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.
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.
great benefits to choose from
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
Overall, the package is average. Salaries are "tight" and bonuses are modest. Physical workplace environment was poor. Facilities were poor.
Great pension and discounted mortgage
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
They allow one day off a week
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
Being a temporary member of staff do not expect any benefits
There were no benefits as far as I could tell
List based on reports from current and former employees. It may not be complete.