Lloyd Group Reviews

4.1

79% would recommend to a friend

(97 total reviews)
avatar

Adam Eiseman

92% approve of CEO

73% positive business outlook

Lloyd Group has an employee rating of 4.1 out of 5 stars, based on 97 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Lloyd Group employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

97 reviews
1.0
4 Oct 2014
Recommend
CEO approval
Business outlook

Pros

Central location You gain experience (swim or you're fired)

Cons

The way this place operates is fairly simple. They hire kids mostly right out of college, who have no expectation about any aspects of working at a decent environment. When one quits or is fired the cycle renews. You will get pie in the sky promises. Ex: work hard and you might get shares; when Microsoft (lol), etc buys the company out you will hit the lotto. In realityyou have to attend bs quarterly events where you will get paper "certificates" for job well done. You will be overworked and way underpaid. You won't be able to go out and enjoy a 30 minute lunch break. Very high turn over due to this being an IT sweatshop for just out of school kids.

1.0
24 Sept 2014
Recommend
CEO approval
Business outlook

Pros

The location of the NYC office is in the heart of times square. A good location for food, transit and socializing after work. A great place to learn about the IT field, mostly by trial by fire. Hire based on personality compatibility. Because of this there are a lot of great people to work with. Socially driven organization. There are lots of company events and opportunities to socially engage with your colleagues and sometimes clients. High level of social moral. You are made to feel part of a team with a always positive spin on things.

Cons

Incredibly uncompetitive salaries unless you are part of "inner circle". Infrequent raises and employee assessments. High level management has low involvment in operations of company. Clear favoritism of certain employees who receive better salary, benefits and other advantages over everyone else. Long work hours, high stress and not nearly enough compensation for it. High turn over rate due to burning out employees. Constant internal operation changes with little or no transparency to employees. Trial by fire training. You are thrown into your work with minimal training or support. On call is the worst experience of your life...almost every time. Changes in procedures or operations are never followed through on and either never materialize or fall way short of expectations. Usually a result of overworked employees not being able to focus on changes due to daily overload of work. Positive social moral used to deceive employees. Often the employee who is most miserable will receive written praises for their work. Yet no other compensation is ever offered. Bi-yearly meetings about multi-million dollar success of company when employees are unfairly compensated. Share the wealth! Oversell to clients despite always being understaffed. The office space is terrible. The bathrooms are small, outdated and falling apart. Not nearly enough facilities compared to number of staff.

4.0
27 Oct 2014

No shortage of opportunity

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

1: You are in control of your career, pace of upward mobility, and opportunities you receive. You will get out of Lloyd what you are willing to put into Lloyd. 2: Top level visibility for hard work. It's not hard to shine and when you work really hard; it's noticed. Not just because you are the last one in the office, but because the quality of deliverables and above/beyond efforts are noticed. The company wants to praise you and identify top performers. 3: Very process oriented (good for some, this is bad for others). You know what you are getting into, there is process and cookie cutter approaches to resolving issues or executing on things so with little experience, you can figure it out. 4: Exposure to all areas of the business is available to everyone. You have to deal with account managers, finance, service, etc. and liaise most of the time. You own a service ticket or issue start to finish so you "project manage" soup to nuts with it. Great for someone with little experience to see inner workings of a company, versus going into big corporate out of school and seeing one function of the business doing the same job day in and day out.

Cons

1: Recognition falls in a few areas typically. Try to branch out and notice the less likely to be praised. 2: Overcommunicate. It's fair to need to do all of the changes and transitions as you form the future of the business and change the messaging/direction of the mission, but be transparent in how difficult it will be and the challenges for the company and individuals it has the potential to cause. Everyone agrees with the changes, but wants some acknowledgement they are sticking through some complex changes.

Viewing 1 - 3 of 97 Reviews

Glassdoor has 99 Lloyd Group reviews submitted anonymously by Lloyd Group employees. Read employee reviews and ratings on Glassdoor to decide if Lloyd Group is right for you.