527 Employee Reviews (View Most Recent)

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2 people found this helpful  

Vice President/Stable and Caring Organization

  • 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 10 years

Pros

Good Work/Life Balance
Great People
Good Benefits

Cons

Systyms need to be upgraded/too slow
Although there are good opportunities throughout the organization; it is difficult to transition to certain areas (ie. Client Facing Roles, Human Resources) Transferrable skills are not always considered

Advice to ManagementAdvice

Rick Waddell is a great leader and walks the walk. He also holds his direct reports accountable for ensuring they stay close to their people and understand what is going on beyond the numbers. Stay focused on the internal talent and ensure there are opportunities for talented people to continue growing. Encourage all business units to consider transferable skills for opportunities beyond the "raw" experience within a certain area. Many transferrable skills can't be learned (ie. good management skills, communication skills, leadership, etc.) Business knowledge can be learned.

Positive Outlook
Approves of CEO

Other Reviews for Northern Trust

  1. 1 person found this helpful  

    Account Manager

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

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

    Pros

    At one time, I was made to feel like I wasn't a number. I want to continue to believe this but not sure.

    Cons

    Things are changing drastically in a short amount of time which leaves room for errors and a lot of new processes to learn in a short amount of time.

    Raises are less then 1% annually and marketable job ranges are not revealed and won't be revealed.

    Advice to ManagementAdvice

    Pay employees for loyalty and performance.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Was once a good place to work

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

    I worked at Northern Trust full-time for more than 10 years

    Pros

    I worked for TNT for over 15 years and developed many friendships. Most of the people there are great people.

    Cons

    Management doesn't care about employees any more. They only care about shareholders. Benefits have been greatly reduced in the last 10 years. Everything is about cutting expenses, cutting expenses, cutting expenses. A lot of dead weight at Northern. If you want a job where you don't want accountablility then Northern is the place. The good workers have to make up for the dead wieght and get burnt out.

    Advice to ManagementAdvice

    Think about your people, not about yourself and shareholders. Your people are the ones that are the company. Make people accountable.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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