Lloyds Banking Group Employee Benefits and Perks | Glassdoor.co.uk

Lloyds Banking Group Benefits

3.8
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223 Ratings

Employer Summary

Flexibility and choice

We recognise colleagues for acting responsibly by demonstrating our values and behaviours.

At Lloyds Banking Group we are committed to making a significant investment in our colleagues. As well as the wide range of development opportunities that are available, we are committed to providing a compelling reward package which, in addition to salary and performance bonus, offers flexibility and choice. Reward is directly linked to performance, considering both ‘what’ is delivered and ‘how’ it is achieved.

We are proud of our benefits package, which allows you to choose the benefits that suit you and your individual needs. As a major employer, we are able to access goods and services at highly competitive rates and, in some cases, offer tax and national insurance savings that further enhance the value of what you receive.


Employee Benefit Reviews

Showing 1–10 of 223 comments

Most Commented

  • Sick Pay  (45 comments)

    “Paid for sick leave. Employee assistance programme available which is promoted if managers feel employees may benefit. Return to work interview with...”

  • Flexible Working  (16 comments)

    “Core hours, but good amount of flex even during those (assuming you get the job done).”

  • Life Insurance  (8 comments)

    “Very generous death in service benefit if you specify dependents in your pension.”

  • 12 Sep 2018
    StarStarStarStarStar Current Employee in Edinburgh, Scotland

    Pension is good, private health care, share incentives, wage is competitive, career opportunities, move around uk every 8 months so seeing new cities.

  • 30 Aug 2018
    StarStarStarStarStar Former Graduate in London, England

    Best - Flexible choice of benefits, pension, share scheme, holidays Worst - Bonus isn't great (particularly in short term)

  • 24 Aug 2018
    StarStarStarStarStar Current Trainer in Carmunnock, Scotland

    The benefits package significantly increased your overall salary. The company is dedicated to aiding work/life balance and provides benefits that help that.

  • 23 Aug 2018
    StarStarStarStarStar Current Employee in London, England

    LBG offers a competitive benefits package.

  • 17 Aug 2018
    StarStarStarStarStar Current Fraud Agent in Liverpool, England

    Private healthcare, share scheme available. Colleague offers, option to buy more holidays. Free parking and also cycle to work scheme available.

  • 16 Aug 2018
    StarStarStarStarStar Current Employee in Bristol, England

    Three words - staff mortgage rate!!

  • 01 Aug 2018
    StarStarStarStarStar Former Employee in London, England

    It has a huge variety so you can tailor to what you need. Employees are rewarded as employees through colleague offers free bupa and other choice of benefits tax free.

  • 08 Aug 2018
    StarStarStarStarStar Former Employee in London, England

    Flexible working environment and good bonuses for permanent staff.

  • 09 Jul 2018
    StarStarStarStarStar Former Intern - Hourly in Edinburgh, Scotland

    Reasonable salary and pay full accommodation costs for 10 week period if you do not live locally.

  • 10 Jul 2018
    StarStarStarStarStar Current Employee in Oxford, England

    Private healthcare for all staff is excellent. Flavours package meets most people’s needs. Staff mortgages at Bank of England base rate.

Benefits Summary


List based on reports from current and former employees. It may not be complete.

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Insurance, Health & Wellness

Financial & Retirement

Family & Parenting

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