Lloyds Banking Group

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

 

Merger limbo.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at Lloyds Banking Group

Pros

Up to 5 Weeks vacation.
Excellent health benefits.
Excellent work life balance - normal business hours.
Despite merger, no layoffs in north america...yet.

Cons

No cash bonus 2008.
Company has been in a state of limbo for the past 9 months post merger.
No new business during past 12 months.
No clear message on what the business plan is going forward.
Employee morale is low.

Advice to ManagementAdvice

1. Figure out what specifically you want the business to do to generate profits.
2. Bring everyone together in one location to tell them the plan.

Doesn't Recommend
No opinion of CEO

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

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  1.  

    Great opportunities ahead if you are proactive.

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

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

    Pros

    The company offers lots of opportunities for training, development and career progression. Most senior management is very open to suggestions and learning; mentoring and job shadowing are encouraged.

    Cons

    The pay is not really top of the range and there is quite a bit of bureaucracy and politics. If you want a promotion you really have to invest time into getting there as it's not the most transparent workplace.

    Advice to ManagementAdvice

    It'd be so much better if development would be more emphasised and if employees were given more lee way to work independantly.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Challenging but rewarding

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lloyds Banking Group

    Pros

    If you are looking for opportunities to make a difference and make your mark LBG is a great place to do it. Yes; we're on a journey and things aren't perfect but the appetite/sponsorship from Senior Managers upwards to improve/simplify shows that we'll get there

    Cons

    Complex/bureaucratic nature of the business but if you take this as part of the role then you can rise above this

    Advice to ManagementAdvice

    Keep sponsoring the change/simplified working practices

    Recommends
    Positive Outlook
    Approves of CEO
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