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Lloyds Banking Group

Engaged Employer

Lloyds Banking Group reviews

3.6

62% would recommend to a friend

(7,471 total reviews)
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Charlie Nunn

63% approve of CEO

57% positive business outlook

Lloyds Banking Group has an employee rating of 3.6 out of 5 stars, based on 7,471 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Lloyds Banking Group employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

7K reviews
5.0
Jun 1, 2026
Recommend
CEO approval
Business Outlook

Pros

- Lovely people - Interesting projects and challenges through the company's digital transformation and ambition to become a leading fintech in the UK - Strong emphasis on learning, for example the AI Academy and DEAL (Drop Everything And Learn) days - Good work/life balance - The new offices are state of the art

Cons

None I can think of

5.0
Feb 10, 2016
Recommend
CEO approval
Business Outlook

Pros

Good communication from the top down. A decent 'you said - we did' culture. Good on site facilities.

Cons

They won't have you sat round doing nothing. Its very very buisnessy.

2.0
Nov 6, 2023
Recommend
CEO approval
Business Outlook

Pros

Good work-life balance for non-managers. Engineering culture and standards are improving. Pay (outside of London at least) is competitive-ish although will never match big tech or high finance. Great benefits: pension, holiday, healthcare. Varied work; good place to learn for juniors. Most colleagues are nice and supportive.

Cons

Poor and worsening developer experience and ways of working e.g. constant switching between two laptops with different OSs as required for different tasks and access. Company culture has become toxic over the last year or two, especially since the Group Values were introduced; management's decisions and behaviour completely contradict these values. Increasingly authoritarian leadership with little tolerance for disagreement, and middle managers are forced to toe the line and pretend everything is good. A lot of "toxic positivity" and a huge lack of trust in employees. Constant reorganisations, frequent team moves, and heavy reliance on third-party consultants make having any long-term vision difficult. No engineering career progression beyond senior/lead; management is the only way up. Levels and salary bands are very wide, with little or no ability to move within your band as you gain experience and responsibility. Managers periodically lie that opportunities to move are coming soon, but they never do come. Flexible working benefits like compressed hours have been taken away and 2 days per week in office for all will start being enforced very soon. The current senior leaders are going back to antiquated ideas about productivity and collaboration, in spite of great performance and results during the pandemic. Vicious circle of engineering leads who talk a good game but lack strong engineering knowledge or experience promoting others like themselves, resulting in poor decisions and prioritisation.

Viewing 1 - 3 of 7,471 Reviews

Glassdoor has 8,886 Lloyds Banking Group reviews submitted anonymously by Lloyds Banking Group employees. Read employee reviews and ratings on Glassdoor to decide if Lloyds Banking Group is right for you.