Lloyds Banking Group Reviews

Cons

No postings for opening for advancing

Cons

no incentives for growth unless lucky enough to be in a group that promotes their team, promotions aren't based on work , knowledge or effort but on who is the favorite and who has the right accent to help the company prosper in the UK. When you see new people get promoted after 2/3 years and individuals who have been working hard for 8 years and still the same title that they started with the company, something is wrong and people need to speak up

Cons

The bank is Very Very bureaucratic, be prepared. Management is not at all appreciative of your work, no leadership skills. No training budget.

Cons

Since Lloyds does not have a huge presence in the US, it was not the highly competitive environment as the big banks, so if I apply to other banks next year I may not be used to their environment.

Cons

Lack of communication in upper management, information does not trickle down to lower teams that do the actual work. Lack of communication between the teams also.
Supporting applications hosted in the UK with management having no knowledge of which of many teams in the UK to reach out to for support.
Many times, you are left on your own to find out.
User base is just as confused thinking the local shop is responsible for support.
Approval process for requesting any type of access too long.
Department head takes 2 hour lunches, comes in only 3 days a week and wonders why his department is in it's current state.
Only complain you'll get for doing your job will be internal, the management in your team.
No opportunity for growth.

Cons

Cost cutting and inconsistencies between departments

Cons

Takeover by lloyds was an absolutely nightmare. Management team arrogantly took over my company with their pompous attitudes. Showed no respect for the existing team. Hated everything about them. They thought they were the better team -not!! The entitlement attitudes of the lbg minions were disgusting. I h ave never ever never ever work for a more bunch of uk self-loathers in all my life. They were lizards in the true form of bluebloods. They are an awful bunch! The con is them!

Cons

They lead you on making you think they are going to put you full time an then they don't. The people ion the team are real stuffy they do not act like a team!

Cons

The career opportunities are very poor. It is extremely rare for an analyst to progress past Assistant Vice President or into any kind of revenue generating position. Every year management boasts about strong performance in North America yet the bonus pool gets smaller and smaller. Not receiving a bonus is not unheard of. Management lacks rudimentary leadership and simply does not engage with staff. Another reviewer said it best: management is entirely focused on landing the next big job back in the UK. Locally hired managers are selected based on how they fall in line and how often they go for drinks with the UK expats. Worst of all, managers who consistently under perform are not replaced unless they get themselves fired by doing inappropriate things at the Christmas party.

Anyone considering Lloyds should continue looking. Do not waste your time. This is a dead end kind of a company. As a former employee, my LinkedIn inbox is constantly filled with requests from former employees to meet and discuss how to get out. Do yourself the favor and don't even get involved with this pathetic group of Pom's.

Cons

Upper management / board level are uncaring, old fashioned and very conservative in their thinking. Not a progressive company.