customer Service Assistant (88) , Associate Director (77) , Banking Consultant (61) , Product Owner (59) , Assistant Manager (58)

What are the pros of working at Lloyds Banking Group according to real employee reviews?

"Good benefits from the company for example bupa health care and packages for dental health care." ((in 580 reviews)); "Great people if you are fortunate to land in one of the few actually great areas of the bank." ((in 559 reviews)); "Great culture and mentoring all around" ((in 424 reviews)); "Some colleagues were great and they were the only reason I stayed for so long." ((in 348 reviews)); "Good pay and conditions at work." ((in 329 reviews))

What are the cons of working at Lloyds Banking Group according to real employee reviews?

"Working in a branch with limited number of people and poor management is not a place you like to be when there is constant pressure." ((in 323 reviews)); "You’re monitored by card swipe data and managers have a dashboard which tells them the current percentage you are at for the rolling 4" ((in 172 reviews)); "No career progression opportunities unless you're a graduate or come from an ethnic minority or can BS your way through an interview." ((in 131 reviews)); "Long hours and not for everyone" ((in 129 reviews)); "Senior leadership have no idea which way they are turning and do things off a hunch." ((in 83 reviews))

What are employees saying about Lloyds Banking Group layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Lloyds Banking Group layoffs and their outlook for job security at Lloyds Banking Group in 2026.

Lloyds Banking Group reviews

3.6

62% would recommend to a friend

(7,476 total reviews)

Charlie Nunn

64% approve of CEO

57% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (7,476 reviews)

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

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

1.0

May 8, 2024

A Car Crash

Senior data analyst

Recommend

CEO approval

Business Outlook

Pros

Some great colleagues, package ok

Cons

Awful culture here right now. Senior Managers (I’m intentionally avoiding the word “leaders”), in particular CEO and HR Director are so far removed from the coal face they’re carving up the business and causing mayhem. All under the badge “transformation”. But McKinsey obviously didn’t teach the CEO how to manage people, hence why engagement has plummeted and his rating on here is below 50%.

1.0

Mar 17, 2024

Broken culture

Anonymous, head office

Recommend

CEO approval

Business Outlook

Pros

Some of the people here are great

Cons

Sharon Doherty and Charlie Nunn seem to be falling over themselves to create a hostile culture. Pay is low, pressure is high, the beauracracy crippling and how I am supposed to deliver with zero budget is beyond me!

2.0

Jan 16, 2024

Pay well but lots of backwards working practices

Data engineer

Recommend

CEO approval

Business Outlook

Pros

Good salary Some working benefits Pension contributions Development and training opportunities

Cons

Insisting on return to office but don't have enough space or parking, removed bus services to offices, no tangible benefits identified for this decision so seems pointless to most employees but criticism goes unheard. Decision goes against the sustainable goals of company. Removed right to compressed hours, taking equitable opportunities away from people with children and disabilities. Direct line management have been great, but SLT are out of touch. Internal comms is filled with buzzwords and spiel, but are not honest with staff for many important decisions affecting most employees.

Viewing 49 - 51 of 7,476 Reviews

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Jobs at Lloyds Banking Group

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Vice President, Software Engineer, North America