Company details

London, UK

HEADCOUNT

10000+

ORG TYPE

Corporate

SECTOR

Finance

WEBSITE

https://www.lloydsbank.com

About the company

Lloyds Banking Group is one of the UK’s largest financial services groups, serving retail and business customers through brands such as Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows. Lloyds Banking Group offers products including current accounts, lending (including mortgages), insurance, pensions, and investments. Lloyds Banking Group also runs major technology and data teams, with a stated focus on large-scale digital transformation. (This score is for Lloyds Banking Group, not the Lloyd’s of London insurance market.)

Locations and presence

Lloyds Banking Group hires across UK hubs including London, Edinburgh, Bristol, Leeds, Manchester, Halifax, Chester, and Birmingham. Lloyds Banking Group promotes hybrid working for many office-based roles, with a minimum in-office expectation commonly set at two days per week and work-from-home options described for up to three days per week for many office-based colleagues.

Palpable Score

74.7

/ 100

Lloyds Banking Group is an accessible early-career employer because Lloyds Banking Group runs a full ladder of apprenticeships, undergraduate placements, internships, and graduate schemes with published salaries on many programmes. Lloyds Banking Group is also clearer than many banks about what happens at the assessment stage, although transparency still varies by programme and role. Learning support is well-specified for several flagship schemes, while public outcome metrics like conversion rates and time-to-promotion are still missing.

Pillar 1: Early-career access

Score

17.3

/ 20

The company runs paid undergraduate routes including in-person summer internships (8 weeks) and industrial placements (typically 12 months), giving students more than one way in before graduation.

Lloyds Banking Group publishes multiple graduate schemes across disciplines, with visible programme durations and salaries (for example, the Technology Engineering Graduate Scheme at £47,000 for 2 years).

The company also runs a sizeable apprenticeship portfolio with role families and locations clearly signposted, which broadens entry-level access beyond university pathways.

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Pillar 2: Hiring fairness and transparency

Score

13.8

/ 20

The company sets out a structured graduate application journey that ends in an assessment centre or virtual assessment day, and Lloyds Banking Group describes the types of exercises used (interview, group exercise, and individual assessments, plus technical exercises for some routes).

Lloyds Banking Group flags accessibility support in hiring by pointing candidates to alternative formats on job adverts and by offering a Disability Confident Scheme contact route on early-careers FAQs.

The company warns that programmes may close early if application volumes are high, which can make timelines feel less predictable for candidates trying to plan across multiple processes.

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Pillar 3: Learning and support

Score

15.3

/ 20

The company describes programme-specific support for at least one flagship scheme, including a buddy, experienced mentors, in-house training, and access to learning platforms and on-demand courses.

Lloyds Banking Group links several graduate routes to funded, industry-recognised qualifications and certifications, with training costs covered on programmes where formal qualifications are part of the pathway.

The company has mixed intern feedback on structure, with some public reviews describing weaker training and less meaningful work on certain placements, suggesting support quality can vary by team.

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Pillar 4: Pay fairness and stability

Score

14.3

/ 20

The company publishes clear salary figures for many early-career programmes and placements, including £47,000 for the Technology Engineering Graduate Scheme and £25,000 for several 12-month industrial placements.

Lloyds Banking Group states that apprentice roles sit in a dedicated pay group with consistent starting salaries (£25,000 regionally and £29,500 in London), and apprentices are hired as permanent colleagues from day one.

The company is financially established, but ongoing restructuring and role reviews reported publicly in 2025 create some uncertainty about team-level stability for early-career joiners in tech and operations-heavy areas.

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Pillar 5: Early-career outcomes

Score

14.0

/ 20

The company has strong intern experience signals on major review platforms, including high ratings from intern and summer intern reviewers.

Lloyds Banking Group has been reported as having unusually low turnover in recent periods, which is a positive retention signal for early-career hires who want time to build skills.

The company frames internships and placements as a head start toward post-degree graduate schemes, but Lloyds Banking Group does not publish outcome stats like internship-to-offer conversion, graduate completion-to-role mapping, or time-to-promotion ranges.

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