Lloyds Banking Group Reviews | Glassdoor

Lloyds Banking Group Reviews

Updated December 12, 2017
1,082 reviews

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3.4
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Lloyds Banking Group CEO António Horta-Osório
António Horta-Osório
484 Ratings

1,082 Employee Reviews

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Pros
Cons
  • Little work life balance most of the time (in 31 reviews)

  • Senior management / HR increasingly pursuing resourcing policies that alienate permanent staff rather than engage them (in 52 reviews)

More Pros and Cons

  1. "Good employer"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great people to work with

    Cons

    Little work life balance most of the time

    Advice to Management

    none


  2. Helpful (1)

    "Senior Analyst"

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

    I have been working at Lloyds Banking Group full-time

    Pros

    Good work-life balance. Friendly culture amongst non-senior employees.

    Cons

    Limited Promotions. Favor british employees

  3. "It's a mediocre company to work with"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Management is working to improve and respect diversity.

    Cons

    the UK head office still has the controlling power of almost everything, influencing the local hiring and termination of employees.


  4. Helpful (1)

    "Lloyds Bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Vice President in New York, NY
    Former Employee - Associate Vice President in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Dedication to community. All the teams work hard towards their goals.

    Cons

    For some, the hours can be endless. Advancement to senior level positions can be difficult. Management's focus is all over the map.


  5. "Money is no object"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    No opinion of CEO

    I worked at Lloyds Banking Group full-time

    Pros

    - Really focused on digital strategy

    Cons

    - Staff and management have no comprehension of 'value for money'
    - They spend a fortune on average contractors and vendor solutions


  6. Helpful (1)

    "Worst professional experience ever!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Small company in the US allowing professional progress if you are in the short list of management
    Nice office

    Cons

    Management not supportive
    Inclusion & Diversity policies are all over the walls but not implemented by management.
    No support between employees due to bad top management putting employees under competition

    Advice to Management

    Become inclusive!


  7. "Former Employee"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    Pros

    A lot of really great coworkers and a small team

    Cons

    A lot of senior turnover and not many opportunities for junior level employees to advance

  8. "Great People but Suspect Management/line managers"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - 2% Analyst in New York, NY
    Current Employee - 2% Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Lloyds Banking Group full-time (More than 5 years)

    Pros

    Most Teams have a good working environment and good opportunities for Volunteering with various charitable events

    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

    Advice to Management

    Line Managers and Team leads need training on how to manage a team successfully, Learn to support your staff completely ( promotions, raises and honest praise and motivation ) and stop lying to everyone that our BSC's really matter and will lead to anything but time wasted filling out Head Office Read Tape!


  9. "Be prepared"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Office location in midtown is great. Some good benefits e.g number of days off. Work life balance is ok depends on each department. I've seen people staying late and working on weekends.

    Cons

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

    Advice to Management

    Show some appreciation to your employees once in awhile.


  10. "friendly team and enthusiastic team leads"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Lloyds Banking Group full-time

    Pros

    opportunity to express new ideas

    Cons

    no cons with this job. absolutely loved the atmosphere


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