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

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Lloyds Banking Group Benefits

3.7
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193 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 193 comments

Most Commented

  • 11 Feb 2018
    StarStarStarStarStar Former Employee in London, England

    Without doubt one of the best companies to work for in terms of overall package. The flexibility they offer is exceptional. The pension is excellent too.

  • 07 Feb 2018
    StarStarStarStarStar Current Employee in Glasgow, Scotland

    great benefits to choose from

  • 28 Jan 2018
    StarStarStarStarStar Current Employee in Edinburgh, Scotland

    Fantastic Perks but can be taken away from you at any time with no security from LBG. Constantly going through re structures and more recently selling off areas of the group - staff then lose benefits

  • 08 Feb 2018
    StarStarStarStarStar Former Director in London, England

    Overall, the package is average. Salaries are "tight" and bonuses are modest. Physical workplace environment was poor. Facilities were poor.

  • 03 Feb 2018
    StarStarStarStarStar Current Employee in Birmingham, England

    Great pension and discounted mortgage

  • 20 Jan 2018
    StarStarStarStarStar Current Employee in Manchester, England

    Standard benefits for banking industry Cash bonus capped at £2k with balance paid 3 months later as shares Pension contributions made by LBG are generous Company car scheme is poor Flexible benefits contribution and choices very reasonable

  • 18 Jan 2018
    StarStarStarStarStar Current Employee in Newport, Wales

    They allow one day off a week

  • 25 Jan 2018
    StarStarStarStarStar Current Employee in Glasgow, Scotland

    4% flexible benefits (eg buy holidays) generous pension contributions free shares and dividends paid optional share save/match options holidays that increase with service/grade always had a bonus (although not large) sick pay of 6mths full 6mths half lower salary brackets compared to competitors

  • 09 Feb 2018
    StarStarStarStarStar Former Customer Advisor in Hove, England

    Being a temporary member of staff do not expect any benefits

  • 06 Feb 2018
    StarStarStarStarStar Former Administrative in Bristol, England

    There were no benefits as far as I could tell

Benefits Summary


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

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