The Dowager of Wall Street...actually, just a senile dowager! - Anonymous employee Northern Trust Employee Review

1.0
Feb 4, 2010
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Reasons are very few and far between...decent amount of benefits offered (health, dental, vision, pre-tax commuter discount, 401k...all at discounted employee cost however). Stable place to work, almost takes effort to get fired. Some semi-intelligent people, and extremely few smart people.

Cons

Too many to list....management is a joke; any fat donkey can become a Second VP as long as they have been here for more than 25 yrs+. Too many people without college degrees, causing overall decline in employee intelligence. No reward to younger, talanted individuals. Prehistoric procedures rampant...equipment (fax machines and such) from the 1990's still in use. Very poor level of employee appreciation in terms of compensation or even team building activities. Training does not exist. Most duties could be automated by a computer!

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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