Northern Trust - Not the Northern Trust of old | Glassdoor
There are newer employer reviews for Northern Trust
There are newer employer reviews for Northern Trust

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Helpful (1)

"Not the Northern Trust of old"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Compensation Consultant in Chicago, IL
Current Employee - Compensation Consultant in Chicago, IL
Doesn't Recommend
Neutral Outlook
No opinion of CEO

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

Pros

Many good people work here, and the location in the Loop is great.

Cons

Compensation has been lagging the past 4 years, and expense controls are taking their toll on people. Overall atmosphere has become quite gloomy.

Advice to Management

Be careful that expense control efforts don't inadvertantly undermine productivity.

Other Employee Reviews for Northern Trust

  1. Helpful (1)

    "Good place to start career and learn"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Analyst in Phoenix, AZ
    Current Employee - Loan Analyst in Phoenix, AZ
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Good reputation in the industry, solid and stable business that has been around forever, overall high net worth clientele due to nature of business (private banking)

    Cons

    Very conservative in all aspects (not necessarily bad), technology is dated and systems need updating, change is slow to happen


  2. Helpful (2)

    "Vice President/Stable and Caring Organization"

    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
    Positive Outlook
    Approves of CEO

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

    Pros

    Good Work/Life Balance
    Great People
    Good Benefits

    Cons

    Systyms need to be upgraded/too slow
    Although there are good opportunities throughout the organization; it is difficult to transition to certain areas (ie. Client Facing Roles, Human Resources) Transferrable skills are not always considered

    Advice to Management

    Rick Waddell is a great leader and walks the walk. He also holds his direct reports accountable for ensuring they stay close to their people and understand what is going on beyond the numbers. Stay focused on the internal talent and ensure there are opportunities for talented people to continue growing. Encourage all business units to consider transferable skills for opportunities beyond the "raw" experience within a certain area. Many transferrable skills can't be learned (ie. good management skills, communication skills, leadership, etc.) Business knowledge can be learned.

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

See Most Recent

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