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Lloyds Banking Group

Engaged Employer

Lloyds Banking Group reviews

3.6

62% would recommend to a friend

(7,478 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 7,478 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 Finanzas industry (3.7 stars).

Reviews by job title

7K reviews
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.

2.0
Mar 1, 2024
Recommend
CEO approval
Business Outlook

Pros

Reasonable Salary, good pension and standard benefits package Relatively good work/life balance.

Cons

The pace of change is excruciatingly slow. You can't even blame regulations for it, it's simply down to awful documentation, flakey technology, and years of knowledge simply living in contractors heads. Engaging different teams is just horrendous, with more interest in making sure internal timesheets are full for 35 hours a week, rather than actually delivering worth while solutions for the rest of the bank to use. It's not just technology, business processes too refuse to change. There's no appetite to make any changes to streamline processes or change how colleagues work, meaning we spend years implementing clunky solutions that are ineffective and simply replicate the mistakes of the past. There's a massive lack of trust in us employees too. All changes have to go through close to hundreds of different checks, forums, audits, governance gates, change reviews, workshops, even for relatively simple changes. Not to mention the "2 days a week", expecting employees to simply turn up to the office as early as they can in an attempt to get a desk that has functioning equipment, or a seat in an overfilled office. To add to that lack of trust, very few people I have met will make a decision, or take on any amount of responsibility for an issue. It's a very odd attitude to have in a world where mistakes happen, slopey shoulder syndrome all the way down.

Viewing 25 - 27 of 7,478 Reviews

Glassdoor has 8,893 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.