Northern Trust

  www.northerntrust.com
  www.northerntrust.com
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Northern Trust Reviews

Updated September 29, 2014
Updated September 29, 2014
498 Reviews
3.3
498 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Northern Trust President, CEO, and Director, Northern Trust Corporation and Northern Trust Company Rick Waddell
Rick Waddell
286 Ratings

Review Highlights

Pros
  • Culture that built a great reputation serving clients well and supports work/life balance (in 111 reviews)

  • Good work culture, people are friendly, and the salary for fresh grads is competitive (in 28 reviews)


Cons
  • Lack of effective work-life balance despite the fact that Northern says they promote the issue (in 10 reviews)

  • management in some divisions punishes employees for voicing concerns to senior management (in 18 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Employee friendly....

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

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

    Pros

    Work life balance, decent salary for expectations.

    Cons

    CEO needs to be more strategic and seems to be playing catch up with the realities of the economy and industry.

    Advice to ManagementAdvice

    Stability is great, but people need to feel more empowered.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Great company with incredible potential.

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

    I have been working at Northern Trust full-time for more than 3 years

    Pros

    Potential for growth (Company and Individual), Work-Life balance, Pension, Career Opportunities

    Cons

    Very slow decision making, Mid level management lacking tactics, Salary not in par with the market.

    Advice to ManagementAdvice

    The wheel has been reinvented a bit too many times and stashed away.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great culture, support, opportunity if you're willing to move

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

    I have been working at Northern Trust full-time for more than 3 years

    Pros

    Culture, flexibility, promoting from within

    Cons

    Pay, promotion within business unit

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Not a bad place to work

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

    I have been working at Northern Trust as a contractor for more than a year

    Pros

    People are generally friendly .

    Cons

    Like most banks , their IT processes not very well organized, although this would vary by the business unit . There is excessive reliance on onshore foreign resources from companies like TCS, Hexaware and Cognizant.

    Advice to ManagementAdvice

    Alignment between business and IT could be improved. A more structured and better communicated Enterprise Architecture would probably help.

    Recommends
    Negative Outlook
    No opinion of CEO
  6.  

    Consultant

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

    I have been working at Northern Trust full-time

    Pros

    good compensation for entry level positions. HR is also very hard working in terms of hiring

    Cons

    long hours and we have to work even holidays

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  7.  

    Many of the very good and supportive managers don't exist anymore.

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

    I have been working at Northern Trust

    Pros

    Family work life balance and training provided.

    Cons

    Too many layers of management and unhappy workers within operations. Even management is unhappy and not great leaders. Many displays of favoritism and limited career growth to utilize education and work experience. Management only take cares of their favorite people and opportunities are not fairly given to each employee.

    Advice to ManagementAdvice

    Please display fairness to all employees regarding promotion and work distribution.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8.  

    A very "nice" culture but not very challenging at all. Was bored within two weeks of my experience.

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

    I have been working at Northern Trust as an intern for less than a year

    Pros

    Very nice people. Not many hours on the job. Can work at home very frequently.

    Cons

    Lower salary than competition. Not challenging work. Upward mobility is extremely tough.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    It decent. The people were great, however the work itself was pretty boring.

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

    I worked at Northern Trust as an intern for less than a year

    Pros

    Good people
    Good work-life balance
    Very flexible hours. This depends on what division within Northern Trust you work for. However, for the most part, they are flexible

    Cons

    Pay was low compared to interns at similar companies
    People didn't show that much interest in what they did. They seemed to view their work as just work rather than something of interest.

    Advice to ManagementAdvice

    none

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  10.  

    Could be better but its not

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

    I have been working at Northern Trust full-time for more than 3 years

    Pros

    benefits are good but when you have no money to go places its irrelevant

    Cons

    pay can be much better- better off leaving NT then coming back

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Great organization

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

    I have been working at Northern Trust as a contractor for more than a year

    Pros

    Great work life balance,Great people,pension

    Cons

    Not the best salary,slow decision making

    Recommends
    Positive Outlook

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