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      Northern Trust

      Engaged Employer

      Northern Trust reviews

      3.6

      67% would recommend to a friend

      (6,450 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 6,450 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
      2.0
      Nov 4, 2008

      Well respected, conservative bank but not a lot of job satisfaction

      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      Benefits, stability, located in the loop, well respected by people on the outside.

      Cons

      No way to get great compensation if you perform very well. Very homogeneous, despite the company's efforts to diversify. No responsibility unless you are there 15 years. Very few areas of growth in the company so it is hard to find interesting or new assignments. Also, poor human resource processes - good people are frequently overlooked

      4.0
      Oct 22, 2008

      Overall, it's a great company to work for, especially in today's world

      second vp - senior consultant
      Recommend
      CEO approval
      Business Outlook

      Pros

      Stability, work/life balance, great overall benefits, flexible work schedule, overall respectful environment. This is not a company for everyone - it's best for people at a certain stage in their career when they are looking for the aforementioned things.

      Cons

      It's a very matrixed organization, everything is done by consensus, people are not willing to make decisions, a lot of unnecessary things get escalated up the management chain for decision making, slow moving changes, too much defending of turf, superficial and unnecessary need by some to display their position in the hierarchy. On a different note, since the offices are located downtown Chicago, there really is no good place to live that would be close to work - it's a heck of a commute for lot of people. But they keep commuting because of all the positive things at Northern Trust.

      3.0
      Oct 21, 2008

      Strong and stable, but slow to change.

      Account manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      With the current market environment, I'm glad to be working for a company like Northern Trust, which in putting our clients first, we are able to be fair to shareholders and employees. Many people argue that the culture is the most valuable part of working at Northern Trust. It's true. Like-minded people who put their clients first and are looking for a job that offers them a work/life balance find Northern to be perfect for them. If you want to challenge yourself, and be rewarded for your individuality and hard work, Northern is not the place for you.

      Cons

      Working in outlying offices, there are NO opportunities for advancement. Communication is poor considering the multitude of methods that can be used to communicate with employees. Compensation on both the fixed and variable pay structures is poor.

      Viewing 6439 - 6441 of 6,450 Reviews
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      Glassdoor has 6,921 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.