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

Lloyds Banking Group Benefits

3.7
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211 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 212 comments

Most Commented

  • 20 Jun 2018
    StarStarStarStarStar Current Employee in London, England

    Agile Working Practices - Allowing individuals to reduce commuting times to central London. Helps to cater for unexpected issues in house/family. Focus is on delivery not face-time. However is abused with some colleagues irresponsive to communications when not in the office.

  • 17 Jun 2018
    StarStarStarStarStar Current Business in London, England

    Flexibility work package. Bonuses have been consistent Pay rises have been poor, below inflation for the past 2 years. Appraisals are subjective and feel meaningless, this is due to the one size fits all approach and lack of flexibility within the process.

  • 12 Jun 2018
    StarStarStarStarStar Former Employee in London, England

    Health insurance childcare vouchers shareplans

  • 31 May 2018
    StarStarStarStarStar Former Employee in London, England

    great, awesome, supreme, travel, gurning

  • 30 May 2018
    StarStarStarStarStar Current Employee in Bristol, England

    good pension, healthy insurance, good culture and nice people hard to progress, people get favouritisms

  • 28 May 2018
    StarStarStarStarStar Current Employee in London, England

    Comprehensive and good value for money

  • 19 May 2018
    StarStarStarStarStar Current Senior Actuarial Analyst in Bristol, England

    Great pension (employer contributes 13%)

  • 01 May 2018
    StarStarStarStarStar Current Employee in Birmingham, England

    4% Cash on top of normal salary to spend on benefits such as: Extra Annual Leave Entitlement, Pension, Dental, Cycle to Work, Life Cover. Also offer preferential Mortgage rates to employees, however be careful of all benefits as some affect your Tax contributions as classed as a benefit in kind.

  • 05 Jun 2018
    StarStarStarStarStar Former Employee in Birmingham, England

    Changes in Priorities, big difference between Management and Branch Staff

  • 20 Apr 2018
    StarStarStarStarStar Current Employee in London, England

    Performance bonus is advertised as generous specific bands, but tends to be much less as it’s down to manager discretion.

Benefits Summary


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

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Perks & Benefits

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