Lloyds Banking Group Reviews | Glassdoor

Lloyds Banking Group Reviews

Updated March 29, 2017
837 reviews

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Full-time Part-time

3.4
Star Star Star Star Star
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Lloyds Banking Group CEO António Horta-Osório
António Horta-Osório
351 Ratings

837 Employee Reviews

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Pros
  • They have a good culture of work life balance that also allows working from home at least once a week (in 137 reviews)

  • The biggest plus working for LBG was being able to work from home 3 times a week as my role did not require me to be in the office every day (in 28 reviews)

Cons
  • The work/life balance comes at a trade-off of lower pay than you will receive elsewhere (in 26 reviews)

  • Senior Management work in a 'bubble' & put too many hurdles in the way to enable colleagues to work efficiently (in 44 reviews)

More Pros and Cons

  1. "God place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Governance and Compliance in New York, NY
    Former Employee - Vice President Governance and Compliance in New York, NY
    Recommends
    Neutral Outlook

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

    Pros

    Competitive pay, benefits, 401k program

    Cons

    lack of investment in the business


  2. "-"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

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

    Pros

    Very professional bank. I do not know a bank who do Risk Mgt better than they.

    Cons

    Too much matrix responsibilities creates lack of clarity and accountability


  3. "Lloyds internship"

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

    I have been working at Lloyds Banking Group (Less than a year)

    Pros

    great work life balance. great culture. competitive hourly compensation

    Cons

    name recognition among bankers in the US

    Advice to Management

    N/A


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Good experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in San Jose, CA
    Former Employee - Director in San Jose, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Lloyds Banking Group (Less than a year)

    Pros

    Company culture is collaborative and you get recognition for good work

    Cons

    Too laid back so non performers become baggage


  6. "Capital Markets Intern"

    Star Star Star Star Star
    • 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

    Pros

    Since Lloyds is a smaller bank in the US I got hands on experience and learned so much from high positioned employees.

    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.


  7. "friendly team and enthusiastic team leads"

    Star Star Star Star Star
    • 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


  8. "A perfect place to learn and play in 1st league"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)
    Recommends
    No opinion of CEO

    Pros

    Professional environment, highly skilled people to work with and learn from. I joined with very little Financial Services background and the company fostered my quick learning and continuous upskilling through formal training, working partnerships and special projects.
    I highly recommend this company as you will definitely learn business in big scale.

    Cons

    Very large pool of resources worldwide and through a wide range of skills. This can sometimes become a hurdle if you´re looking for career progress outside your own dept.
    Still some long serving employees wanting to work in the same way they did 15 years ago.. though this has become more rare in the last 3/4 years.

    Advice to Management

    Consistency has been a key for LTSB to survive through many crises, so I would like to see this consistency coupled with the relentless drive for performance across the Group to help go through this one... again.!


  9. Helpful (1)

    "Lloyds Banking Group"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends

    Pros

    It is the very best company of its kind, in how it treats it customers, its employees and the innovative products it has to offer

    Cons

    The workload can be repetitive sometimes, however, it is like that everywhere whichever organisation you work for, plus my department is very quiet so lack of colleague interaction

    Advice to Management

    Not too sure as I have not been working a the Bank long enough, however, just to be more approachable and flexible with personal needs


  10. "Healthy work balance, friendly environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Approves of CEO

    Pros

    Healthy work balance, efficient internal communication, diverse environment and fairly friendly, good flexible working hours for employees (eg. mothers)

    Cons

    Definitely a good place to start you off, difficult to progress in the long term therefore there are limited opportunities

    Advice to Management

    regular employee review and feedbacks needed.


  11. "great"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in London, England (UK)
    Current Employee - Director in London, England (UK)
    Recommends
    No opinion of CEO

    Pros

    Great work life balance. The people are nice, not backstabbing and professional. Great offices and they are growing into a real investment bank.

    Cons

    They are still going through growing pains with their acquisition of HBOS so the IT and other infrastructure issues can be problematic. They are conservative bankers so to get approval sometimes can be a very long and involved process.



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