DO NOT WORK HERE ITS A WASTE OF YOUR TIME - Senior Consultant Middle Office Trade Processing Northern Trust Employee Review

1.0
May 13, 2021
Recommend
CEO approval
Business Outlook

Pros

There are some pros to working at Northern. If you come in at a more senior level above vice president you're life is going to be fairly easy the organization is very top down so new initiatives end up on desk of entry level hires. While upper management is very removed from the process. Depending on which department you're in the hours can either be very reasonable or absolutely terrible. You may qualify for a pension plan so if you end up in an easy role you can easily coast for a long time and you can retire with a nice pension.

Cons

YOU WILL NEVER RECEIVE YOUR FULL BONUS NO NO MATTER HOW HARD YOU WORK OR HOW WELL YOU PERFORM SO DO NOT WORK HERE Rarely will you ever receive a raise outside of a cost of living adjustment, most of the time these cost of living adjustments don't keep pace with inflation Benefits aren't great and are employee contributions are high. little to no internal mobility little to no career progression high turnover Most of the higher level people at northern trust are productivity predators. They know there is a constant cycle of new hires. They pawn off as much of their work on the new people who don't know yet that their hard work isn't rewarded, and they continue to coast. (See pro of coming into the company at a higher level above) Jobs are very insulated rarely will you have contact outside of your team making internal mobility difficult. People that work at northern are generally, lazy, unproductive, and unhelpful. There are a lot of people who have been working at NT for a long time and are just trying to ride it out until they can retire with their pension.

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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