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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

63% 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
1.0
Nov 23, 2023

Senior Leadership have no clue

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Decent benefits package which they are slowly chipping away at…. AGAIN

Cons

Senior Leadership and CEO’s decisions are running the place into the ground. As others have mentioned, our recent Colleague Engagement Survey results are appalling, yet the SLT have said that they listen to staff but their choice about ‘Ways of Working’ is the right one? Contradicting… Woke values- would rather give the job to someone based on ethnic/ religious/ sexual orientational background, rather than applying common sense and it being the right person for the job, regardless of the above. Tick box exercise to be seen as being ‘diverse’ Lack of common sense used across the board (pardon the pun) the company has done a full circle in the last twelve months and that is purely down to the SLT and CEO. Call me a cynic, but very astute timing for the CES results and a 2 year pay agreement locked in just before the governments Autumn budget announcement. The mind does boggle….

2.0
Jul 19, 2023
Recommend
CEO approval
Business Outlook

Pros

Pension is very good (6% = 15% match) A lot of the benefits (which havent been cut yet) are also very good (maternity/sick leave etc) Base pay is also very good, especially if you have a few years of experience Thankfully the role is genuinely 9-5 (for now)

Cons

Sudden changes to flexible working & terms should scare anyone away Removal of genuinely industry leading flexibility (compressed hours, WFH and so on) Easy to get mired in red tape & ‘computer says no’ mentality Legacy prevents the place from moving forwards Too many people have been at Lloyds for too long, leading to stale thinking and hesitancy to progress the place Most of the offices are in a very poor state, with the main ‘hubs’ taking all of the attention - in reality most offices are in serious need of improvement.

1.0
Apr 23, 2025

Avoid

Recommend
CEO approval
Business Outlook

Pros

Good pay, shares , BUPA,

Cons

Senior management poor,, constant restructuring, high speed outsourcing, no job security. Don’t choose Lloyds if you want any ounce of job security. They are constantly restructuring, colleagues are always wondering when it’s their turn because we know it’s coming! They can now manage you out the door in 8 weeks. You’re stuck in a role for 12 months and can’t apply for anything else internally, this isn’t good if you realise the jobs not for you or your manager is a bully. You are in the office all day sat next to other people all on teams calls, it’s so noisy you can’t hear yourself think and all in the name of collaboration! People are just miserable the morale is low, leaders just don’t care. Outsourcing at high speed to India. If you are placed ‘at risk’ you don’t get any extra credit to secure a new role, Sharon has made it clear she prefers new blood in the group not old wood maybe that’s why, they want external people. People are very, very disposable, you might come to the group and it’s all good but be warned you’ll be treated like the rest of us in no time.

Viewing 16 - 18 of 7,476 Reviews

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