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

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All Hands on Deck!

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

I have been working at Northern Trust full-time (More than a year)

Recommends
Neutral Outlook
Disapproves of CEO
Recommends
Neutral Outlook
Disapproves of CEO

Pros

Powerful brand recognition among target audience. Sterling reputation in volatile markets. Conservative balance sheet has kept the bank strong and solvent.

Cons

Culture emphasizes compliance over initiative and innovation. Technology is many iterations behind the times and remains siloed.

Advice to Management

Involve line managers in decision making. Reduce reliance on lower paid, lower skilled workers. Pay above market for talent. Reduce the number of meetings discussing "strategy" and spend more time problem-solving to improve business processing and client-onboarding.

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  1. Helpful (2)

    Pleasant, hard working people, but disorganized, bureaucratic culture.

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

    I worked at Northern Trust as a contractor (More than a year)

    Neutral Outlook
    Neutral Outlook

    Pros

    Genuine diversity; highly ethical values. Stable, conservative company that does not take unnecessary business risks.

    Cons

    Recent emphasis on cost cutting and increased productivity, which has affected employee morale and efficiency. Increased outsourcing of technical activities. Many hours spent in meetings, most of which are not productive.

    Advice to Management

    Keep long-term goals in mind, not just the stock price.


  2. Great place and working environment

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

    I have been working at Northern Trust full-time (Less than a year)

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

    Pros

    people are very nice and humble, willing to help each other, great team players.

    Cons

    need to update the phone system


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

See Most Recent

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