Northern Trust Reviews

Updated July 4, 2015
641 reviews filtered by
  • Any Location
  • Any Job Title
  • Full-time
  • Part-time
Employment Status

Reset
3.4
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
361 Ratings

Pros
  • Many roles offer great work life balance (in 120 reviews)

  • The work environment Is very light, despite demanding clients (in 32 reviews)

Cons
  • Management does not care about your home work life balance (in 12 reviews)

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

More Pros and Cons

641 Employee Reviews

Sort: Popular Rating Date
  1. Business Analyst

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

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

    Recommends
    Recommends

    Pros

    Co-workers, Location, Resources, Benefits, work life balance

    Cons

    Changing environment makes staff very uncomfortable. Everyone is on edge.


  2. Enjoyed my time there

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

    I worked at Northern Trust

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Good people made it a good place to work

    Cons

    IT was Disorganized. Each group marched to its own plan.


  3. File Clerk

    Former Employee - File/Records Clerk in Chicago, IL
    Former Employee - File/Records Clerk in Chicago, IL

    I worked at Northern Trust (Less than a year)

    Recommends
    Recommends

    Pros

    enjoyed the people, the facilities and my Supervisor was great to work with.

    Cons

    I don't work there anymore


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Ethics

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Portfolio Manager in Tampa, FL
    Current Employee - Portfolio Manager in Tampa, FL

    I have been working at Northern Trust

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    This is an investment mgmt cos that still allows the portfolio mgr to put the clients interest ahead of company profits .

    Cons

    An investment professional can probably make more income elsewhere however there will be more sales pressure/goals and that will lower ones ethical bar.

    Advice to Management

    Be more interested in managing some if the staff that coasts .


  6. Management

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Promotions and benefits were great

    Cons

    Expectations / procedures / policies should be updated and deliver to staff asap

    Advice to Management

    Keep in mind that some procedures can have a great impact on employees lively hood


  7. Great Company depending on where you work

    Former Employee - Customer Service Representative in Chicago, IL
    Former Employee - Customer Service Representative in Chicago, IL

    I worked at Northern Trust

    Pros

    Great benefits with plenty of opportunity to more to other areas of the bank. Formal training programs.

    Cons

    Too many Second Vice Presidents, Too much employee turnover. Inexperience management that lack accountability. Tons of legacy information systems that need to be integrated.

    Advice to Management

    Integrate information systems so that they can provide just in time information. Make managers accountable for the performance of their employees and eliminate layers and layers of middle management.


  8. Team Leader, Hedge Fund Services

    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 3 years)

    Pros

    Growing division of Northern Trust where culture is a bit younger and modern than the rest of the bank
    Frequent turnover provides opportunity for growth / development in others

    Cons

    High employee turnover
    Pay and employee recognition is average to poor
    Limited work-sponsored social events
    Management appears to be a bit out of touch with employee engagement / satisfaction

    Advice to Management

    Focus on employee engagement and information sharing as the company continues to grow. Consider improving compensation strategies - a little pay adjustment here and there will go a long way to improve team morale.


  9. Human Resources

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

    I worked at Northern Trust full-time (More than 3 years)

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

    Pros

    Great company to work for! Lots of employee engagement events and good benefits.

    Cons

    No comment here/cannot think of any "cons" as my experience was great

    Advice to Management

    Recognize all that each employee brings to the organization and promote accordingly.


  10. Working at Northern

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northern Trust

    Recommends
    Recommends

    Pros

    Wonderful people. Some cutting edge technology and innovations.

    Cons

    Compensation could be better. Some tools and technology is stone age.

    Advice to Management

    Overhauling all the tools will make the company much more productive.


  11. Analyst

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

    I have been working at Northern Trust

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

    Pros

    Great work/life balance and benefits package

    Cons

    Below average compensation and bonus structure



Showing 641 of 672 reviews
Reset Filters
RSS Feed </> Embed

Your response will be removed from the review – this cannot be undone.