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Lloyds Banking Group

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Lloyds Banking Group

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Lloyds Banking Group FAQ

Have questions about working at Lloyds Banking Group? Read answers to frequently asked questions to help you make a choice before applying to a job or accepting a job offer.

Whether it's about compensation and benefits, culture and diversity, or you're curious to know more about the work environment, find out from employees what it's like to work at Lloyds Banking Group.

All answers shown come directly from Lloyds Banking Group Reviews and are not edited or altered.

64 English questions out of 64

3 June 2021

Does Lloyds Banking Group offer relocation assistance?

Pros

Given stretching tasks that will help you develop. Very knowledgeable people. Supported financially through ACCA. Great pension and benefits package. Plenty of opportunity to liaise with senior people across the business in a practical way through business as usual tasks. The job is varied and it is possible to develop many new competencies while working here.

Cons

Often long hours with no overtime pay or time in lieu. People working over 45 hours a week is not uncommon and some are studying ACCA on top of that. I have seen managers work in excess of 72 hours a week for several weeks at a time during peak periods.

Advice to Management

I’d suggest thinking of ways for the business to take more responsibility for work life balance rather than suggesting that, for example, the staff go for a morning walk. Many genuinely don’t have time to live a healthy life due to expectations at work. Other than that, I’d say keep doing what you’re doing.

Great pension and benefits package.

3 June 2021

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16 May 2021

Does Lloyds Banking Group offer massages?

Pros

Good package and benefits, free coffee

Cons

Feels like a school ground with petty squabbles

Advice to Management

Listen to your staff and do something when they say they are over worked instead of trying and turning it around on them every time

Good package and benefits, free coffee

16 May 2021

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10 August 2021

Does Lloyds Banking Group offer dental insurance?

Pros

Decent work-life balance. There are some good benefits to working here - including: share options; a reasonable pension; health insurance and dental cover.

Cons

Limited opportunities for career progression. IT services are antiquated and notoriously slow and unreliable. Pay is low - I was particularly upset to be given no more than an entry level salary when I joined the company, despite having 2 good degrees to my name and some years in the workforce before changing careers.

Advice to Management

Please update IT hardware in branches and do something meaningful to resolve our slow, unreliable IT systems - they're an embarrassment. Furthermore, value the qualifications of your staff - it's not right to underpay someone with a university education.

including: share options; a reasonable pension; health insurance and dental cover.

10 August 2021

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18 June 2020

Does Lloyds Banking Group have a pension plan?

Pros

Good pension, opportunity to buy shares, they allow you work from home twice a week and to apply for compressed hours, so you can work only 4 days a week.

Cons

Low salary compared to the level of responsibility. Managers are not knowledgeable about process in the Department.

Good pension, opportunity to buy shares, they allow you work from home twice a week and to apply for compressed hours, so you can work only 4 days a week.

18 June 2020

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9 February 2022

Does Lloyds Banking Group offer parental leave?

Pros

A company that offers a large benefits package such as a comprehensive pension plan, share options, private health care & generous maternity leave.

Cons

Due to the positive benefits option to progress can be slow due to low turn over in some sections of the group.

A company that offers a large benefits package such as a comprehensive pension plan, share options, private health care & generous maternity leave.

9 February 2022

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64 English questions out of 64

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14 days ago

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Charlie Nunn, Group Chief Executive, reflects on the first six months of the year and how we’re shaping up for the rest of 2022 and beyond.
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