Article 6TH3K Lloyds bankers could face bonus cut if not in office two days a week

Lloyds bankers could face bonus cut if not in office two days a week

by
Kalyeena Makortoff Banking correspondent
from World news | The Guardian on (#6TH3K)

Group reviews office attendance as part of performance-related bonus targets forsenior employees

Senior bankers at Lloyds could be at risk of having their bonuses docked if they fail to follow company orders to be in the office at least two days a week.

Lloyds Banking Group - which owns the Halifax, Lloyds and Bank of Scotland brands - has confirmed it is reviewing office attendance as part of performance-related bonus targets for its most senior employees. That includes hybrid staff who, in 2023, were ordered to be in the office at least 40% of the time, which typically amounts to two days a week for those on full-time contracts.

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