Northern Trust Reviews | Glassdoor

Northern Trust Reviews

Updated February 22, 2017
1,151 reviews

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Full-time Part-time

3.7
Star Star Star Star Star
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Northern Trust President, CEO, and Director, Northern Trust Corporation and Northern Trust Company Rick Waddell
Rick Waddell
594 Ratings

1,151 Employee Reviews

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More Pros and Cons

  1. Featured Review

    Helpful (1)

    "Outstanding Company to Work For"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northern Trust full-time

    Pros

    Northern Trust has good benefits, PTO, welcoming atmosphere, value work life balance and career mobility. I have been with the company for over 2 years and I've been very pleased with the way they treat their employees.

    Cons

    At this time I have no cons


  2. "Proud to work at Northern Trust"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Wealth Advisor in Houston, TX
    Current Employee - Associate Wealth Advisor in Houston, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Conservative firm and very deliberate in strategy and processes, relative exposure to highest levels of organization, easy to make a long term career

    Cons

    Partner technology lacking, easy to get overworked, little accountability for underperforming partners, no insight to salary ranges across organization for identical roles

    Advice to Management

    Provide partners with best tools available to serve clients efficiently


  3. "Second Vice President"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northern Trust full-time

    Pros

    Stable, resilient, work-life balance, benefit, values

    Cons

    Some complacent coworkers, compensation, silos, expense management


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  5. "Data Analyst at Northern Trust Corporation"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northern Trust full-time

    Pros

    Laid-back company culture, quick upward mobility, very good work-life balance

    Cons

    Slow culture, not easy to quickly get work done if dependent upon others.


  6. "A good cultural fit"

    Star Star Star Star Star
    • 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
    Approves of CEO

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

    Pros

    Management is committed to work/life balance with many options from which to choose.
    Growth company expanding globally.

    Cons

    Necessary change is being implemented but as is the tradition at Northern, change comes about slowly and with a conservative approach.

    Advice to Management

    Eliminate roles that are not necessary for the growth of the corporation. To keep expense controlled, eliminate the "nice to have roles".


  7. "Senior Vice President"

    Star Star Star Star Star
    Current Employee - Director of Banking Advisory - Financial Sponsors in Los Angeles, CA
    Current Employee - Director of Banking Advisory - Financial Sponsors in Los Angeles, CA

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

    Pros

    relationship driven bank with long standing reputation

    Cons

    conservative institution with low risk appetite


  8. "Great Work Environment"

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

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

    Pros

    The culture is generally laid back
    The people are very easy to work for and with
    Very flexible and understanding work-life balance

    Cons

    Limited opportunities for growth
    Pay is slightly below market


  9. "Sr. Account Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at Northern Trust full-time

    Pros

    Great People that work for Northern

    Cons

    pay is not that great


  10. "Analyst, IT Projects"

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

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

    Pros

    Great company values and benefits. Bank holidays. Great job opportunities globally. Long tenure with employees. Truly feels like you are a valued employee.

    Cons

    The tenure is a pro and a con, not much of a millennial presence, company has an outdated feel. Hopefully that will be changing in the years to come.


  11. "Working Enviornment"

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

    I worked at Northern Trust (More than 10 years)

    Pros

    Northern Trust has a deeply rooted culture of integrity and client servicing. Every aspect of work is influenced by this culture. Northern was also known for taking care of its employees and providing generous benefits.

    Cons

    Like many banks based on fees, Northern has come under pressure to produce profits. The home town atmosphere that once prevailed has been slowly eroding has it becomes a global services firm. Benefits have been reduced and cost reducing efforts have come at the expense of replacing long term employees and moving positions to low cost centers

    Advice to Management

    The bank would be well advised to develop strategies that focus on growth and less on relocating positions to save costs.



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