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Performance & reward

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At Lloyds Bank, we recognise and reward colleagues for acting responsibly by demonstrating our values and behaviours.

Across our branch network, colleagues will be recognised for having great customer conversations, giving great customer service and helping to achieve the right customer outcomes. The performance management framework in place supports colleagues in these aims.

To support our performance management approach, we are also committed to providing an overall
 reward package which offers flexibility and choice. It 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.

Lloyds Bank offers a competitive salary and being part of Lloyds Banking Group, colleagues have access to many other benefits as part of their overall reward package.  These benefits include:

  • Bonus
  • Pension
  • Share Plans
  • "Flex" - cash sum of 4% salary, which can be spent on a range of competitive benefits
  • Private Medical Cover
  • Car - grade dependent
  • Financial Products
  • Colleague Offers
  • Generous Holidays

For more details on these benefits, please click here.