good company, more stable than any other banks - Anonymous employee Northern Trust Employee Review

4.0
Nov 4, 2009
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Northern is a leader in the industry and the name and reputation command respect. Client service is very important and has helped set us apart from the others. Good benefits. It has not been hurt as badly in the past year as any of the other banks. I do get raises!!! Wide variety of services we can provide for clients. Very conservative culture. Sensitive to minority groups (Women, LGBT, Asian, Latin, African-American)

Cons

Not quick to hire replacements for people who have left - saves money. (If you hire good people they will pick up the slack for a long time, doing 2 jobs for the price if one.) Bonuses and raises are small. Changes happen slowly. Sometimes important things are learned through the grapevine, not from management. Intense sales pressure

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