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

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Helpful (2)

Great reputation, so-so pay with work life balance

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

I have been working at Northern Trust full-time (More than 10 years)

Recommends
Neutral Outlook
Approves of CEO
Recommends
Neutral Outlook
Approves of CEO

Pros

It is nice to work for a company with a great reputation. It can make obtaining new business easier. Most people don't work more than 45 hours per week, so there is work-life balance.

Cons

Raises for the common folk are small. The executives get nice raises. Limited career mobility. Lots of projects to handle while managing your clients. Middle management keeps expanding.

Advice to Management

Pay your people well in a record breaking year, don't blame the interest rate enviornment for low raises. SVPs and above should be more accountable for new business - they should be rainmakers.

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  1. Helpful (1)

    Solid but not great place to begin a career

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

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Since it's a big company there are lots of internal opportunities. Networking is great and encouraged; most people in higher positions are willing to speak with you. Great benefits and they treat employees very well.

    Cons

    Super conservative, all respects (thinking, investing and salaries). They rarely fire anyone, people stay in the same position for 20 years. Very low employee motivation. Raises and promotions can be very political.

    Advice to Management

    Make the better decisions quicker


  2. Strong corporate culture, team approach to client service.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northern Trust full-time

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

    Pros

    Because major mergers and acquisitions have not been done, corporate culture is strong and employee turnover is low. Significant expertise in providing solutions to clients.

    Cons

    Sometimes new initiatives are not thought through or communicated properly before rolling out. Management could do better at this.

    Advice to Management

    Try to communicate more to groups that will be experiencing the change.


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

See Most Recent

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