Summer Intern at Lloyds Banking Group

Top Employer
Duration
Internship (1-4 Months)
Region
London Central London and City
Review Date
Salary
£18,000 - £19,999
Roles
Banking - Retail
Lloyds Banking Group is a Top Employer

4.3/10

The Role
4.0
Organisation
4.8

Socialising

4.2

The Role

1. To what extent did you enjoy your work placement or internship?

Although everyone is very nice in my company, I find the tasks that I do quite boring and unable to challenge me. I am also the only member of my team based in the London office so I spend most of my days by myself in the office while only attending a few 30 min phone calls a day.

3/10

2. To what extent did you feel valued by your colleagues?

Everyone is encouraging in my workplace. They value the work that I produce, and they actively invite me to attend off-site meetings, video conferences, and afterwork drinks whenever they come to visit me. However the fact that I am left alone in the office for most of the week does feel like I am unable to contribute to the team.

7/10

3. To what extent were you given support and guidance by management/your supervisor(s)?

In the first week they've shown me around the London office and provided me with the overall structure of the group. However, the fact that my team is not co-located with me makes it hard for me to get any support and guidance. I had to rely on people from other teams instead.

3/10

4. How busy were you on a daily basis?

Not busy at all. Most of the days in the office I only have a 9am call and perhaps something right at the end of the day. This leaves me stuck in the office for the entire day with nothing to do. The nature of work done by my team (recruitment) is also unsuitable for interns to undertake so I am left with little to nothing to do.

2/10

5. How much responsibility were you given during your placement?

Not much responsibility, primarily since I have nothing to do. I am sometimes given the responsibility of doing bookings and other miscellaneous tasks, but often people from my team end up taking over and over-riding my decisions. I do not feel like there is a tasks that I can take ownership of.

2/10

6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?

I have developed a range of skills in the internship, as I was able to participate in many off-site training sessions provided by my company. This allowed me to gain project management skills that goes beyond what my degree teaches me. However, I came into the internship expecting to learn about coding skills, which did not happen.

7/10

The Organisation

7. What was the general atmosphere in your office?

I am the only one in my team based in London so most days the office is completely empty. I end up going to sit with other teams, which provided a much better atmosphere. When my team members do decide to come down they generally bring up the atmosphere which makes it better.

4/10

8. How well organised was the overall work placement or internship set up?

I've heard many interns complain that information from the department organising the internships reaches us quite slowly. We are often kept in the dark about a lot of things, and my grad mentor rarely made contact with me. There is no defined task that I need to do and many people from other teams often asked why did my team need an intern in the first place.

3/10

9. In terms of personal training and development, to what extent did the company or firm invest in you?

I think they invested quite a lot in me, as they provided me with a lot of training sessions (although it is not with my team). My travels are also paid for, and my team actively encourages me to attend training sessions outside of the office. They are quite free with the money they spend on me.

7/10

10. What were the perks on your work placement?

  • Flexi Time
  • National Travel
5/10

11. How appealing are future employment prospects within the organisation?

Not very appealing. There is only one graduate scheme that I am interested in but it does not align with any of the internship programmes. However, the benefits available to grads are very appealing with good working hours, vacations, and training available for grads. It is a decision torn between good benefits and an interesting job.

5/10

Social

12. Was there a good social scene amongst any fellow placement students/colleagues?

There is a lack of social events available for interns. Whenever there is a social event happening, there is a serious lack of communication and marketing for the event so many interns didn't even know the events took place! However, interns often organise events amongst themselves to make up for it.

5/10

13. What was the cost of living and socialising in the area you worked in?

Crazy expensive, but then this problem is common in London. Often it is smart to rely on student discounts for many things such as lunch, drinks, etc. Our company provides accommodation for people from outside London, but since I already live in London this did not benefit me at all.

2/10

14. What was the Nightlife like in the area you worked?

Since the internship is in London, the nightlife is great. There are many bars, pubs, and clubs available in a very short distance. The travel to the venues are also convenient by the tube. I know that many intern organises night outs together which makes it great for socialising for people living in company accommodations.

5/10

15. Were there many opportunities to get involved in activities outside of work?

There are many activities that you can do in London, however they are rarely associated with Lloyds. There are no Lloyds organised activities outside of work. However, interns can get together to organise activities by themselves. This is up to how organised the interns are and how social they are with other people.

5/10