Northern Trust

  www.northerntrust.com
  www.northerntrust.com
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Northern Trust Reviews

Updated 18 September 2014
Updated 18 September 2014
492 Reviews
3.3
492 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
283 Ratings

Review Highlights

Pros
  • Culture that built a great reputation serving clients well and supports work/life balance (in 100 reviews)

  • Good work culture, people are friendly, and the salary for fresh grads is competitive (in 26 reviews)


Cons
  • Management does not care about your home work life balance (in 9 reviews)

  • management in some divisions punishes employees for voicing concerns to senior management (in 16 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    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 for 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
  2.  

    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 for 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
  3. 1 person found this helpful  

    Great company with incredible potential.

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

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

    Pros

    Potential for growth (Company and Individual), Work-Life balance, Pension, Career Opportunities

    Cons

    Very slow decision making, Mid level management lacking tactics, Salary not in par with the market.

    Advice to ManagementAdvice

    The wheel has been reinvented a bit too many times and stashed away.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Great culture, support, opportunity if you're willing to move

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

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

    Pros

    Culture, flexibility, promoting from within

    Cons

    Pay, promotion within business unit

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Performance gets rewarded

    • 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 full-time for more than a year

    Pros

    work culture, work-life balance, learning

    Cons

    for me all good till date

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Great organization

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

    I have been working at Northern Trust as a contractor for more than a year

    Pros

    Great work life balance,Great people,pension

    Cons

    Not the best salary,slow decision making

    Recommends
    Positive Outlook
  8.  

    Decent Experience/Great First Career Step

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

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

    Pros

    Northern Trust carries strong reputation among SuperRegional Banks, and has been around for quite some time. As a first career, any entry level position is a step up on your resume. Benefits are great, and salary is manageable.

    Cons

    Salary isn't something that's a strong point here, seems like all entry level positions are atleast 10% under the market norm. Management has too many similar roles paying VP's and Sr VP's to do Consultant/TC roles. The TL position is supposed to carry management duties, however most are overriden by the Team Manager, so role is basically a TC without overtime.

    Advice to ManagementAdvice

    Cut down on management and pay the entry-level partners a better starting salary and maybe turnover wont be as terrible.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Great Place to Work

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northern Trust

    Pros

    Great people
    Great Pay
    Great City
    Lots of opportunity
    Great fun

    Cons

    No cons that I can think of.

  10.  

    Great Culture

    • 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 full-time for more than a year

    Pros

    Pay is competitive, SME skillset, great working environment

    Cons

    promotions seem to be siloed

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Consultant

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

    I have been working at Northern Trust full-time

    Pros

    good compensation for entry level positions. HR is also very hard working in terms of hiring

    Cons

    long hours and we have to work even holidays

    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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