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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 4, 2023

Removal of Flexible Working in dishonest manner

Recommend
CEO approval
Business Outlook

Pros

LBG used to be a great place to work.

Cons

However, the company seems to be on a trajectory to piece by piece remove Employees benefits. They have announced that they will be removing Compressed flexible working arrangements from all Colleagues who currently have such arrangements and have done so in a completely tone deaf and dishonest manner (Saying it is a Pilot when in fact a phased rollout). They are doing this without any regard for the obvious negative impact on Employee morale, mental health, finances and productivity and are completely ignoring the massive outpouring of response from Colleagues to the announcement. They have also stated their intention to continue to advertise new roles externally offering flexible working such as Compressed hours despite this not actually being available to Employees any more.

1.0
Apr 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent flexibility in terms of work life balance. Pay is okay

Cons

Massively declined since I joined. The higher management have instilled a culture of fear through tick-box performance goal, layoffs and yearly skills assessments with the goal of putting people on PIP and replacing them with offshore colleagues. It is a blatant cost-cutting exercise and there is 0 transparency across the organisation. Mistakes are used to build up a case against people in order to eventually replace / get rid of them. Rarely get recognition for hard work because other people (on the business side) commonly nominate each other and ignore the hard work of the engineers. It’s more of a popularity contest than a functional workplace. Socials have been cut down on over time and there’s generally not much effort put in to taking care of staff, especially from a mental health perspective. A model organisation for how not to treat talented engineers. Progression is dreadful and any conversation over pay rises are always rejected. Nothing particularly redeeming about it.

1.0
Apr 10, 2026
Recommend
CEO approval
Business Outlook

Pros

good office location and no more

Cons

Senior leadership and management culture can be very toxic. There is a strong sense that some leaders are actively looking for reasons to push people out rather than support them. Employees often feel they are being unfairly criticised or blamed for issues beyond their control, and concerns are sometimes dismissed or reframed in a way that shifts responsibility onto the individual. The company culture is often talked about but not genuinely practiced. While there is a surface-level message of support and understanding, in reality there is a lack of respect and empathy towards employees. Micro-management is common, and there is little trust given to staff. In situations where employees face personal or health challenges, management may appear understanding initially, but behind the scenes there can be negative discussions and a lack of genuine support. This creates an uncomfortable and insecure working environment where people feel pressured and undervalued.

Viewing 76 - 78 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.