Lloyds Banking Group Reviews
Updated Jun 2, 2023
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Top Review Highlights by Sentiment
- "Great people if you are fortunate to land in one of the few actually great areas of the bank." (in 350 reviews)
- "Working in a branch with limited number of people and poor management is not a place you like to be when there is constant pressure." (in 209 reviews)
- "Too many managers have got their jobs by knowing the right people instead of being competent in their role." (in 113 reviews)
- "Their is no career progression unless friendly with staff aside from that they couldn't care less." (in 95 reviews)
Ratings by Demographics
This rating reflects the overall rating of Lloyds Banking Group and is not affected by filters.
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- Former Employee★★★★★
Pros
Really friendly work environment supportive
Cons
Unclear structure depending on team
- Current Employee, less than 1 year★★★★★
Pros
Work life balance, good culture
Cons
Low compensation compared to the market
- Current Employee, more than 3 years★★★★★
Some positives, mostly negative for the US
Sep 14, 2022 - Senior Manager in New York, NYRecommendCEO ApprovalBusiness OutlookPros
Limited positives as I found the company under staffed , overworked and general demotivated. The work life balance is comparable to most similar sized companies, so hybrid is allowed and used. Management did a great job as promoting growth in the US but I saw the company shrink headcount by 15% in the 3 years I was there.
Cons
US Branch is small, less than 250 staff, plenty of work, but teams are overworked so limited engagement from staff. Management is largely junior level people promoted to senior roles, so many lack experience. The CEO is also new to role with no prior experience working at this level. Seemed to fall into the role as the best candidate due to no other candidates available. Lots of good lower level staff but many were leaving due to very few career prospects at a small branch.
Continue reading - Current Employee, more than 8 years★★★★★
Pros
None, always looked down on.
Cons
Rubbish management who lool down on you.
- Current Employee★★★★★
N/a
Dec 18, 2022 - Senior Customer Operations Advisor in Edinburgh, INRecommendCEO ApprovalBusiness OutlookPros
Good work life balance Good team
Cons
Low salaries Sometimes difficult to progress
- Former Employee★★★★★
Lloyds offered great work flexibility
Sep 28, 2022 - Product ManagerRecommendCEO ApprovalBusiness OutlookPros
Work life balance was managed well
Cons
Slow career growth and workload was fairly light
- Former Employee★★★★★
Pros
Decent salary, nice people, not many surprises.
Cons
Teammate was promoted for diversity purposes (female) and was so bad everyone on my team left.
Continue reading - Former Employee, more than 3 years★★★★★
Pros
friendly helpful and teaching experience. industry leader
Cons
far office and lack of new tech
- Current Employee★★★★★
Good company
Aug 31, 2022 - Customer Service Associate in New York, NYRecommendCEO ApprovalBusiness OutlookPros
Good company to work with, good manager
Cons
customer are tricky sometimes always rude customers
- Current Employee, more than 5 years★★★★★
Solid place to work
Aug 17, 2022 - AVP-Operations in New York, NYRecommendCEO ApprovalBusiness OutlookPros
Great work life balance, solid company culture
Cons
Comp is considered below market
Lloyds Banking Group Reviews FAQs
Lloyds Banking Group has an overall rating of 3.6 out of 5, based on over 5,925 reviews left anonymously by employees. 65% of employees would recommend working at Lloyds Banking Group to a friend and 60% have a positive outlook for the business. This rating has decreased by -10% over the last 12 months.
65% of Lloyds Banking Group employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Lloyds Banking Group 3.6 out of 5 for work life balance, 3.6 for culture and values and 3.4 for career opportunities.
According to reviews on Glassdoor, employees commonly mention the pros of working at Lloyds Banking Group to be culture, career development, benefits and the cons to be senior leadership, management.
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