Fast, same and disappointing. - Fund Accountant Northern Trust Employee Review

2.0
Jan 18, 2012
Recommend
CEO approval
Business outlook

Pros

Ok for a first job out of college Decent benefits Fast paced environment You get paid for overtime

Cons

Same duties everyday Limited growth opportunities (Norther Trust prefers outside candidates over internal) Low starting salary (now around forty) Average raises around 3%, but last two years around 1% Systems break down daily (especially before and after major holidays) Communication between departments is very bad and a lot of it last minute No company sponsored events unless you pay and organize it yourself Work first, personal life later If you like to take vacation around major holidays (Christmas, New Year) it is not for you Any perks you can think of (coffee, snacks, tickets to events etc.) there are none Your advice or suggestions are as good as an echo in the woods Fairly high turnover rate (around 80% over two years)

Explore other reviews about Northern Trust

5.0
Jun 12, 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
Apr 21, 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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