Northern Trust - Overall a decent 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 (2)

"Overall a decent place to work"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
Recommends
Neutral Outlook
Disapproves of CEO

Pros

The best part about Northern Trust is the stability. You have the ability to move around quite a bit, especially if you meet the right people. Great work-life balance.

Cons

The salary is horrendous, especially if you start right out of college. They tend to give you 1-2% increases every year. You tend to get 10% if you change jobs. You can only make good money if you leave and come back.
Even the horrible employees don't get fired.

Other Employee Reviews for Northern Trust

  1. Helpful (2)

    "Great reputation, so-so pay with work life balance"

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

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

    Pros

    It is nice to work for a company with a great reputation. It can make obtaining new business easier. Most people don't work more than 45 hours per week, so there is work-life balance.

    Cons

    Raises for the common folk are small. The executives get nice raises. Limited career mobility. Lots of projects to handle while managing your clients. Middle management keeps expanding.

    Advice to Management

    Pay your people well in a record breaking year, don't blame the interest rate enviornment for low raises. SVPs and above should be more accountable for new business - they should be rainmakers.


  2. Helpful (1)

    "Solid but not great place to begin a career"

    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
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Since it's a big company there are lots of internal opportunities. Networking is great and encouraged; most people in higher positions are willing to speak with you. Great benefits and they treat employees very well.

    Cons

    Super conservative, all respects (thinking, investing and salaries). They rarely fire anyone, people stay in the same position for 20 years. Very low employee motivation. Raises and promotions can be very political.

    Advice to Management

    Make the better decisions quicker

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

See Most Recent

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