Do two years then leave - Senior Analyst Northern Trust Employee Review

2.0
Jun 6, 2021
Recommend
CEO approval
Business Outlook

Pros

-Heart of downtown -Job Security -Easy banking hours -There are some talented people you can connect with - Brand recognition -Great for someone fresh out of college. -You cant realistically be fired

Cons

Kiss up Kickdown Culture Growth Opportunities are virtually non existent Pay is below industry average Top performers receive all of the work and none of the rewards Bonuses are flat (I.E not tied to performance). Everyone gets roughly the same bonus target regardless of input. Job growth is almost exclusively dictated by tenure. Older managers that have been grandfathered in may not actually have superb skills. (Example: a Senior Consultant once asked an analyst how to make a cell negative in excel.) Conservative culture has draining office politics All work is being moved to Tempe and India. There was more hiring and growth in India officially then in the U.S. for the past few years. This emphasis on cost cutting has made retaining decent talent impossible causing an attrition rate of roughly 33% yearly for the team. This has furthered a lack of social cohesion as most management doesn't even attempt to retain its workforce because they expect everyone to leave.

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
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