It was a great place to work in the 80's & 90's, but as management changed, so did the company, and not for the better. - Program Coordinator Northern Trust Employee Review

3.0
Sep 17, 2012
Recommend
CEO approval
Business Outlook

Pros

Good benefits and pay, and a good choice for customers or investors. The company still has some good managers, who actually manage, mentor, and support their staff, work in a compromising way with other departments, and who try to do the right thing for the company, their employees and the client.

Cons

Women were considered an asset in the 80's & 90's, but the company has fallen back to the good old boy network. Upper management brought in from the outside are concerned for their own jobs and not the jobs of the employees. The company used to have a more family-oriented feel to it, but it's now more of a dog-eat-dog environment. Outsourcing has replaced many employees, and one needs to continually watch their back for backstabbing management. No oversight to ensure management treats employees respectfully or fairly. Maybe the bank has just grown too large - sad.

Explore other reviews about Northern Trust

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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