The Grey Lady is dead. RIP - Senior Vice President Northern Trust Employee Review

1.0
May 3, 2017
Recommend
CEO approval
Business Outlook

Pros

Historically was a fine institution under the leadership of Bill Osborne who cared about all Northern partners and had personal compassion for the company .

Cons

Cost cutting, lack of support , back stabbing, scorecards, unrealistic sales goals balanced by limited support . Too many layers of managers who were not self thinkers. The culture turned to not having honest dialogue in fear of conflict. Company doesn't care about banking. Fear of losing your job continues today. How sad and expensive.

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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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