Lloyds Banking Group

www.lloydsbankinggroup.com
Employer Engaged

Lloyds Banking Group Reviews

Updated March 1, 2015
Updated March 1, 2015
306 Reviews
2.9
306 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lloyds Banking Group CEO António Horta-Osório
António Horta-Osório
121 Ratings

Review Highlights

Pros
  • Work Life Balance and opportunity to change jobs/roles inside the organisation (in 43 reviews)

  • Business facing teams are good people , wanting to make a difference (in 13 reviews)


Cons
  • Therefore work life balance is terrible for any half competent finance colleague (in 10 reviews)

  • senior management often out of touch and set unrealistic targets (in 13 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Poor leadership, aggressive with little reflection back to organisational values

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Direct Report to An IT Integration Director in London, England (UK)
    Former Employee - Direct Report to An IT Integration Director in London, England (UK)

    I worked at Lloyds Banking Group

    Pros

    Great business, exciting environment, great people who want to be led and valued

    Cons

    Leadership driven by results not the customers, it's all about £'s

    Advice to ManagementAdvice

    Invest in and development world class people leaders, live your values

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2.  

    Good company to work for

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

    I worked at Lloyds Banking Group full-time (more than 10 years)

    Pros

    Clear strategy, leadership, direction, innovative

    Cons

    This is a very big group and unless you network well you will struggle to excel in your career

    Advice to ManagementAdvice

    go back to basics

    Recommends
    Positive Outlook
  3.  

    Good work-life balance

    • 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

    - Friendly atmosphere
    - Good work-life balance

    Cons

    - Not enough advancement opportunities

    Recommends
    Neutral Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Lloyd

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

    I worked at Lloyds Banking Group

    Pros

    Friendly people, given lots of responsibility from an early stage with a reasonable work life balance

    Cons

    Not very aggressive stance within the market, resulting in opportunities being passed up. Sometimes junior staff are not appreciated / rewarded as they would hope

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Collateral Analyst

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

    I worked at Lloyds Banking Group

    Pros

    Some departments have a completely different ethos and promote talented staff. Company values if adhered to are strong and enthuse their staff.

    Cons

    No work/life balance, 11 hour days are appearing to be the norm and not the exceptional. Bullying culture, and very toxic environment.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  7.  

    Pretty good but rather unorganised

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

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

    Pros

    Working in branch the main benefit is working with good people, management are extremely helpful. Perks such as bank accounts etc are good.

    Cons

    Other departments of the bank seem to be running inefficiently and always have to wait an age to speak to people. Systems are old and slow.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8.  

    Great company to work with

    • 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

    Work life balance is great

    Cons

    Could be a bit stressful

    Recommends
    Positive Outlook
  9.  

    Good

    • 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 (more than 3 years)

    Pros

    Excellent package, good people, many locations

    Cons

    Old fashioned, slow to change,

    Recommends
    Positive Outlook
  10.  

    Non negotiable 20% pay cut..

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

    I worked at Lloyds Banking Group

    Pros

    Working with ambitious, intelligent individuals.

    Cons

    Very poor management and communication skills.

    Doesn't Recommend
    Approves of CEO
  11.  

    Look Somewhere Else!!!

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

    I have been working at Lloyds Banking Group

    Pros

    Most departments work 9 to 5 and do not work weekends.

    Cons

    You will never get a real raise or a real bonus and you most likely never get promoted. The pay is way under market. The HR department is HORRIBLE (Payroll is wrong; Health benefits keep getting worse; and most of them are very rude). I have even heard the CFO state “I you don’t like, go work somewhere else”. That just tells how bad the leadership is in North America. It can be a hostile work environment and the senior staff does not realize it, either because they do not care or the people acting hostile only act this way to lower level staff or fawn over staff that is a higher level than them.

    Advice to ManagementAdvice

    Learn to lead... If you do not know how to develop and mentor people you shouldn’t be leading them. Learn how bad a turnover rate impacts your industry.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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