Northern Trust - All Hands on Deck! | Glassdoor
There are newer employer reviews for Northern Trust
There are newer employer reviews for Northern Trust

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"All Hands on Deck!"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Vice President in Chicago, IL
Current Employee - Vice President in Chicago, IL
Recommends
Neutral Outlook
Disapproves of CEO

I have been working at Northern Trust full-time (More than a year)

Pros

Powerful brand recognition among target audience. Sterling reputation in volatile markets. Conservative balance sheet has kept the bank strong and solvent.

Cons

Culture emphasizes compliance over initiative and innovation. Technology is many iterations behind the times and remains siloed.

Advice to Management

Involve line managers in decision making. Reduce reliance on lower paid, lower skilled workers. Pay above market for talent. Reduce the number of meetings discussing "strategy" and spend more time problem-solving to improve business processing and client-onboarding.

Other Employee Reviews for Northern Trust

  1. Helpful (2)

    "Pleasant, hard working people, but disorganized, bureaucratic culture."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Consultant in Chicago, IL
    Former Contractor - Consultant in Chicago, IL
    Neutral Outlook

    I worked at Northern Trust as a contractor (More than a year)

    Pros

    Genuine diversity; highly ethical values. Stable, conservative company that does not take unnecessary business risks.

    Cons

    Recent emphasis on cost cutting and increased productivity, which has affected employee morale and efficiency. Increased outsourcing of technical activities. Many hours spent in meetings, most of which are not productive.

    Advice to Management

    Keep long-term goals in mind, not just the stock price.


  2. "Great place and working environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Second Vice President in Chicago, IL
    Current Employee - Second Vice President in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northern Trust full-time (Less than a year)

    Pros

    people are very nice and humble, willing to help each other, great team players.

    Cons

    need to update the phone system

There are newer employer reviews for Northern Trust
There are newer employer reviews for Northern Trust

See Most Recent

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