Skip to contentSkip to footer
      employer cover photo
      employer logo
      employer logo

      Lloyds Banking Group

      Engaged Employer

      Lloyds Banking Group reviews

      3.6

      62% would recommend to a friend

      (7,477 total reviews)
      avatar

      Charlie Nunn

      64% approve of CEO

      57% positive business outlook

      Ratings by category

      3.9

      Compensation and benefits

      3.8

      Diversity & inclusion

      3.7

      Work/Life balance

      3.5

      Culture & values

      3.3

      Career opportunities

      3.0

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      7K reviews
      3.0
      Jun 6, 2009

      Lack of opportunity

      Project manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      exposure to interesting work and challenging situations. Competence of senior management Terms and conditions for longer served colleagues Flexible approach to working hours provided you work hard

      Cons

      The business is very focused on cost cutting and this stifles thinking and imaginitive solutions Lack of promotion opportunities in non-core business units Long hours Tendency for small thinking and very UK centric Over reliance on MBA style management, buzz words aplenty!

      2.0
      Jun 5, 2009

      Merger limbo.

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Up to 5 Weeks vacation. Excellent health benefits. Excellent work life balance - normal business hours. Despite merger, no layoffs in north america...yet.

      Cons

      No cash bonus 2008. Company has been in a state of limbo for the past 9 months post merger. No new business during past 12 months. No clear message on what the business plan is going forward. Employee morale is low.

      4.0
      Mar 23, 2009

      A great place to work, but don't expect a to get anywhere in a rush!

      Assistant manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Lloyds TSB looks after it's employees well by creating decent benefits packages (with in-house advice) plenty of holiday, flexible benefits (4% on top of salary to use on perks or take as cash). Good work environment with an emphasis on Work-Life balance and understanding of the individuals requirements for development. Lloyds should become a stronger entity post integration if it can apply its risk averse framework to the HBOS entity. There is a strong underlying structure, with planned investment on IT systems likely to bring them right up to date. Lloyds long term trading strategy should see them through the recession, and in general the long tenures of the workforce will mean that the lessons learned will not be forgotten quickly.

      Cons

      It's difficult to tell what the downsides will be in a years time (2010), but currently the key one for me would have to be the slow consulatative culture which means that 3 month projects can take 6 months (meetings about meetings). The lack of attrition of staff can be a positive when considering lessons learned, but it also limits the amount on new and fresh ideas that come into the business as job rotation is never likely to happen in less than 18 month or (more likely) 2 years. The lack of Due Diligence on the HBOS assets has been a widely publicised issue and although most of the write-downs were expected, it is slightly concerning that the board did not allow time to pick this up.

      Viewing 7471 - 7473 of 7,477 Reviews
      Related searches: Lloyds Banking Group jobs | Lloyds Banking Group salaries | Lloyds Banking Group benefits | Lloyds Banking Group interviews | Lloyds Banking Group conversations
      ReviewsLloyds Banking Group 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.