Northern Trust Reviews | Glassdoor

Northern Trust Reviews

Updated Feb 24, 2020

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3.6
76%
Recommend to a Friend
90%
Approve of CEO
Northern Trust CEO Michael OGrady
Michael OGrady
1,080 Ratings
Pros
Cons
More Pros and Cons
  1. Helpful (1)

    "Great Entry Level Position"

    StarStarStarStarStar
    Current Employee - Alternative Investment Analyst 

    I have been working at Northern Trust full-time for less than a year

    Pros

    Great staff, growth opportunities, industry recognition, great schedule, very accepting environment

    Cons

    Company software is cumbersome, conservative innovation

    Northern Trust2019-09-04
  2. "Great Company To Start Your Career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Performance Analyst 
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Northern Trust full-time

    Pros

    Great work Life/Balance, Daily Client Interaction, Benefit

    Cons

    Pay could be higher, some roles not that exciting

    Northern Trust2020-02-20
  3. "NT"

    StarStarStarStarStar
    Current Employee - Team Leader 

    I have been working at Northern Trust full-time

    Pros

    Diverse. plenty of opportunities to grow professionally

    Cons

    Can at times appear quite conservative

    Northern Trust2020-02-16
  4. "Good learning environment"

    StarStarStarStarStar
    Former Employee - Anonymous Employee 

    I worked at Northern Trust full-time

    Pros

    People actively engage new employees.

    Cons

    Pay and bonuses are too low

    Continue reading
    Northern Trust2020-02-05
  5. "Outdated systems and lack of technological upgrades."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Consultant in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Northern Trust full-time for more than a year

    Pros

    Close knit teams. Low rate of lay offs. Opportunity for internal movements and recognition for good work.

    Cons

    Senior employees (age wise) are not coach-able and refuse to change the way the work is done. People print a lot of stuff and computer skills seems to be lacking. The proprietary systems are outdated and technological upgrades are needed bank wide.

    Continue reading
    Northern Trust2020-02-19
  6. "Great Place, Low Pay"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Trust Officer in Tempe, AZ

    I have been working at Northern Trust full-time for more than 3 years

    Pros

    Great place to work. Good atmosphere. 401 and pension plan.

    Cons

    Low pay compared to the market. Processing groups can really slow down and cause problems for the people who are client facing. There is a lot of "not for me" people in the bank who don't want to make any effort and just pass you around when you have issues. Often have reinvent the wheel to get things solved. Systems are outdated and laggy.

    Northern Trust2020-02-16
  7. "Ops"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Approves of CEO

    I worked at Northern Trust full-time for more than a year

    Pros

    Company benefits and lateral movements.

    Cons

    Behind in technology and innovation.

    Northern Trust2020-02-09
  8. Helpful (1)

    "Poor compensation for hard work"

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

    I worked at Northern Trust full-time for less than a year

    Pros

    -Nice people -Good place to learn

    Cons

    -Incredibly outdated technology -Misleading incentive program -Poor performance bonus -Every request must be made through portals which take lots of time

    Continue reading
    Northern Trust2020-02-06
  9. "Good to learn about investments/portfolio structure. Good to learn how investments are valued and performance is used"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Positive Outlook

    I have been working at Northern Trust

    Pros

    Good work/life balance. Stable company, and good benefits.

    Cons

    Executive leadership seems focused on driving costs down. Consistently cutting budgets for team outings and additional education coverage. Depending on your role, growth opportunities may or may not be present.

    Continue reading
    Northern Trust2020-02-01
  10. "NT go"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Connectivity Coordinator 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Northern Trust full-time for more than a year

    Pros

    Easy job, not hard to perform

    Cons

    Toxic culture makes work weird

    Northern Trust2020-01-30

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