Northern Trust Reviews | Glassdoor

Northern Trust Reviews

Updated September 22, 2017
1,322 reviews

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3.7
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1,322 Employee Reviews

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Pros
Cons
  • Bad work-life balance in Transfer agency (in 38 reviews)

  • Senior management promotes an opt out culture (in 27 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (16)

    "Outstanding Company to Work For"

    StarStarStarStarStar
    • 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. "Great Place to begin your carerr"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Futures Officer in Chicago, IL
    Former Employee - Financial Futures Officer in Chicago, IL
    Recommends
    Approves of CEO

    Pros

    They respect their employees and compensate them fairly. They offer different chances to move towards goals depending on your strengths.

    Cons

    The size of the company can lead to group think! If you do not work very hard, you can just get by. You need to work at standing out to get promoted! But then there is a very clear path to success

    Advice to Management

    Be sure to mentor as many people as you can.

  3. "Company Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Portfolio Manager in West Palm Beach, FL
    Current Employee - Associate Portfolio Manager in West Palm Beach, FL
    Recommends
    Approves of CEO

    Pros

    Terrific all-around place to work. Couldn't be much happier with my career here.

    Cons

    The pay scale is below market rate on most positions within the company. The company compares it's salary data to the wrong competition, which skews the "Market Rate" the company comes up with.

    Advice to Management

    Pay your quality people well, and you'll continue to have quality people. All-around great place to work, would not substitute the culture for any other place on the street.


  4. "Overall great company"

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

    Pros

    - Company culture is great, very open and encouraging, people get along well - very Midwestern (in a good way)
     - Employees are given access to senior-level management
     - Work-life balance is easily maintained

    Cons

    - Compensation levels seem to be lower than average, especially for entry-level positions
     - Work load is sometimes too light for entry-level positions, leaving employees with not enough to do to fill the day

    Advice to Management

    All I can say is keep up the good work!


  5. "A great internship with much learning."

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

    Pros

    Work-life balance, friendly people, trustworthy name.

    Cons

    May be stagnant at times, difficult to make a dent right away.

    Advice to Management

    Take a more aggressive stance.


  6. Helpful (1)

    "A great workplace culture with opportunities for growth!"

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

    Pros

    Great employee development programs.
    Tenure and experience is appreciated.
    Senior Management support and open to mentoring.
    #1 in work/life balance.

    Cons

    Some employees are complacent (taking advantage of work/life balance).
    Takes too long to implement solutions.

    Advice to Management

    Trim the fat...look at individual productivity and hold employees accountable.


  7. Helpful (1)

    "Northern Trust"

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

    I have been working at Northern Trust full-time (More than 5 years)

    Pros

    Great Co-Workers and job experience

    Cons

    Benefits tend to be below average

  8. "Great place and working environment"

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

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

    Pros

    people are very nice and humble, willing to help each other, great team players.

    Cons

    need to update the phone system


  9. "Great place to work"

    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 10 years)

    Pros

    Oppurtunity, Variety, People, Clients, Driving Performance

    Cons

    Advancement, Compliance requirements, stability, crazy busy

    Advice to Management

    Keep your focus on people...


  10. "Northern Trust"

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

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

    Pros

    great company, employees are treated well. fair pay, great vacation and other benefits

    Cons

    they have been doing to much outsourcing.

    Advice to Management

    keep doing the great things you are doing, but try to keep more jobs here in chicago


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