Lloyds TSB
3.5 of 5 55 reviews
www.lloydsbankinggroup.com London, United Kingdom 5000+ Employees

Lloyds TSB Reviews

Updated May 15, 2014

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3.5 55 reviews

                             

33% Approve of the CEO

Lloyds TSB Group Chief Executive António Horta-Osório

António Horta-Osório

(12 ratings)

68% of employees recommend this company to a friend
55 Employee Reviews
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Review Highlights

Pros:
  • "I believe there are many benefits to the role, such as work/life balance is very good"
    in 12 reviews
  • "Good friendly relaxed work environment"
    in 4 reviews
Cons:

Reviews

    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
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    Intern

    Anonymous Employee (Former Employee)
    New York, NY

    ProsGreat learning environment for internship.

    ConsVery few full-time opportunities available after internship.

    Yes, I would recommend this company to a friend

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    • Culture & Values
           
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    Dissapointing

    Anonymous Employee (Former Employee)
    New York, NY

    ProsSharp talented team, certifications and trainings fully paid

    ConsLots of re-organizations, morale is very low.

    Advice to Senior ManagementValue employees feedback more and allow US employees to be in Senior Management positions.

    No, I would not recommend this company to a friend

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    • Culture & Values
           
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    Good place to learn

    Anonymous Employee (Former Employee)

    ProsLloyds has a fantastic environment filled with great people.

    ConsNone really, the company is growing rapidly.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
           
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    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           

     

    God place to work

    Vice President Governance and Compliance (Former Employee)
    New York, NY

    ProsCompetitive pay, benefits, 401k program

    Conslack of investment in the business

    Yes, I would recommend this company to a friend

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    • Work/Life Balance
           
    • Senior Management
           
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    • No Opinion of CEO

     

    Manage small accounts, assist RM in big accounts. Pretty much to the dirty work for the assigned RM.

    Banking Officer (Current Employee)
    Miami, FL

    ProsYoung energetic crowd mainly. Flexible with time off.

    ConsRM against RM all thinking they are IT.
    Front Office turnover, to much.
    Upper Management is always changing the rules.

    Advice to Senior ManagementSet the rules and stick to them, at least for more than a month!

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    • Work/Life Balance
           
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    • No Opinion of CEO

     

    Merger limbo.

    Anonymous Employee (Current Employee)

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

    ConsNo 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 Senior Management1. 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.

    No, I would not recommend this company to a friend

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    • Culture & Values
           
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    • Disapproves of CEO

    1 person found this helpful  

    Drama queens

    Fool (Current Employee)
    London, England (UK)

    ProsIt was a bank - good for CV. IT team great

    ConsMangement, director and treatment of staff

    Advice to Senior ManagementGo do one

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Culture & Values
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Approves of CEO

     

    Great company to wok for

    Financial Advisor (Former Employee)
    London, England (UK)

    ProsGreat financial perks if you work hard

    ConsHorrendous hours. You get out what you put in. A lot of office politics. Every man for himself mentality. Such is banking so get over it.

    Advice to Senior ManagementGet rid of lazy workers for a more efficient workforce.

    Yes, I would recommend this company to a friend

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    • Culture & Values
           
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    Like all banks it's all about sales

    Manager (Current Employee)

    ProsStarting at the bottoms there can be lots of promotion opportunities. If you love selling, then retail banking can be a great place to work

    ConsLimited progression once in management. We talk about service but are managed to sales.

    Advice to Senior ManagementThere's lots of talk about service and what customers need. But it is still all about the sales. Can we build a bank that is once again trusted by the public, a bank where customers are not suspicious about us as they feel we keep trying to sell them something?

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

     

    Very political at senior levels

    Credit Manager (Former Employee)
    London, England (UK)

    ProsGood work-life balance and great personal development opportunities.

    ConsPolitical charged atmosphere and a wide-spread, nasty 'blame-culture' that really demotivates people.

    Too many changes to business model since the financial crisis

    Advice to Senior ManagementPick a strategy and stick with it.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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Glassdoor is your free inside look at Lloyds TSB reviews and ratings — including employee satisfaction and approval rating for Lloyds TSB CEO António Horta-Osório. All 55 reviews posted anonymously by Lloyds TSB employees.