Lloyds Banking Group plc
Company characteristics
Assessed report publication year | |
---|---|
Financial year end | 31/12/23 |
Sector | Financials |
Head office | United Kingdom |
Primary listing | London Stock Exchange |
GBP market cap | 30,328,877,563 |
Net profit margin | 15.59% |
CEO tenure | 2.4 years |
Employee count | 66,197 |
FRF draft assessment response | — |
Reward scrutiny
Living wage accredited | ![]() |
Living wage (calculation for operating regions) | ![]() |
---|---|---|---|
Living hours accredited | ![]() |
Tax reporting (GRI 207) | ![]() |
Remuneration policies
Remuneration committee 100% independent | ![]() |
Remuneration committee discretion applied | ![]() |
---|---|---|---|
Remuneration committee discretion (direction) | ![]() |
||
Director from workforce | ![]() |
Trade union relations (disclosure) | ![]() |
Worker consultation on top pay (disclosure) | ![]() |
80%+ shareholder support on pay | ![]() |
Reward outcomes
CEO total pay (GBP) | 3,681,000 | CEO total pay change | -2.28% |
---|---|---|---|
CEO pay ratio (to median employee) | 80:1 | Percentage point increase in maximum variable remuneration | — |
Pension award parity between CEO and wider workforce | ![]() |
Pay of the next highest exec compared to CEO | 84.32% |
Gender pay gap (mean data) | Lloyds Banking Group: 26.7% Lloyds Bank PLC: 28% HBOS PLC: 25.1% Scottish Widows Services Limited: 15% MBNA: 14.3% Lloyds Bank Asset Finance Limited: 20.2% Lloyds Bank Corporate Markets Limited: 13.4% Cheltenham & Gloucester PLC: 15.8% | Gender pay (women % in top quartile) | 38% |
Ethnicity pay gap (disclosure) | ![]() |
Total dividend (GBP) | 1,761,000,000 |