Two Years of Disappointment - Senior Analyst Northern Trust Employee Review

1.0
Feb 26, 2018
Recommend
CEO approval
Business Outlook

Pros

Northern Trust is extremely open to people moving positions after one year in their role.

Cons

* Most areas of NT have extremely high turnover (in particular, IOO and HFS have about a 33% turnover per year). This creates debilitating issues in regards to morale and training. Most critically, for example, the team I started on had five managers quit in 1.5 years. * They never meet their bonus targets (e.g., up to 5% for Senior Analyst or up to 7% for Consultant). My first year at NT, they informed us that salary increases were on hold indefinitely and hiring was frozen indefinitely (even as people were leaving voluntarily, their roles were not filled). For bonuses, despite having an above-average review, I got a 1% bonus (I was eligible up to 5%); my second year, despite a promotion in title, I got a 1.8% bonus (I was eligible up to 7%). * If you have an issue with a manager, HR is NOT on your side. I filed a hostile work environment complaint against my direct manager, HR told my manager that I complained about him, and then I experienced extreme retaliation. My manager denied any wrongdoing and I was verbatim told that they were taking his word as truth over mine because he is a manager. (Note: this person has extreme turnover only with female staff and multiple women have complained to HR about him.)

Explore other reviews about Northern Trust

5.0
Jul 8, 2026
Recommend
CEO approval
Business Outlook

Pros

Great benefits and work environment

Cons

Nothing that’s too much of a con

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.

2
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