Northern Trust Reviews

Updated 22 April, 2015
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3.3
605 Reviews
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Northern Trust President, CEO, and Director, Northern Trust Corporation and Northern Trust Company Rick Waddell
Rick Waddell
340 Ratings

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 Pros and Cons

Employee Reviews

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  1. Helpful (3)

    Toxic Office Environment - Steer clear!! Toronto office

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

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

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    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 Management

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

  2. Helpful (2)

    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)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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 Management

    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

  3. Stress-free work

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

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Well balanced and stress free work. High exposure and no restrictions to what you want to learn

    Cons

    Compensation is not competitive. Not the most challenging job for a data analyst.

    Advice to Management

    Better compensation

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. good

    • 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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    awesome experience. great encouragement from seniors.

    Cons

    shift timings and salary is very less.

    Advice to Management

    conduct the interview process in very fast.

  6. Operations Analyst

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

    I worked at Northern Trust full-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Excellent work culture with very friendly people. Prospering business.

    Cons

    Job security seems to be slightly too high, so some poeple don't "pull their weight"

  7. Intern

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

    I worked at Northern Trust

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great resources, very welcoming management

    Cons

    Wish there were more educational programs

  8. Investment Representative

    • 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 (More than 5 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    great people, great benefits And excellent ongoing education

    Cons

    slow to change and not a sales environment

    Advice to Management

    embrace change quicker

  9. Great company, but not for millenials.

    Current Intern - Anonymous Intern
    Current Intern - Anonymous Intern

    I have been working at Northern Trust as an intern

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    People who work for Northern are truly hard-working and caring individuals. The pay is great as well.

    Cons

    Not a lot of 'young' people. Typical corporate office layout. Too many internal database systems that do not share same data. And a lot of teams seem as though they could be absorbed into other teams.

  10. Team meber in Onsite

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

    I worked at Northern Trust (More than 3 years)

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    It was Onsite with good environment.

    Cons

    There were no clearance on requirements.

  11. Sr Application Developer

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

    I have been working at Northern Trust

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Strong company. Good benefits. Nice Environment.

    Cons

    Management lacks. Big Brother at times.

    Advice to Management

    Employees are people.

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