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      Northern Trust

      Engaged Employer

      Northern Trust reviews

      3.6

      68% would recommend to a friend

      (6,453 total reviews)
      avatar

      Michael OGrady

      80% approve of CEO

      61% positive business outlook

      Ratings by demographic groups

      Northern Trust has an employee rating of 3.6 out of 5 stars, based on 6,453 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Northern Trust employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

      Reviews by job title

      6K reviews
      3.0
      Jul 12, 2011

      Good starting job

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      - good people to work with - solid Chicago-based bank (well - known) - good exposure to senior management in global offices

      Cons

      - bad pay - no bonus - unsatisfactory career development - bad pay - no bonus - poor compensation overall

      2.0
      Jul 7, 2011

      Growth only possible by cutting expenses

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      good quality people overall, decent benefits

      Cons

      upmarket selling to clients with $2 Million or more in liquidity does not work in many markets outside of Chicago, LA, NY, etc, a lot of consolidation and closing of offices have occured and more to come probably

      2.0
      Jun 28, 2011

      Learned lots of valuable skills, but the bureaucracy and politics were stifling.

      Investment product manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Especially for people in the earlier stages of their careers, Northern Trust serves as a great training ground. I learned to run meetings, influence groups and stake holders, practice lots of public speaking, and generally become an all around more professional person. I also learned how to play office politics well--this may not be a particularly noble skill, but it is a valuable one in the realities of many workplaces.

      Cons

      Compensation is less than competitive, especially compared to other investment management firms. Politics and bureaucracy are all around stifling. There's also a good amount of talking behind people's back and general back stabbing. Senior leadership is wanting on many, many levels. One of their main job duties seems to be regularly re-organizing and re-shuffling the different units (at least on the investment side) so that they can send company-wide announcements on the changes. At least that keeps them busy so that the minions can get actual work accomplished.

      Viewing 6343 - 6345 of 6,453 Reviews
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      Glassdoor has 6,924 Northern Trust reviews submitted anonymously by Northern Trust employees. Read employee reviews and ratings on Glassdoor to decide if Northern Trust is right for you.