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Northern Trust – “good company, more stable than any other banks”
Pros
Northern is a leader in the industry and the name and reputation command respect. Client service is very important and has helped set us apart from the others. Good benefits. It has not been hurt as badly in the past year as any of the other banks. I do get raises!!! Wide variety of services we can provide for clients. Very conservative culture. Sensitive to minority groups (Women, LGBT, Asian, Latin, African-American)
Cons
Not quick to hire replacements for people who have left - saves money. (If you hire good people they will pick up the slack for a long time, doing 2 jobs for the price if one.) Bonuses and raises are small. Changes happen slowly. Sometimes important things are learned through the grapevine, not from management. Intense sales pressure
Advice to Senior Management
Reward hard work. Don't turn into a sales culture, but rather stay a relationship culture.