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

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Seems like a typical slightly old-fashioned, stuffy corporate environment

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

I have been working at Lloyds Banking Group full-time (Less than a year)

Positive Outlook
Approves of CEO
Positive Outlook
Approves of CEO

Pros

Good work/life balance (for most people at least), generous support for professional qualifications. Very positive aspirations, currently successful and on an upward trajectory. The "nice" bank which actually purports to genuinely care about its customers, and also currently the most profitable bank in the UK.

Cons

Poor or inexistent in-house training, excessively hierarchical atmosphere, highly bureaucratic and process-driven approach, opaque performance management and career progression

Advice to Management

Remove some layers, change the culture from one where senior people only seem to talk to their superiors and "direct reports" (an ugly phrase), and give people the opportunity to prove themselves and progress

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  1. Good Company but company

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lloyds Banking Group

    Pros

    Good culture, hard working, fast growing

    Cons

    Politics means the best do not rise to the top.

    Advice to Management

    Get rid of politics

  2. Helpful (1)

    Constant restructuring

    • 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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    There are still colleagues who do their best in a very challenging environment

    Cons

    Attitude of staff has changed substantially making it difficult to get things done;
    Lack of clear structure to career path and lack or rewards

    Advice to Management

    Please think restructures through more before implementing them to avoid more restructures shortly after and communication to lower level of staff should be improved

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

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