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Northern Trust
3.2 of 5 287 reviews
www.northerntrust.com Chicago, IL 5000+ Employees
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Northern Trust Reviews

Updated May 16, 2013
All Employees Current Employees Only

3.2 287 reviews

                             

77% Approve of the CEO

Northern Trust President, CEO, and Director, Northern Trust Corporation and Northern Trust Company  Rick Waddell

Rick Waddell

(173 ratings)

64% of employees recommend this company to a friend
287 employee reviews
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  • Career Opportunities
         
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  • Approves of CEO

 

Chicago, IL

Former Employee – worked at Northern Trust full-time for more than a year

ProsGreat work environment for career growth

ConsCompetitive for open positions but good for staff growth and drive.

Advice to Senior ManagementGive more earnings incentives to staff for their career growth.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Chicago, IL

Former Employee – worked at Northern Trust full-time for more than 3 years

ProsThis is a really nice place to work. Especially if you are in the HR department. The learning capability is unlimited

ConsWorking with some individuals in upper management on a daily basis who will turn and walk the other to avoid a simple "hello".

Advice to Senior ManagementWe are all professionals in our area. Join us. Be professional and courteous to your coworkers. Always remember, you can catch more bee's with honey...

Yes, I would recommend this company to a friend

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  • Career Opportunities
         
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Current Employee – been working at Northern Trust

ProsDecent Training, great benefits especially for first time job

ConsSlow moving company, not much room to grow

Yes, I would recommend this company to a friend

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  • Career Opportunities
         
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  • No Opinion of CEO

 

Chicago, IL

Former Employee – worked at Northern Trust as a contractor for less than a year

ProsIT workers are compensated well, in line with large financial organizations. Promotions are awarded based on merit more often than politics. Downtown "Chicago loop" locations are convenient for commuters.

ConsLike many financial organizations, they continue to dwell in the past, using 1980's era waterfall processes rather than modern Agile methods. Application Development Managers are sometimes non-technical, and development teams lack leadership.

Advice to Senior ManagementGet over the "promote from within" limitation and open manager spots to allow employees to compete with outside workers. Perform a corporate-wide Agile conversion ASAP, it is the current industry best practice, and performs much better than waterfall in highly regulated industries like banking and trading. Be sure to bring in experienced Agile contractors and permanent workers, Agile requires experience.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Chicago, IL

Current Employee – been working at Northern Trust full-time for more than 7 years

ProsStability and a varied cultured behavior

ConsNo forward thinking, below average pay scale

Advice to Senior ManagementEmbrace feedback

Yes, I would recommend this company to a friend

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Current Employee – been working at Northern Trust full-time

ProsNice people, in house cafe, gym and child-care

ConsManager can control fate of career, hard to move around unless you "know someone".

Yes, I would recommend this company to a friend

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Chicago, IL

Current Employee – been working at Northern Trust full-time

ProsPeople are great; work life balance is good if you get in the right group; very stable company

Consslow moving to make decisions; pay packages are a little on the low side (you must be a star performer to get recognized or get paid appropriately)

Advice to Senior ManagementStop rewarding people who are only at the higher levels; your mid to lower level employee is what keeps this organization running each day.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Chicago, IL

Current Employee – been working at Northern Trust full-time

ProsGreat place to start your career, great team environment

ConsLateral movement is tough, pay is"median to the market" what that really means is slightly lower

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Chicago, IL

Former Employee – worked at Northern Trust full-time for more than 3 years

ProsValue employees, opinions and hard work.

ConsA bit hard to fit in at first.

Yes, I would recommend this company to a friend

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Chicago, IL

Current Employee – been working at Northern Trust full-time for more than 10 years

ProsOppurtunity, Variety, People, Clients, Driving Performance

ConsAdvancement, Compliance requirements, stability, crazy busy

Advice to Senior ManagementKeep your focus on people...

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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