Northern Trust - IT is on the verge of being hated among the bank due to outscoring and finger pointing.... | Glassdoor
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There are newer employer reviews for Northern Trust

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Helpful (1)

"IT is on the verge of being hated among the bank due to outscoring and finger pointing...."

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

I have been working at Northern Trust full-time (More than 8 years)

Pros

Diversity, many great programs for professionals who are like minded. Yearly trainings in other subject matters. In the heart of downtown.

Cons

Extremely high in corporate politics, very resistant to change when new ideas are brought to the table. Must follow chain of command when you question anything. Pay and bonus are average or below market. A lot of "Damned if you do, and your damned if you don't" moments.

Advice to Management

Allow the youth within company to grow and leverage processes for better efficiency. C level executives say one thing but middle management will not allow subordinates to challenge current processes or incorporate new ideas to drive performance.

Other Employee Reviews for Northern Trust

  1. Helpful (1)

    "Tons of Bureacracy, lack of Growth"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Analyst in Chicago, IL
    Current Employee - Investment Analyst in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Northern Trust full-time

    Pros

    Rarely lay off employees, good work/life balance

    Cons

    Lack of growth opportunities and low pay

    Advice to Management

    Promote younger employees!


  2. Helpful (2)

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

    Star Star Star Star Star
    • 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.

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

See Most Recent

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