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Safe and reasonable if you're willing to put in the work

  • Career Opportunities
Current Employee - Project Manager in Edinburgh, Scotland (UK)
Current Employee - Project Manager in Edinburgh, Scotland (UK)

I have been working at Lloyds Banking Group full-time (More than 8 years)

Pros

Reasonably secure despite market. Pay has been upgraded recently at manager / associate director level. Decent perks & holidays. For a PM there is generally flexibility on working hours, location etc.

Cons

Pay is still lower than some of the competition - be prepared for a consultant reporting to you on twice your salary (not contractor). There are definite differences between the divisions & roles in terms of expectation and reward. Flexibility is a strength but too much still depends on local managers expectations / bias.

Advice to Management

Keep doing what you're doing but it will take a while to earn trust. There is a lot of change fatigue - consider it non-critical changes could be phased to avoid disengagement, particularly organisational change.

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  1. Challanging

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Data Analyst in London, England (UK)
    Former Contractor - Data Analyst in London, England (UK)

    I worked at Lloyds Banking Group as a contractor (More than a year)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    You get to work with professionals who usually really know what they doing. They are very friendly and will help you a lot to get the team doing their best.

    Cons

    In their current position this company is a shadow of they used to be. Redundancies were very often and many people were afraid of losing their jobs soon.

    Advice to Management

    Just keep doing what you do. It's the economy not you that is doing bad.


  2. In IT area, good opportunities but not if you're a programmer due to outsourcing

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Consultant in London, England (UK)
    Former Employee - IT Consultant in London, England (UK)

    I worked at Lloyds Banking Group full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Good working environment in IT area and can be a good package if you are considered to be an above average performer

    Cons

    Bloated appraisal process that isn't as objective as it pretends to be; laddering takes place but management denies that it does or isn't very open about it!
    Outsourcing IT to India
    Complex IT environment as a result of multiple mergers

    Advice to Management

    Value your people more


There are newer employer reviews for Lloyds Banking Group
There are newer employer reviews for Lloyds Banking Group

See Most Recent

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