Lloyds Banking Group Referral Bonus

Lloyds Banking Group offers a referral bonus program to incentivize employees to refer qualified candidates for open positions within the company. This program is designed to attract top talent, particularly in critical areas like tech and product development. Below is a detailed overview of the referral bonus structure, with a focus on tech and product roles.

Overview of the Referral Program

The referral program at Lloyds Banking Group is structured to reward employees who successfully refer candidates that are hired and complete a specified period of employment. The bonus amount varies based on the role, its level of seniority, and the demand for specific skills.

Tech & Product Roles

For tech and product roles, the referral bonuses are generally higher due to the competitive nature of the industry and the high demand for skilled professionals. Here are some estimated figures:

• Junior Tech/Product Roles:

  • Bonus Amount: £1,000 - £2,000
  • Eligibility: The candidate must complete a probationary period of typically 3-6 months.

• Mid-Level Tech/Product Roles:

  • Bonus Amount: £2,500 - £4,000
  • Eligibility: The candidate must complete a probationary period of typically 3-6 months.

• Senior Tech/Product Roles:

  • Bonus Amount: £5,000 - £7,000
  • Eligibility: The candidate must complete a probationary period of typically 3-6 months.

Other Roles

While tech and product roles have higher bonuses, other positions within Lloyds Banking Group also offer referral bonuses, albeit often at lower rates.

• Administrative/Support Roles:

  • Bonus Amount: £500 - £1,000
  • Eligibility: Similar probationary period requirements apply.

• Business/Operations Roles:

  • Bonus Amount: £