Our purpose and strategy
Our purpose is Helping Britain Prosper.
From everyday extras to not-so-little-life changers. Unlock the perks of LBG.
Your reward package gives you the flexibility and freedom to tailor your benefits, to suit whatever stage of life you're at. We've got your back. With everything you need to work, learn and thrive.
We believe in transparency when it comes to pay, which is why all salaries are visible on our job descriptions. You may also be eligible to participate in the Group Performance Share plan (bonus) and to be considered for an annual performance-based award.
Our plans are discretionary and non-contractual, and payment is dependent on group, business area and individual performance.
Work/life shouldn't be multiple choice. We offer flexibility for everyone, no matter what stage of your life you're at.
Our hybrid approach to working means most of our office-based colleagues have the option to work from home for up to three days a week, extended up to five days a week over the summer period.
We offer a generous holiday allowance to enable you achieve a healthy work/life balance. Dependent on your grade and length of service, you'll get between 22 and 30 days, plus bank holidays.
We also offer flexible bank holidays, where you can work and add the day to your holiday allowance. You’ll have the opportunity to buy or sell the equivalent of a week’s holiday.
From day one you’ll be able to have 52 weeks' leave after your child is born or placed for adoption; six months of that leave is fully paid. Partners can have six weeks of fully paid paternity leave.
Shared parental leave is created when maternity or adoption leave is ended early. If you are an eligible partner you could receive up to 26 weeks' fully paid leave.
We offer a generous pension plan, with all joiners being automatically enrolled in our 'Your Tomorrow' scheme. You can decide how much you save and get a say in where your contributions are invested.
The more you save, the more we'll contribute to your plan, starting with 9% if you pay in 3% of your salary, going all the way up to 15% if you contribute 6% or more.
Our company funded Private Medical Benefit provides all colleagues with access to good quality medical care, including accommodation, nursing care and specialist advice.
You can purchase Private Medical Benefit for your family at competitive prices. You can also choose critical illness cover and life insurance for additional peace of mind and protection.
Share plans align your reward package with the shareholder experience and with the longer-term performance of the Group.
You can choose to participate in Sharematch and receive matching shares of up to £45 a month from the company, and you can choose to participate in Sharesave, our combined savings and share option plan.
When you join us you’ll be eligible to take advantage of all our financial products, some at a discounted rate, including current accounts, home and car insurance and loans.
Colleague Offers enables you to get discounts on everything from electrical items to cinema tickets and weekly food shopping. You can share this benefit with up to ten family members or friends.
We encourage a culture of wellbeing and inclusivity, and provide a range of health and wellbeing services to meet the diverse needs of our colleagues.
We prioritise personal development, whether that's through professional qualifications, leadership courses or everyday learning.