Northern Trust Reviews | Glassdoor

Northern Trust Reviews

Updated June 24, 2018
1,540 reviews

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3.8
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Northern Trust CEO Michael OGrady
Michael OGrady
833 Ratings

1,540 Employee Reviews

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Pros
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  1. Helpful (2)

    "Hedge Fund Services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Tempe, AZ
    Current Employee - Anonymous Employee in Tempe, AZ
    Recommends
    Positive Outlook

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

    Pros

    Plenty of opportunities, the Tempe office is growing fast. One of the few companies in the greater Phoenix area that give employees exposure to an industry that is dominated by the traditional financial centers, ie NY, Chicago, LA.

    Cons

    Some roles require working CST hours at least some of the time.


  2. Helpful (1)

    "NT - Great Opportunites and Room for Growth"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Performance Analyst in Tempe, AZ
    Current Employee - Investment Performance Analyst in Tempe, AZ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good work-life balance, good benefits, focus on diversity and inclusion, active in the community. Rapid growth provides an abundance of opportunity to advance. Support behind moving teams within the bank to advance your career.

    Cons

    Lack of daily benefits (ex: no free coffee, have to pay for plastic forks). Culture is still young, less established than other places. Lack of sponsorship (financially) for team bonding experiences such as lunches or team happy hours.

  3. "Good Org"

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

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

    Pros

    Culture and People. Work life balance

    Cons

    Banking industry macro woes at Northern too.


  4. "Northern Trust Experience"

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

    I worked at Northern Trust full-time (More than 8 years)

    Pros

    Ethical institution. Generally solid, fun colleagues. Some incredible capabilities, and global business. Management truly supports work-life balance. Solid benefits program.

    Cons

    Slow-moving; horrendous and unpredictable sales cash incentive system that rewards certain sales people and screws everyone else; deeply distrustful of change.


  5. "Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in San Francisco, CA
    Former Employee - Vice President in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Northern Trust full-time (More than 3 years)

    Pros

    Stable, large,work with quality people

    Cons

    bureaucratic, process(some out of date) driven, Chicago "centric", office culture depends upon location

    Advice to Management

    The Revenue/Profit silos do not work well with each other. There is too much defending of your own turf and protecting revenue (trying to look good)


  6. "Analyst"

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

    I worked at Northern Trust full-time (Less than a year)

    Pros

    Location, training provided, quality of people

    Cons

    WLB, compensation offered, slow growth


  7. "Great company!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Accounting Associate in Chicago, IL
    Current Employee - Accounting Associate in Chicago, IL
    Recommends

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

    Pros

    Awesome benefits...child care on site, cheap parking, tuition reimbursement, pension plans, 401K w/ employee match, great upper management, good staff, awesome overall.

    Cons

    Little on the lower end with pay. However, just maintain good negation skills.

  8. "Excellent, Excellent Company"

    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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Very well run company.
    Highest level of integrity.
    Focused and does not stray into other businesses to chase revenue.

    Cons

    Company does not do enough to retain employees who give 120%.
    As a public company, very focused on pleasing Wall Street.


  9. "Poor Working Environment - HFS"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Northern Trust full-time

    Pros

    There are a few employees who truly care about the work they’re doing and are interested in helping others.
    The management of certain teams take great care of their employees but that is not the norm.

    Cons

    Unlimited backstabbing by management and associates alike.
    The company is not truthful about comp increases or work-life balance during interview process.
    Verbal abuse runs rampant.

    Advice to Management

    The high turnover rate speaks for itself.


  10. "Client Service Representative, Global Investment Group"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Opportunity for growth & movement within company. Excellent benefits.

    Cons

    Depending on which business business area, office politics still have stronghold


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