Northern Trust

www.northerntrust.com
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Northern Trust Reviews

Updated 25 February 2015
Updated 25 February 2015
578 Reviews
3.3
578 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Northern Trust President, CEO, and Director, Northern Trust Corporation and Northern Trust Company Rick Waddell
Rick Waddell
328 Ratings

Review Highlights

Pros
  • Great place to work & great work life balance; especially during the tax season (in 120 reviews)

  • Decent work -life balance, good work environment and a good salary for a start (in 32 reviews)


Cons
  • Lack of effective work-life balance despite the fact that Northern says they promote the issue (in 12 reviews)

  • management in some divisions punishes employees for voicing concerns to senior management (in 18 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Stable Job Limited Career Opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Performance Consultant in Melbourne
    Current Employee - Investment Performance Consultant in Melbourne

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

    Pros

    Work-life balance if permissible
    Fundamental system works
    Good for those who appreciate shut-up and work
    Annual CPI payrise despite title or functional promotions
    Growing fast in Australian market

    Cons

    Outdated system that often requires IT team to resolve issues (Slow system and offshore IT people adding to the slowness)
    Large-scale of offshore support partners with limited control for onshore partners which limits quality control
    US-centric, not willing to invest/build local talents (thus no career progression and payrise)

    Advice to ManagementAdvice

    No advice required as management knows their advantages and deficiencies

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    Ok can be better

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

    I have been working at Northern Trust (more than 5 years)

    Pros

    Global mobility, flexible working conditions, benefits such as health cover and pension

    Cons

    Desicion making can be hierarchical, low salary

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3.  

    Stable with no career progression

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Consultant in Melbourne
    Former Employee - Consultant in Melbourne

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

    Pros

    Stable career doing similar work day-in and day-out
    Recognized global brand
    Some support for academic studies

    Cons

    Lack of career progression
    Incompetent local management outside US
    Lack of support from Bangalore in Middle Office despite years of effort to embrace their failures to improve
    Inconsistent process and procedures, very people-driven
    Poor communication between departments with large clear responsibilities gap
    Disproportionate benefits

    Advice to ManagementAdvice

    Improve competence and reduce bureaucracy

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Decent company with not the best salary

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northern Trust

    Pros

    Office culture, time-off policies, people

    Cons

    Compensation, technology, leadership, management, promotions

  6.  

    Worth your Career Journey

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

    I have been working at Northern Trust

    Pros

    Employee Friendly, Career Pathing opportunities, Great Training

    Cons

    Matching the industry standards for compensation

    Advice to ManagementAdvice

    Focus on non monetary incentives

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Awesome

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Bangalore (India)
    Current Employee - Analyst in Bangalore (India)

    I have been working at Northern Trust

    Pros

    Awesome place to work.
    Excellent atmosphere between people.

    Cons

    Might get difficult to climb the laddar

    Advice to ManagementAdvice

    Increase the spread of visibility

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Good client-focused company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Inst Representative in Chicago, IL (US)
    Current Employee - Senior Inst Representative in Chicago, IL (US)

    I have been working at Northern Trust full-time (more than 10 years)

    Pros

    Fair, good benefits. Consistent company to work for.

    Cons

    Limited opportunities/job challenges. Over- utilizing some and not utilizing others.

    Doesn't Recommend
    Neutral Outlook
  9.  

    Great place to work

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northern Trust

    Pros

    Great environment and coworkers, offers a pension plan for employees.

    Cons

    Salary seems lower than others in the industry.

  10.  

    Technical Coordinator

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technical Coordinator in Chicago, IL (US)
    Former Employee - Technical Coordinator in Chicago, IL (US)

    I worked at Northern Trust full-time (more than 5 years)

    Pros

    Good Hours ... Good Learning environment within the back office.

    Cons

    Slow process regarding promotions and compensation.

    Advice to ManagementAdvice

    Rethink compensation for highly value employees. Don't act so shocked when partners move elsewhere.

    Recommends
    Neutral Outlook

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