Lloyds Banking Group

www.lloydsbankinggroup.com
There are newer employer reviews for Lloyds Banking Group

 

Large organisation making it quite bureacratic

Former Employee - Anonymous Employee
Former Employee - Anonymous Employee

I worked at Lloyds Banking Group

Pros

Good salary and opportunity to work in varied settings with talented people. Provides graduates with a good training in the corporate environment.

Cons

Working hours can be long if there are project deadlines and line managers can be difficult to work with. Acceleration through the company in terms of merit or performance is not as dynamic as other organisations.

293 Other Employee Reviews for Lloyds Banking Group (View Most Recent)

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  1.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Compliance Manager in London, England (UK)
    Current Employee - Compliance Manager in London, England (UK)

    I have been working at Lloyds Banking Group full-time (more than 3 years)

    Pros

    Flexible place to work with great opportunities

    Cons

    Low Base salaries but good flexible benefits

    Advice to ManagementAdvice

    Nothing

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Lloyds to not, up to you!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Developer in Edinburgh, Scotland (UK)
    Former Employee - Senior Developer in Edinburgh, Scotland (UK)

    I worked at Lloyds Banking Group full-time (more than 3 years)

    Pros

    Good package and bonus can be good for some.

    Cons

    Review process - Behavioral Scoring as they call it and the bell curve which means that within any team there should always be a percentage that exceed, meet and, fail to deliver as expected. For the lucky few this can be very rewarding but not for the majority as your not so much rated on your own performance but that of any other colleague, that's anyone in a similar roll to you anywhere in the organization, as if you are in a team were you are head and shoulders above the rest nice bonus for you, but not so if you are in a team of equally talented individuals. It's way to easy for management to justify whatever mark they have decided to give you, helps if your face fits or your good friends with your line manager! It is supposed to spur you on to be as good as the individual your were marked against but if you have bust you ass for the last 6 months, gone out your way, above and beyond whatever ... things the used to give you a good rating, it can be very de-motivating.

    Off sharing - If you are a developer who doesn't want to spend his days reviewing work delivered from off shore (a lot of poor quality work it has to be said), then Lloyds isn't the place for you, their IT policy at the moment is off shore all development and support, hard to stay on top of your development skills when your not going to be doing any development!

    Advice to ManagementAdvice

    Go back to reviewing people on how they have performed over the year.
    It's most likely way to late as too many have already been made redundant but undo the damage done to your IT teams, also get the support of your business critical applications\systems back on shore before an RBS happens.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
There are newer employer reviews for Lloyds Banking Group

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