Northern Trust

www.northerntrust.com
Employer Engaged

Northern Trust Reviews

Updated 4 March, 2015
Updated 4 March, 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. 3 people found this helpful  

    Toxic Office Environment - Steer clear!! Toronto office

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

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

    Pros

    Good benefits
    10% pre-tax company contribution to RRSP

    Cons

    Dysfunctional management
    Office morale is very low
    Very low (if any) raises and bonuses
    Company continues to move work to India, cutting jobs elsewhere and dumping more work on remaining employees.

    Advice to ManagementAdvice

    Stop hiding in your offices and actually ask your employees what is good/bad, how to improve things, etc.

    Doesn't Recommend
    Disapproves of CEO
  2. 2 people found this helpful  

    Good benefits but management is dysfunctional

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

    I have been working at Northern Trust full-time (more than 8 years)

    Pros

    Great overall benefits - 10% company contribution to the RRSP with no employee contribution required

    Cons

    Small office so very little chance for career advancement
    Raises and bonuses are pathetic (2013 there is no raise at all)
    Management communication is non existent
    Losing more clients than gaining
    Office morale is horrible

    Advice to ManagementAdvice

    Give employees a raise to at least match the cost of living increase.
    Bonuses are a joke - Make it worthwhile to show that employees are valued
    Communicate openly with the office on what is going on with the business

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Good company to start as a fresher and best working environment

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

    I have been working at Northern Trust

    Pros

    Best working culture in investment banking industry, Satisfying facilities

    Cons

    Perform better for your growth as all depends on your performance

    Advice to ManagementAdvice

    So far management is good, Give more opportunities and growing cycle for the right candidate

    Recommends
    Positive Outlook
    Approves 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.  

    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.

  9. 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
  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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