Northern Trust needs to change - Financial Analyst Northern Trust Employee Review

3.0
Jan 11, 2009
Recommend
CEO approval
Business Outlook

Pros

Northern Trust is a very well respected organization with long history and many areas of practice. It is a great place for entry level person to learn and many people have careers spanning over 15 years at Northern.

Cons

Leadership and the entire company culture are very conservative, too many layers of management, review process is not very transparent, low level of reward for highly skilled/productive current workers while high compensation to attract people from outside the firm. This has created some discontent for employees. High productivity and sometimes long hours are expected but over-time (or compensated overtime) was discouraged.

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
See reviews by: Helpful|Rating|Date|All