Northern Trust

  www.northerntrust.com
  www.northerntrust.com

Northern Trust Reviews

Updated December 11, 2014
Updated December 11, 2014
527 Reviews
3.4
527 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
304 Ratings

Review Highlights

Pros
  • Great place to work & great work life balance; especially during the tax season (in 120 reviews)

  • Decent work -life balance, good work environment and a good salary for a start (in 32 reviews)


Cons
  • Lack of effective work-life balance despite the fact that Northern says they promote the issue (in 12 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. 2 people found this helpful  

    Good stable job, good culture, little growth opportunity

    • 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

    corporate culture is positive, family oriented, safe/stable job, benefits are decent

    Cons

    Very few people get pay raises, only way to move up is to entirely change jobs.

    Advice to ManagementAdvice

    Promote based on merit, not based on a "quota" for promotions. This leads to unqualified people being promoted just to fill the space, and qualified people not getting promoted due to no openings at the promotional level.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Great Experience

    • 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

    Pros

    Professional and Helpful management. Great first job after degree.

    Cons

    Cannot think of any at this time.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Account Manager

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

    I have been working at Northern Trust full-time (more than 8 years)

    Pros

    Great place to work, flexibility for family.

    Cons

    Need bigger raises to stay competitive.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    OKAY

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 an year)

    Pros

    Gain a lot of industry knowledge, company likes to keep it's employees, some locations have day care centers , company has a good reputation and is stable

    Cons

    poor work life balance depending on what department you work in, can be high stress, company is very conservative and salaries are below industry standard

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    They act like a bank that is 125 years old.

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

    I worked at Northern Trust full-time (more than an year)

    Pros

    Great co workers, decent training available.

    Cons

    Horrible culture, they don't fire bad employees, just push out good ones.

    Advice to ManagementAdvice

    HR department needs ethics.

    Doesn't Recommend
    Approves of CEO
  7. 1 person found this helpful  

    Great work life balance

    • 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 full-time

    Pros

    Great place to work & great work life balance; especially during the tax season

    Cons

    Too stingy about promotions.
    In order to be promoted you have to leave to another department, or leave the bank and come back to a higher role

    Advice to ManagementAdvice

    Promote people so you can retain talents

  8. 2 people found this helpful  

    Good Place but lacks identity

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

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

    Pros

    Great people, well respected in industry, nice to have on resume. Allows for a work life balance and is relatively employee friendly.

    Cons

    I was in the investment management side and we completely lacked an identity. Compensation is somewhat low relative to the industry and this has hurt. Company is not sure what they want to be - indexer, active, manager of manger.

    Recommends
    Approves of CEO
  9.  

    Great place

    Current Employee - Business Process Analyst in London, CA
    Current Employee - Business Process Analyst in London, CA

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

    Pros

    Young Crowd and best place where employee is greatly respected

    Cons

    Shift Timings are a bit of an issue for a few people

    Advice to ManagementAdvice

    Na

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  10.  

    Great place

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

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

    Pros

    Good salary/good benefits/ good work environment/good managers

    Cons

    I cant find any, its almost a perfect place to work for.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Very good opportunities as a recent Graduate. Well known company that opens up opportunities with a lot of other firms

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

    I have been working at Northern Trust full-time (less than an year)

    Pros

    Very good work/life balance; you get bank holidays off as well as very generous time off/sick days/personal days/work from home opportunities.Well known company that opens up opportunities with a lot of other firms within the financial services industry.

    Cons

    Can get very boring with the monotonous work; You do the same things week in and week out. Depending on where you are, there is no real on-boarding training sessions... you get dropped in and are expected to know what you're doing.

    Recommends
    Neutral Outlook
    Approves of CEO

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