Northern Trust Reviews

Updated April 17, 2015
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3.3
600 Reviews
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Northern Trust President, CEO, and Director, Northern Trust Corporation and Northern Trust Company Rick Waddell
Rick Waddell
340 Ratings

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 Pros and Cons

Employee Reviews

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  1. Operations Analyst

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

    I worked at Northern Trust full-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Excellent work culture with very friendly people. Prospering business.

    Cons

    Job security seems to be slightly too high, so some poeple don't "pull their weight"

  2. Intern

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

    I worked at Northern Trust

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

    Pros

    Great resources, very welcoming management

    Cons

    Wish there were more educational programs

  3. Investment Representative

    • 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 (more than 5 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    great people, great benefits And excellent ongoing education

    Cons

    slow to change and not a sales environment

    Advice to Management

    embrace change quicker

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  5. Helpful (1)

    Cream of the crop employer

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL

    I worked at Northern Trust

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

    Pros

    Highly intelligent, ethical colleagues; great downtown location

    Cons

    Term limits on contracting tenure

  6. Project Coordinator

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

    I have been working at Northern Trust

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    Good Culture and nice to have a shuttle

    Cons

    Don't always have their projects fully funded

  7. Vice president

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

    I have been working at Northern Trust (more than 5 years)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Good life and insurance benefits

    Cons

    Promotion opportunities not the same for all

    Advice to Management

    Give promotion opportunities to all

  8. Diverse company with good benefits

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

    I have been working at Northern Trust full-time

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

    Pros

    This company is conservative in its values and is very diverse. Cares about its employees and provides good benefits.

    Cons

    Needs new innovative ideas in its processes.

  9. Real Estate Asset Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Asset Manager
    Former Employee - Asset Manager

    I worked at Northern Trust full-time (more than 8 years)

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

    Pros

    Friendly and cooperative environment.

    Cons

    The atmosphere at the firm is changing. Some of this is being brought on by tougher regulatory guidelines. Committees are involved in all business decisions.

  10. Sometimes good, sometimes bad

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

    I worked at Northern Trust as a contractor (more than 3 years)

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Some of the people (key word is SOME) were great to work with.
    Convenient, nice location downtown Chicago to get to.

    Cons

    Some of the management should not be in their position, and they know it.
    Hire competent people, not those that say the right thing.
    Get rid of those that have shown multiplet times they are not qualified to be in their position
    Training was hit and miss. A favorite phrase was "read the manual, it is good enough" when normally it was outdated or unclear.
    Group infighting was a regular causing some people to have to play messenger since unprofessional "partners" would not even talk to each other.

    Advice to Management

    If you have a manager that has turned their department into a revolving door, maybe you should look at that manager, not turn a blind eye to the fact they are unqualified to lead.
    Stop outsourcing everything to India because its cheaper. You get what you pay for. When you have people local complaining about it, maybe you should listen.
    Invest more in actual training. Lack of training causes employees (permanent and contractor) to not care and to not be able to perform their duties.

  11. Nice work environment. Enjoyed.

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

    I worked at Northern Trust

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Consultant friendly. Flexible timing and schedule.

    Cons

    Have 18 months tenure for consultants

    Advice to Management

    Hiring Technical Lead as Manager just because they have MBA from famous institution. Insufficient experience of the manager makes the team members more stress and not very free environment to work with.

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