Northern Trust - Was once a good place to work | Glassdoor
There are newer employer reviews for Northern Trust
There are newer employer reviews for Northern Trust

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Helpful (1)

"Was once a good place to work"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Product Developer in Chicago, IL
Former Employee - Product Developer in Chicago, IL
Doesn't Recommend
Negative Outlook
Disapproves of CEO

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

Pros

I worked for TNT for over 15 years and developed many friendships. Most of the people there are great people.

Cons

Management doesn't care about employees any more. They only care about shareholders. Benefits have been greatly reduced in the last 10 years. Everything is about cutting expenses, cutting expenses, cutting expenses. A lot of dead weight at Northern. If you want a job where you don't want accountablility then Northern is the place. The good workers have to make up for the dead wieght and get burnt out.

Advice to Management

Think about your people, not about yourself and shareholders. Your people are the ones that are the company. Make people accountable.

Other Employee Reviews for Northern Trust

  1. Helpful (1)

    "Great place to work with"

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

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

    Pros

    Awesome Team to work with.
    - Health Benefits is good.

    Cons

    I didn't have any idea about salary. Salary - Not that great. Got to know only after started working. My friends are getting paid by 20% more. So whoever read this, negotiate well.


  2. Helpful (1)

    "Still retrenching"

    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
    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


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

See Most Recent

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