Northern Trust

www.northerntrust.com
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There are newer employer reviews for Northern Trust

 

Company with culture crisis

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

I worked at Northern Trust full-time (more than a year)

Pros

Big company, great reputation, easy to move around. Lots of different opportunities within firm as a whole. Not so much within NTHFS.

Cons

Division acquired last year by NT. Companies have very different cultures and they are having a hard time merging two companies and there is lots of turnover.

Advice to ManagementAdvice

Need to appease employees. Associates very displeased with transition. Losing a lot of talented workers

Recommends
Neutral Outlook

578 Other Employee Reviews for Northern Trust (View Most Recent)

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  1. 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 (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
  2.  

    Giant cube farm secluded from main bank

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

    I worked at Northern Trust full-time (more than a year)

    Pros

    Some fun people doing far too much red tape paperwork

    Cons

    way too much procedure and paperwork, micromanagers everywhere

    Advice to ManagementAdvice

    give a little credit to the people who actually do the work.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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