There are newer employer reviews for Northern Trust
There are newer employer reviews for Northern Trust

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A great internship with much learning.

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

I worked at Northern Trust

Recommends
Approves of CEO
Recommends
Approves of CEO

Pros

Work-life balance, friendly people, trustworthy name.

Cons

May be stagnant at times, difficult to make a dent right away.

Advice to Management

Take a more aggressive stance.

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  1. A good place to start

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

    I have been working at Northern Trust

    Approves of CEO
    Approves of CEO

    Pros

    Good name to have on your resume, stable job, don;t have to put in as many hours as counterparts in other companies.

    Cons

    paid less then everyone else in the industry,


  2. Helpful (2)

    Learned lots of valuable skills, but the bureaucracy and politics were stifling.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Product Manager in Chicago, IL
    Former Employee - Investment Product Manager in Chicago, IL

    I worked at Northern Trust

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Especially for people in the earlier stages of their careers, Northern Trust serves as a great training ground. I learned to run meetings, influence groups and stake holders, practice lots of public speaking, and generally become an all around more professional person. I also learned how to play office politics well--this may not be a particularly noble skill, but it is a valuable one in the realities of many workplaces.

    Cons

    Compensation is less than competitive, especially compared to other investment management firms. Politics and bureaucracy are all around stifling. There's also a good amount of talking behind people's back and general back stabbing. Senior leadership is wanting on many, many levels. One of their main job duties seems to be regularly re-organizing and re-shuffling the different units (at least on the investment side) so that they can send company-wide announcements on the changes. At least that keeps them busy so that the minions can get actual work accomplished.

    Advice to Management

    Northern Trust certainly benefited from the glut of high quality labor that became available as a result of the recent economic downturn. However, unless they make some drastic changes to the organization (culture, incentives, etc), its unlikely that they'll be able to keep many of them when labor markets become tighter. That assumes, of course, that they want to move on from their informal HR motto: Train the best, keep the rest.


There are newer employer reviews for Northern Trust
There are newer employer reviews for Northern Trust

See Most Recent

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