Rewards and Benefits
Total Reward
Health
Because your healthcare and wellbeing are important to us, we provide access to a range of specially tailored healthcare and support services.
Pensions
The plan lets you save what you can afford to save, choose a style of investment and, at retirement, select the benefits which suit your particular circumstances. You and the Group contribute towards your plan.
Flexible Benefits
We give you an extra 4% flex cash with your pay every month which you can use with up to 50% of your salary to choose from a wide range of benefits that appeal to you.
Pay and bonus
Your pay and bonus/incentive arrangements mean that your package will be competitive and managed to reflect your individual value.
Share Schemes
Own shares in the Group for free and benefit from our success through free shares, partnership shares or sharesave. You can choose which is best for you or join all three - it's up to you.
Staff Offers
Save on our financial products and services and receive discounts from hundreds of retailers plus the chance to earn cash back whilst you shop online.
UfLTSB
Lloyds TSB makes a significant investment in people development each year to ensure our people are at the forefront of learning in the Financial Services sector. The University for LTSB offers a range of material to focus and support your development.
Here at Lloyds TSB, we're just not looking for good graduates, we're looking for excellent leaders. The benchmark has been set high but we realise that for you to establish a rewarding and challenging career with us, we'll need to make sure we look after you.
As such, we offer an impressive package that includes great rates of pay and generous holidays and all the training and development that you could ever need to reach your full potential with us.
We of course recognise that even though you may only be starting out on your career, you're still a professional, and that you should be rewarded accordingly.
Money may not be everything in the world, but it certainly helps. We offer a £28,000 starting salary (for Corporate Markets it's £31,000), + London Weighting (£3,450),a £3,000 signing-on bonus as well as providing you with a lap-top and mobile phone for the duration of the programme.
On top of this competitive starting salary, we also offer an extensive list of less tangible benefits. You will not necessarily be able to lodge them in your bank account, but they are things which will enable you to live a well-balanced - and healthier - professional life, with an eye on the future.
These include:
- 25 days' holiday, rising to 30 days post programme
- 'Flexible benefits cash sum'. On top of your salary, we'll give you an additional 4% that you can take as cash if you want, or you could use it to 'buy' one or more additional benefits. We can't list all of these, but they include dental and medical healthcare. The whole point of the flexible benefits package is that like our customers, you're on a journey through life too, and your needs and interests change over time.
- Flexible working if it meets the needs of the business.
- Sharesave schemes*
- Contributory pension scheme*
- Discounted/preferential rates on a whole range of products from loans to mortgages*
*You will be eligible for these benefits after a 6-month qualifying period.
This list is not exhaustive: the whole purpose of our benefits package is to provide you with the flexibility to choose whatever benefits best suit your lifestyle today, or how you would like it to be a few years down the road.
