Not a good long term place for millennials and college grads. - Anonymous employee Northern Trust Employee Review

2.0
Mar 6, 2020
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Steady paycheck, some managers are great people

Cons

1. Pay is based on tenure, not results. Your salary will be much lower than your peers, even if you outperform them. 2. Your work ethic and energy will be exploited and senior management will take credit for how good the firm's margins are. 3. Lack of age/gender diversity in management. 4. A fixed pension that becomes vested after 5 years is not a good benefit for a young employee who has decades of market appreciation ahead of them. 5.. Work from home limited in certain roles.

Explore other reviews about Northern Trust

5.0
Jul 15, 2026
Recommend
CEO approval
Business Outlook

Pros

Good work life balance and strong culture

Cons

Easier credits to underwrite at the beginning

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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