Northern Trust Reviews

Updated April 17, 2015
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4.0
179 Reviews
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Northern Trust President, CEO, and Director, Northern Trust Corporation and Northern Trust Company Rick Waddell
Rick Waddell
113 Ratings

179 Employee Reviews

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  1. Operations Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Northern Trust full-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Excellent work culture with very friendly people. Prospering business.

    Cons

    Job security seems to be slightly too high, so some poeple don't "pull their weight"

  2. Project Coordinator

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Coordinator in Chicago, IL
    Current Employee - Project Coordinator in Chicago, IL

    I have been working at Northern Trust

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    Good Culture and nice to have a shuttle

    Cons

    Don't always have their projects fully funded

  3. Nice work environment. Enjoyed.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Northern Trust

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Consultant friendly. Flexible timing and schedule.

    Cons

    Have 18 months tenure for consultants

    Advice to Management

    Hiring Technical Lead as Manager just because they have MBA from famous institution. Insufficient experience of the manager makes the team members more stress and not very free environment to work with.

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  5. Quality Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northern Trust

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    quality work life balance for adults

    Cons

    Slow paced atmosphere with minimal challenge

  6. Helpful (1)

    Client Servicing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Canal in Chicago, IL
    Current Employee - Canal in Chicago, IL

    I have been working at Northern Trust full-time (more than 10 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Nobody does client servicing like Northern Trust. This in itself separates Northern Trust from it's competitors.

    Cons

    The partners. Don't get all caught up in the politics and bureaucrats, every company has them.

    Advice to Management

    Continue seeking ways to improve and don't be afraid to reach out to middle management and other employees that are the worker bees. Hearing what's on their mind is important and will provide a glimpse into what you hear on the street.

  7. Very stable work enviroment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northern Trust full-time (more than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Some departments have flexible work schedules

    Cons

    The pay is not outstanding

    Advice to Management

    Keep the little guy in mind to

  8. Decent company with not the best salary

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northern Trust

    Pros

    Office culture, time-off policies, people

    Cons

    Compensation, technology, leadership, management, promotions

  9. Technical Coordinator

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technical Coordinator in Chicago, IL
    Former Employee - Technical Coordinator in Chicago, IL

    I worked at Northern Trust full-time (more than 5 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Good Hours ... Good Learning environment within the back office.

    Cons

    Slow process regarding promotions and compensation.

    Advice to Management

    Rethink compensation for highly value employees. Don't act so shocked when partners move elsewhere.

  10. Helpful (3)

    Conservative Financial Services Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Investment Associate
    Current Employee - Senior Investment Associate

    I have been working at Northern Trust full-time (more than 5 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    - Great work-life balance
    - Company is risk averse/conservative
    - Pension plan
    - Hardworking people
    - Strong & easy going culture/history

    Cons

    - Hard to move up, promotions are hard to come by
    - Outdated tech
    - Benefits are OK
    - Tend to hire people with a lot of experience/overqualified
    - Compensation could be better

  11. Helpful (3)

    Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Consultant in Chicago, IL
    Former Employee - Consultant in Chicago, IL

    I worked at Northern Trust (more than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Some really nice people work there, and some of them really know their stuff. They have a lot of technology projects, and bright people at the top running them. They're a major market maker and a very reputable old Chicago institution. Some people have been there for decades.

    Cons

    The organization is a bit bureaucratic, so things take time to get approval. It seems, some people do about 30 minutes of real work every other day. Others work unpaid overtime to pick up the slack. Agressive offshore recruiting onsite derails many a project. They have some pretty old tech there and need to cut the cord.

    Advice to Management

    Read Good to Great?

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