Stay as far away as you possibly can! - Analyst, Institutional Fund Accounting Northern Trust Employee Review

1.0
Jun 23, 2013
Recommend
CEO approval
Business Outlook

Pros

It has a respectable name in the industry and looks decent on a résumé.

Cons

~Terrible management! They openly communicate that they don't care about any of your concerns and show arrogance along the way. ~Micro management ~Lack of trust in employees - they accuse employees of wrongdoing without any proof and treat them terribly. ~No respect ~Too many office politics and affairs. It seems like everyone just sleeps around with each other. ~Unreasonably long work hours ~TERRIBLE PAY! It's almost an insult. ~They look for reasons to not pay out the pathetic bonuses. ~Raises are pathetic and also a slap in the face. Someone actually got a $400 raise so you do the math. ~Promotions are no more than a title change. Salary, bonuses, privileges and hours are not affected. ~Indecent quality staff - majority of the people don't even seem like educated, classy people with solid experience. ~CRAZY TURNOVER!!! My department lost an average of 4 individuals per month. Hiring was constantly going on because people were constantly quitting. Majority of the talented employees found better opportunities and left the company as soon as they could. ~Outdated technology ~Very cheap company. They don't even provide free coffee.

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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