526 Employee Reviews (View Most Recent)

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1 person found this helpful  

Great place to work with

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

I have been working at Northern Trust full-time for less than a year

Pros

Awesome Team to work with.
- Health Benefits is good.

Cons

I didn't have any idea about salary. Salary - Not that great. Got to know only after started working. My friends are getting paid by 20% more. So whoever read this, negotiate well.

Recommends
Positive Outlook
Approves of CEO

Other Reviews for Northern Trust

  1. 1 person found this helpful  

    Loses talented employees at lower levels due to lack of progression and below market salaries

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

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

    Pros

    Offers the opportunity for international assignments to India, Australia etc. Cafeteria facilities are very modern and offer lots of choice!

    Cons

    Can be quite a depressing place to work at times with a lot of employees feeling under valued. Young talent tends to stick around for a year or two and then get poached by competitors offering much larger salaries and better career prospects.

    Advice to ManagementAdvice

    Value your employees more, offer advancement and don't just pay the bare minimum as the company will lose out when they leave to go somewhere that pays more.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2.  

    Still retrenching

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

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

    Pros

    Work life balance
    Good place for semi-retirement if that's what you want
    Good place if you are willing to leverage your connections to big money
    Its conservativeness will keep it out of big trouble but also miss big opportunities

    Cons

    Highly political
    Must be a networking cheerleader to succeed
    Very PC
    Consensus style drives very slow decision making
    Challenging established thinking is punished
    Management is out of touch with the market and the workers
    Pay is low relative to the market but they don't ask for much either
    Mediocrity is abundant -no surprise given the rest
    Avoid if you are ambitious or action-oriented

    Advice to ManagementAdvice

    Lead by example -take your cuts first

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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