Lloyds Banking Group Performance Bonus

This benefit is really good

not received it as of yet

This is based on service standards

Good for sales staff but service staff rarely received a bonus

Once a year, on average 3% of annual pay

This is a good benefit but only payable if the company is in profit

Very similar benefits to other similar companies

Low in the first few years and then increases but I would say it is probably still below market rate. The overall level depends a lot on where you are in the bank and good a year the bank has had.

The performance bonus is not measurable, totally at the management's discretion and is modest.