Northern Trust - Still retrenching | Glassdoor
There are newer employer reviews for Northern Trust
There are newer employer reviews for Northern Trust

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Helpful (1)

"Still retrenching"

StarStarStarStarStar
  • 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
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

I have been working at Northern Trust full-time (More than 5 years)

Pros

Work life balance
Good place for semi-retirement if that's what you want
Good place if you are willing to leverage your connections to big money
Its conservativeness will keep it out of big trouble but also miss big opportunities

Cons

Highly political
Must be a networking cheerleader to succeed
Very PC
Consensus style drives very slow decision making
Challenging established thinking is punished
Management is out of touch with the market and the workers
Pay is low relative to the market but they don't ask for much either
Mediocrity is abundant -no surprise given the rest
Avoid if you are ambitious or action-oriented

Advice to Management

Lead by example -take your cuts first

Other Employee Reviews for Northern Trust

  1. Helpful (1)

    "Loses talented employees at lower levels due to lack of progression and below market salaries"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Northern Trust full-time (More than 5 years)

    Pros

    Offers the opportunity for international assignments to India, Australia etc. Cafeteria facilities are very modern and offer lots of choice!

    Cons

    Can be quite a depressing place to work at times with a lot of employees feeling under valued. Young talent tends to stick around for a year or two and then get poached by competitors offering much larger salaries and better career prospects.

    Advice to Management

    Value your employees more, offer advancement and don't just pay the bare minimum as the company will lose out when they leave to go somewhere that pays more.


  2. Helpful (1)

    "Generally a pretty good place to work especially for work/life balance."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Vice President in Chicago, IL
    Current Employee - Senior Vice President in Chicago, IL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Northern Trust full-time (More than 10 years)

    Pros

    For the most part it is a high integrity organization. I have never been asked to compromise my values. A good place for work/life balance. It is rare that I need to work more than 45 or 50 hours a week and most managers are very flexible around work schedules.

    Cons

    Too many layers of management and management that tends to take care of itself before taking care of others. Pay and benefits are just OK.

    Advice to Management

    If you are asking others to take cuts in pay and benefits don't take big raises for yourself.

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

See Most Recent

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