Northern Trust reviews

3.6

67% would recommend to a friend

(6,450 total reviews)
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Michael OGrady

80% approve of CEO

61% positive business outlook

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
Jul 29, 2008
Recommend
CEO approval
Business Outlook

Pros

Northern Trust offers a good starting point as they will hire almost anybody. The workplace is very laid back and allows younger and less motivated employees to blend into the background without having to complete too much work or take on too much responsibility. If you are looking for a low stress, low impact job, Northern Trust may have what you are looking for. The one place that Northern Trust shines is in its offering of vacation days to employees. Most employees will qualify for 3 weeks of paid vacation with the opportunity to earn more with different job titles. All in all, a very relaxed work place.

Cons

Very few opportunities for growth, disconnected management, very low compensation, unmotivated employees/management, weak support systems, incompetent training staff. Northern Trust suffers mainly from the fact that upper management seems to assume that the majority of lower level employees are unable or unwilling to think. This has fostered an environment of zero accountability and zero opportunity. Employees often have down time depending on their work schedule/job title and will often struggle to find things to do. Instead of increasing the work force, Northern Management should be focused on becoming more efficient with its current operations by delegating more responsibility and providing more rewards.

3.0
Jul 23, 2008
Recommend
CEO approval
Business Outlook

Pros

Northern Trust has a well established culture and is extremely conservative. Job security is execellent. The people for the most part are good to work with. Flexible work schedule.

Cons

Benefits have gotten worse the last 10 years. Pay is well below industry. Middle management is pretty bad. Employees are not held accountable for bad performance.

2.0
Jun 19, 2008
Recommend
CEO approval
Business Outlook

Pros

Northern Trust is a highly respected company in Chicago. If you a college grad and your looking for a minimal salary to get by on while you party in Chicago for a couple years, this is the place to go.

Cons

The pay is downright awful. Especially for the hours you work and the location of the office. If they want to pay people 40K then move out to Po-Dunk Idaho. But if they want to have an office in downtown Chicago then they need to recognize the fact that their employees cost of living is going to be higher and thus they need to pay more. There is no opportunity for any type of quick advancement in the fund accounting department. You can work all you want and produce more than the rest but at the end of the day you'll be told to get in line and wait until it's your turn to get a promotion. I worked way more hours than a co-worker and produced better results and at the end of the year, we got the same measly pay raise. I should have left work earlier and just spent the time with family.

Viewing 6448 - 6450 of 6,450 Reviews

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.