Northern Trust
3.2 of 5 450 reviews
www.northerntrust.com Chicago, IL 5000+ Employees

450 Employee Reviews (View Most Recent)

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2 people found this helpful  

Not a challenging environment

Portfolio Accounting Analyst (Current Employee)
Chicago, IL

ProsYou have a LOT of flexibility. Great for family man/woman. Getting fired is near impossible.

ConsPay is terrible. Moving up within your department is difficult. They don't get rid of under performing employees. The "training" they offer is a waste of time. I couldn't believe I was paid to train for a month and when I was finally assigned to my team, I was told by everyone on the team to forget what I learned. Northern prides its self in being conservative, but I believe there is a difference between being conservative and being old fashioned. They need to get with the times. I'll finish by saying again that their pay is terrible which is why they can't retain any talent.

Advice to Senior ManagementOffer better pay incentives. You need to challenge employees more, they are craving it, and with it compensation in return. Ask yourself what kind of culture are you breeding? You pay below the industry standard, you let good talent leave, and don't set the bar very high for those that remain. Looking for a job can be daunting especially if you have a family, but quite the opposite when jobs find you. We live in a time where social media and the internet is making it easier for headhunters and recruiters to find talent within companies

Yes, I would recommend this company to a friend

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    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Disapproves of CEO

    1 person found this helpful  

    It's a conservative bank, what did you expect?

    (Former Employee)
    Chicago, IL

    I worked at Northern Trust full-time for more than 3 years


    Pros: #1 Vacation days, #2 an emphasis on charity and community… Cons: I have never worked anywhere with so many people just waiting it out for retirement, or with such a cultish deference to management in every… Advice to Senior Management: Flatten your management structure. If you are going to lay off employees, don't give your CEO 12-17 million pay packages. Strip… No, I would not recommend this company to a friend More

     

    On the decline in this department

    Anonymous Employee (Current Employee)

    I have been working at Northern Trust


    Pros: Great people to work with. Cons: Hours are not family friendly. More
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