Northern Trust Reviews | Glassdoor

Northern Trust Reviews

Updated October 21, 2017
1,350 reviews

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  1. "transfer agency"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    great training and great people to work with

    Cons

    the pay could use an upgrade


  2. "Good place"

    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 (More than a year)

    Pros

    Everything is great about this company. Really good benefits

    Cons

    Not a thing thus far

  3. Helpful (3)

    "Training is Not a Priority"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Relationship Associate in Chicago, IL
    Former Employee - Account Relationship Associate in Chicago, IL
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Benefits are great
    -Good salary
    -3 weeks vacation
    -6% 401(k) matching
    Non-management employees are nice

    Cons

    -Management is out of touch
    -Manager told me "I don't like training"
    -You're scrutinized for asking questions
    -Teamwork is discouraged

    Advice to Management

    When someone asks a question, have the decency to turn around and face them.
    Don't talk poorly about employees to other employees.
    Don't take your personal problems out on employees.
    Don't play favorites.


  4. "Great culture, median pay"

    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
    Approves of CEO

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

    Pros

    Culture
    History
    Diversity Programs

    Cons

    Pay isn't competitive - pays more at the median


  5. "2VP"

    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

    Very ethical and established organization. Concerned for clients and providing incredible service.
    Service
    Products
    Culture
    Diversity at lower ranks
    Global presence

    Cons

    Very challenging for career advancement. Clueless as to how some folks are promoted and have opportunities and others not. You are on your own and told to network for any hope of advancement.
    No clues given as to salary range for positions so you don't know if mooning into a position is a lateral or upward move.

    Advice to Management

    Open up salary ranges. Why is this a secret? Encourage senior management to hire upward from within the organization. Improve your HR recruitment staff - very poor.


  6. "Rating"

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

    I have been working at Northern Trust full-time

    Pros

    Paid Time Off
    Plenty of Opportunities to move upwards
    Great work/life balance

    Cons

    Compensation and benefits could be better


  7. Helpful (2)

    "World Class Organization"

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

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

    Pros

    Northern Trust is a financial institution with a rich history built on a strong Midwestern culture and collaborative environment. They provide their internal Partners career development and growth opportunities, comprehensive benefits (including a fully funded pension) and excellent work life balance.

    Cons

    Northern Trust is conservative in their approach and the flip side of a collaborative environment is that it can be slow to adopt and implement change.

  8. Helpful (2)

    "Talent Acquisition"

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

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

    Pros

    - Great interview process; very transparent and candid about the challenges and perks
    - Welcoming team; there isn't one person on the TA team who would hesitate to set their work aside to help you out
    - Good benefits - OK Health Insurance, but it's made up for by a Pension Plan(!) and 401K matching, as well as other local discounts to health clubs, museums, etc.

    Cons

    - The benefits are a bit pricey, but still very reasonable


  9. Helpful (1)

    "more bureaucratic than I am accustomed to"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Northern Trust full-time

    Pros

    great history and reputation. Lots of longevity at firm. Comp is at the very low end of teh market.

    Cons

    People afraid of taking risk or speaking out when it could be so helpful. Too many processes that are designed to justify the existence of people/budget. Feels at times you work for the US gov't because of the bureaucracy.

    Advice to Management

    There needs to be more collaboration between management and their team. The culture is very top down. It might be difficult to hear but your partners in the trenches will tell you where you are going wrong if they feel the input is welcome.


  10. Helpful (1)

    "2nd Vice President Recruiting Consultant"

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

    Pros

    Fabulous culture, fabulous history of success, continued growth despite having been in existence 128 years; never rests on its laurels--award winning.

    Cons

    Hard pressed to find any to be quite honest. This company strives to be the best and has integrity doing so.

    Advice to Management

    Continue to seek input from the individual contributors that are on the front lines and have valued input to make things even better than they are.


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