Overall, it's a great company to work for, especially in today's world - Second VP - Senior Consultant Northern Trust Employee Review

4.0
Oct 22, 2008
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.

Explore other reviews about Northern Trust

5.0
May 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Great place to work, especially starting your career.

Cons

I have no cons— fabulous people.

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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