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Lloyds Banking Group

Engaged Employer

Lloyds Banking Group reviews

3.6

62% would recommend to a friend

(7,477 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 7,477 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 17, 2023

Avoid!

Recommend
CEO approval
Business Outlook

Pros

The people and mid management are great

Cons

Unfortunately the senior leadership team have completely lost touch with reality. The world has moved on since the Covid pandemic. Now the SLT have decided to completely eradicate the goodwill and trust they built up with colleagues throughout the last 3 years in one fell swoop with draconian rules on being in the office, removing compressed hours and dressing it all up as a “new deal”. The bank have watched as middle management hired talent from around the uk regardless of location, due to the ability to WFH. These colleagues are now left stranded - I changed from a branch based role, with a branch 5 minutes from my home address… to a risk function on the basis that I live 100+ miles from my nearest office/hub location. I am now mandated to attend said office twice a week, which will cripple me financially, destroy my work life balance and put untold pressure on my family. This is not what I signed up for. Colleague morale is at an all time low. If I could rate “senior management” lower than 1 star, I would.

1.0
Oct 14, 2025

Awful place to work since Lloyds took over

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Reward package Majority of colleagues in direct team although some would sell their granny to get ahead

Cons

* Constant roundabout of redundancies * Performance management system recently announced by CEO to get rid of underperformers & replace with 'new blood' rather than trying to help the underperformers perform well * No support from management when being made redundant * No flexible/compressed working. It's 7 hours a day, 5 days a week. Like it or leave. * HR director is vile * CEO no better * Annual & pulse surveys do nothing to sort out the unease or uncertainty felt by the majority of colleagues * No feeling of community anymore. Management are out for themselves rather than supporting their direct reports

2.0
Apr 27, 2024

Gone downhill

Recommend
CEO approval
Business Outlook

Pros

Such a large company that you can stay there for years and move around and still have an interesting and varied career

Cons

New HR director is awful, is trying to get rid of flexible working and therefore make life difficult for parents and carers. This is a sexism problem from a company that claims to be inclusive. The bank is a mess now - lots of great people getting made redundant and being replaced by new people that don’t have a clue what they’re doing so we are losing a lot of important tacit knowledge. Many great people who have been an asset to the company are also a flight risk because the new culture is making them unhappy.

Viewing 67 - 69 of 7,477 Reviews

Glassdoor has 8,892 Lloyds Banking Group reviews submitted anonymously by Lloyds Banking Group employees. Read employee reviews and ratings on Glassdoor to decide if Lloyds Banking Group is right for you.