Northern Trust

www.northerntrust.com

Northern Trust Reviews

Updated 29 January 2015
Updated 29 January 2015
562 Reviews
3.3
562 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
322 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.  

    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
  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 (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 to work for

    • 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

    Managers are very supportive. Very much work-life oriented company. Training and growth are very much encouraged.

    Cons

    I would need to investigate further as to whether or not I'm paid fairly. I don't think that they have annual salary increased any longer, unless you have a major expectation change.

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Good place to work

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

    I worked at Northern Trust (more than a year)

    Pros

    Some really nice people work there, and some of them really know their stuff. They have a lot of technology projects, and bright people at the top running them. They're a major market maker and a very reputable old Chicago institution. Some people have been there for decades.

    Cons

    The organization is a bit bureaucratic, so things take time to get approval. It seems, some people do about 30 minutes of real work every other day. Others work unpaid overtime to pick up the slack. Agressive offshore recruiting onsite derails many a project. They have some pretty old tech there and need to cut the cord.

    Advice to ManagementAdvice

    Read Good to Great?

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Conservative Financial Services Company

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

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

    Pros

    - Great work-life balance
    - Company is risk averse/conservative
    - Pension plan
    - Hardworking people
    - Strong & easy going culture/history

    Cons

    - Hard to move up, promotions are hard to come by
    - Outdated tech
    - Benefits are OK
    - Tend to hire people with a lot of experience/overqualified
    - Compensation could be better

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Good company, good opportunities

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northern Trust

    Pros

    Good opportunities for family people or those that are good "people people" and can easily build relationships. Hours are consistent.

    Cons

    Relationship building can be challenging. Can be slow to implement "standard technology".

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    Summer Intern-Chicago

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

    I worked at Northern Trust

    Pros

    Loved this program, got alot of connections and
    learned alot.Good pay too.

    Cons

    None really. Its was fast pace but so is this industry so no complains

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    I loved the experience in working for great people and all project teams within the organization.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Challenging But Rewarding
    Former Employee - Challenging But Rewarding

    I worked at Northern Trust as a contractor (more than 5 years)

    Pros

    Work ethic and flexibility. Very positive and rewarding environment.

    Cons

    I have none. It was a great company to work for.

    Advice to ManagementAdvice

    Keep up with being the empowering organization that you are.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Senior Analyst

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

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

    Pros

    Good working environment.
    Managers are very helpful and approachable.
    Good training provided as a new employee.

    Cons

    The company has no drawbacks.

    Recommends
    Positive Outlook
    Approves of CEO

Work at Northern Trust? Share Your Experiences

Northern Trust

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.