How does Lloyds Banking Group support staff wellbeing?
Lloyds Banking Group has a range of wellbeing initiatives in place to support its staff. This includes: • Employee Assistance Programme - this free and confidential service offers advice, support and guidance to help employees manage their home, work and family lives. • Mental Health First Aiders - trained colleagues who are available to provide confidential support and advice to other colleagues. • Health and well-being programmes - designed to help colleagues access support and information to manage their health and wellbeing. • Flexible working - flexible working policies to give colleagues the opportunity to balance their work with other commitments. • Well-being hubs - physical and virtual hubs that provide colleagues with access to lifestyle and well-being information, advice and resources. • Mental Health Awareness Training - tailored workshops to educate colleagues on mental health and provide practical guidance on how to support each other. • Mindfulness sessions - mindfulness sessions to help colleagues manage stress and increase their focus. • LifeWorks - an online platform that provides access to a range of physical, mental, social and financial wellbeing activities.
Other Questions about Lloyds Banking Group
- What is the maternity policy at Lloyds Banking Group?
At Lloyds Banking Group, the maternity policy provides up to 52 weeks paid maternity leave, which includes up to 39 weeks of Statutory Maternity Pay (SMP) and up to 13 weeks of Additional Maternity Pay (AMP). The AMP is paid at the same rate as the employee's salary. The policy also provides the option to return to work on a part-time basis for up to 26 weeks, as well as the option to take parental leave for up to 18 weeks. Additionally, the policy provides for the payment of enhanced maternity pay to employees who have at least one year's service with the company.
- Are there any opportunities to work from home at Lloyds Banking Group?
Yes, Lloyds Banking Group offers a range of flexible working options, including the ability to work from home. Employees can discuss their individual needs with their manager to determine if working from home is a viable option.
- Are there any special perks for staff at Lloyds Banking Group?
Yes, Lloyds Banking Group offers a range of perks for their staff. These include discounts on products and services, travel discounts, and access to an employee assistance program. Additionally, staff members may also be eligible for various learning and development opportunities, as well as health and wellbeing initiatives.
- What is the paternity policy at Lloyds Banking Group?
The paternity policy at Lloyds Banking Group is based on the UK legal requirements. All employees are entitled to two weeks of full pay for paternity leave. This leave can be taken anytime up to 56 days after the baby's birth, adoption or placement for adoption. Employees can also take an additional one or two weeks of paternity leave at a reduced rate. All employees are also entitled to Shared Parental Leave, which allows for up to 50 weeks of leave (37 weeks at full pay) to be taken jointly by both parents.
- How are salaries and bonuses calculated at Lloyds Banking Group?
Salaries and bonuses at Lloyds Banking Group are calculated based on a variety of factors, such as job role, performance, and the Bank’s overall performance. Salaries are set according to market rates, while bonuses are determined annually and are based on the achievement of specific performance targets. Bonuses may also be awarded for special achievements or initiatives.
- What kind of holidays are available at Lloyds Banking Group?
Lloyds Banking Group offers a range of holiday options for its employees, including paid annual leave, paid bank holidays, paid special leave for volunteering, flexible working hours, and unpaid leave for personal reasons.