2nd Vice President - Anonymous employee Northern Trust Employee Review

1.0
10 Aug 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The benefits package and pension is very good

Cons

The company structure and lack of any support, the management is based on micro management but also any lack of management support when it's needed. The whole structure is based on blame and who can take the fall. No ownership is ever taken and if it does it's very much swept under the carpet. There is an uncomfortable atmosphere and there are a lot of old pockets of staff that have been in the same roles for many years and lack any responsiveness to admitting errors, providing support or even open to change. The firm is built on its customer excellence however this is clearly lacking operationally internally. Unfortunately a very very toxic environment. Almost felt like working with a pack of fighting dogs.

Explore other reviews about Northern Trust

5.0
12 June 2026
Recommend
CEO approval
Business outlook

Pros

Good benefits and a lot of time off

Cons

Hours are not the best in my department

2.0
21 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Nice people and a good environment. Benefits are good and the work is interesting. On a scale of 1 to 10, I would rate NT as a 7. But, it’s typical big corporate crap that hands out 2% raises and minimum bonuses during a good year yet spends $360 million this past quarter buying their stock back.

Cons

Constant reminders to do more with less and cut costs and belt tightening while the execs line their pockets and you maybe get a 2% raise. I could see such actions if the firm was doing bad financially, but they aren’t. Record this and record that for many quarters now. And they walk around patting each other on the back like they all did such a great job when in reality, the markets are up so the value of the assets we manage are up. I’m wondering what sort of actions will happen when the market goes south for several quarters. Oh. And the constant state of surveillance here is BS. Tracking to make sure you are here 3 days a week. Keyboard / mouse / PC tracking systems receding your activity. It’s like a 21st century high tech sweatshop in some ways.

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