Employee Wellbeing and Mental Health Initiatives at Lloyds Bank

Employee Wellbeing and Mental Health Initiatives at Lloyds Bank
Case Code: HROB256
Case Length: 8 Pages
Period: 2011-2022
Pub Date: 2024
Teaching Note: Available
Price: Rs.300
Organization: Lloyds Bank Plc
Industry: Banking
Countries: United Kingdom
Themes: Leadership and Change Management, Employee Attitudes & Emotions, Leading Change,Future of Work
Employee Wellbeing and Mental Health Initiatives at Lloyds Bank
Abstract Case Intro 1 Case Intro 2 Excerpts

Introduction

Lloyds Banking Group (Lloyds), one of the UK's largest financial services organizations, was on the brink of financial collapse due to the global financial crisis of 2007-08, when the UK government stepped in to bail the group out. The government pumped in £20.3 billion of taxpayers’ money in 2008 and 2009, acquiring a 43 per cent stake in return. The bank was looking at various options to stabilize operations and manage the after effects of the financial crisis..

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