Northern Trust Reviews

Updated August 24, 2015
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Northern Trust President, CEO, and Director, Northern Trust Corporation and Northern Trust Company Rick Waddell
Rick Waddell
64 Ratings

Pros
  • Many roles offer great work life balance (in 120 reviews)

  • The work environment Is very light, despite demanding clients (in 32 reviews)

Cons
  • Management does not care about your home work life balance (in 12 reviews)

  • management in some divisions punishes employees for voicing concerns to senior management (in 18 reviews)

More Pros and Cons

95 Employee Reviews

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  1. Financial Services with Top Notch Culture

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northern Trust full-time

    Pros

    Northern has long prided itself on its culture. It stands behind the principles of service, expertise, and integrity. Employees and its clients benefit from over 125 years of commitment to these guiding principles. I highly encourage exploring career options at Northern.

    Cons

    Northern tends to be conservative in its business practices and methodical in adapting. This has at times limited Northern from being on the forefront of innovation, but has also protected it from major problems like the 2008 financial crisis.

    Advice to Management

    Great work environment. Don't let the influence of our peer group or wall street influence our commitment to a strong culture.


  2. Analyst

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

    Pros

    Great place to work. Opportunities to advance.

    Cons

    Tends to be a lot of Micro management.


  3. Helpful (1)

    SVP

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Vice President in Chicago, IL
    Current Employee - Senior Vice President in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northern Trust full-time (More than 3 years)

    Pros

    Great company and great CEO. Northern Trust is one of the best companies in the Chicago area to work for and Rick Waddell is the best CEO I have ever worked with in my career. I have been at multiple financial companies and this is one company that really operates with integrity.

    Cons

    Once you make it to the SVP level, there really is not much in terms of upward mobility. In comparison to the larger banking companies, there just isn't as much career opportunities past the SVP level due to the size of the company.


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  5. Northern Trust

    Current Intern - Intern in Chicago, IL
    Current Intern - Intern in Chicago, IL

    I have been working at Northern Trust as an intern (Less than a year)

    Pros

    great co-workers and good culture

    Cons

    pay was not up to par with the industry


  6. Great Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Chicago Foreign Exchange Accounting Operations - Summer in Chicago, IL
    Former Intern - Chicago Foreign Exchange Accounting Operations - Summer in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Northern Trust as an intern (Less than a year)

    Pros

    Loved working here...Learned alot...Good staff...Great training and orientation for interns...This was the best work experience ever...

    Cons

    Fast paced environment, not for lazy people, you should be a quick learner. Alot of ivy league people u might feel out of place but it will actually benefit u in the longrun

    Advice to Management

    None...it was fine with me...


  7. Best place to work at!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great career development for all employees that want to progress

    Cons

    None at this time, company is great!

    Advice to Management

    Keep moving forward, maybe at a faster pace.


  8. Consultant - Risk Management

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Program Manager in Chicago, IL
    Former Employee - Program Manager in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Northern Trust (More than 3 years)

    Pros

    Great Organization to work for - Caring and Employee Friendly

    Cons

    Non - Great organization to work for


  9. Good outlook

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

    I have been working at Northern Trust full-time

    Pros

    Growing HFS business provides a secure future

    Cons

    To meet the demands of newly acquired clients, hours can be difficult


  10. File Clerk

    Former Employee - File/Records Clerk in Chicago, IL
    Former Employee - File/Records Clerk in Chicago, IL
    Recommends

    I worked at Northern Trust (Less than a year)

    Pros

    enjoyed the people, the facilities and my Supervisor was great to work with.

    Cons

    I don't work there anymore


  11. Very good benefit and pension

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Arizona in Phoenix, AZ
    Current Employee - Arizona in Phoenix, AZ
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Very good vacation & insurance benefit and also pension. Relax but competitive work environment, Nice colleagues.

    Cons

    No stock and salary is not as good as investment bank (of course!)



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