Lloyds Banking Group

  www.lloydsbankinggroup.com
  www.lloydsbankinggroup.com

Lloyds Banking Group Reviews

Updated October 15, 2014
Updated October 15, 2014
200 Reviews
3.1
200 Reviews
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Lloyds Banking Group CEO António Horta-Osório
António Horta-Osório
101 Ratings

Review Highlights

Pros
  • Work Life Balance and opportunity to change jobs/roles inside the organisation (in 29 reviews)

  • Work/life balance is good, as are benefits and salary (in 6 reviews)


Cons
  • Therefore work life balance is terrible for any half competent finance colleague (in 8 reviews)

  • Highly doubtful that Senior management knows anything but the salaries for most people who work here (in 12 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Nice company culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Pricing Analyst in Bristol, CT
    Former Employee - Pricing Analyst in Bristol, CT

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

    Pros

    Good work/life balance
    Great people
    great opportunity to move around the company

    Cons

    constantly changing leadership
    lengthy approvals for projects

    Advice to ManagementAdvice

    focus more on empowering your people, micromanagement is not the way forward

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Awful employer.

    • 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

    Reasonable benefits, as company is so large. Share save.

    Cons

    Huge bullying culture exists within the company.

    Advice to ManagementAdvice

    Stop the bullying

  3.  

    Poor I.T. Staff.

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

    I worked at Lloyds Banking Group

    Pros

    Pay was good with overtime paid for and great location in the city.

    Cons

    I have never seen the way engineers manage a network so poorly for a financial firm like I did at Loyd Bank. Outages happened everyday, changes were done without change controls and even in the middle of the day, no redundancy within their network enviornent for resiliency and poor network planning. The PM there is not educated on basic network technology and has a poor understanding of planning a I.T project for deployment.

    It's the worst technology group for a financial bank.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
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  5.  

    HR Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Analyst in New York, NY
    Former Employee - Human Resources Analyst in New York, NY

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

    Pros

    Friendly culture and management is easy to approach.
    New york office is small so you get exposure to many areas of business.

    Cons

    Compensation is average and compared to its peers terrible.
    NYC office trying to be what they can't be without home office (London) help. NYC is merely a transactional arm of their European business.
    A lot of turnover from good people leaving.
    Layoffs are handle poorly.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Lack of opportunities and flexibility

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Collector in Cardiff by the Sea, CA
    Former Employee - Collector in Cardiff by the Sea, CA

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

    Pros

    Good location in the centre of town just behind cardiff central station, nice modern office with good facilities (gym, coffee shop etc.) friendly staff

    Cons

    Wages below market average, lack of opportunities, promotions based on length of service and who you know rather than level of skills. Due to size of company and number of levels of management it seemed difficult to make any real change

    Advice to ManagementAdvice

    Delegate more, remove layers and give more power to middle management to influence positive change

    Doesn't Recommend
    Neutral Outlook
  7.  

    Disappointing. There's lot of potential if you are English.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in New York, NY
    Current Employee - Assistant Vice President in New York, NY

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

    Pros

    Lots of downtime. Majority of staff work from 9 to 5. Very few people will bother you. There is unrestricted wifi. Convenient office location.

    Cons

    Very little to do business wise and when there is something to do, it is really difficult because there is a significant lack of trust between the UK & US.
    Employees in the UK view employees in the US as inferior and employees in the US view employees in the UK as lazy.
    Highly doubtful that Senior management knows anything but the salaries for most people who work here. Lloyds in North America is a boondoggle for expats who live in shiny towers around Columbus Circle while most of the workforce commutes in from New Jersey, Staten Island, and Long Island.

    Advice to ManagementAdvice

    Employee compensation is significantly below average. There too much focus on survey results and local management will do everything but fill out the survey to make sure your response puts them in a positive light at the expense of truth.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 1 person found this helpful  

    Very conservative, very limited international appetite

    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY

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

    Pros

    Great team. Big expat culture. Socially a fun place to work.

    Cons

    Limited career opportunities. Senior positions always filled externally vs within.

    Advice to ManagementAdvice

    Listen to your employees that are in the field vs management

  9.  

    ok

    • 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 full-time

    Pros

    It was overall a good experience, except my job was boring. Should have been selective in choosing the team.

    Cons

    really small company, not much scope for progress

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Awesome place to work yah

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Change Manager in Edinburg, TX
    Current Employee - Change Manager in Edinburg, TX

    I have been working at Lloyds Banking Group as a contractor (less than an year)

    Pros

    Canteen is great, love the food

    Cons

    Toilets very bad don't go the

    Advice to ManagementAdvice

    Lead

    Recommends
    Neutral Outlook
    Disapproves of CEO
  11.  

    just like any other bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Manager in New York, NY
    Former Employee - Project Manager in New York, NY

    I worked at Lloyds Banking Group full-time

    Pros

    small office with visibility of all senior stakeholders and programs in place to meet everyone in the organization.

    Cons

    UK focused bank with a lot of attention given to central reporting, which distracts from driving business in the US.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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