Stay Away! - Vice President Northern Trust Employee Review

2.0
Sep 8, 2021
Recommend
CEO approval
Business Outlook

Pros

They still offer a pension. That is about it.

Cons

Stay away from HFS. Very poorly managed. Focused on revenue growth and not on servicing the client. Poor investment in technology, falling behind to other competitors and are trying to play catch up. No respect for the work force. The culture is toxic, and lots of the seasoned people there are rude and have attitudes and are not willing to help. They just had a round of cuts, only to have management send out an email about their expensive workout equipment while people were left scrambling looking for another job. Completely tone def. All this was done to save costs not realizing the optics for the rest of the group which is already understaffed. Now they have tons of turnover and are posting all over linked in that they are hiring…with enthusiasm. Don’t be fooled. This is a very toxic workplace. You have been warned. Expectations will be similar to hedge fund, pay will be far less. They brag about internal mobility, which is non existent. During one of my interviews over Zoom, the COO was on her phone texting. Completely unprofessional. They also brag about D&I yet, when I reached out to the D&I group with suggestions on how to help the community around the Chicago area, it fell on deaf ears. Look past the fake enthusiasm on LinkedIn. It’s all a front.

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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