Northern Trust - Not a challenging environment | Glassdoor
There are newer employer reviews for Northern Trust
There are newer employer reviews for Northern Trust

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Helpful (2)

"Not a challenging environment"

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

I have been working at Northern Trust full-time (More than 3 years)

Pros

You have a LOT of flexibility. Great for family man/woman. Getting fired is near impossible.

Cons

Pay is terrible. Moving up within your department is difficult. They don't get rid of under performing employees. The "training" they offer is a waste of time. I couldn't believe I was paid to train for a month and when I was finally assigned to my team, I was told by everyone on the team to forget what I learned. Northern prides its self in being conservative, but I believe there is a difference between being conservative and being old fashioned. They need to get with the times. I'll finish by saying again that their pay is terrible which is why they can't retain any talent.

Advice to Management

Offer better pay incentives. You need to challenge employees more, they are craving it, and with it compensation in return. Ask yourself what kind of culture are you breeding? You pay below the industry standard, you let good talent leave, and don't set the bar very high for those that remain. Looking for a job can be daunting especially if you have a family, but quite the opposite when jobs find you. We live in a time where social media and the internet is making it easier for headhunters and recruiters to find talent within companies

Other Employee Reviews for Northern Trust

  1. "On the decline in this department"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great people to work with.

    Cons

    Hours are not family friendly.


  2. "A very conservative company"

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

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

    Pros

    If you really interested to work in conservative environment, then this is best company.

    Cons

    Not easy rise in career perspective. Have to work hard.

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

See Most Recent

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