Be Cautious of Workload - Private Equity Accountant Northern Trust Employee Review

1.0
Apr 21, 2022
Recommend
CEO approval
Business Outlook

Pros

There was a lot of flexibility with working from home my team was fully remote when I left, and they were hiring people from out of state for the Chicago office. They did have plans to go into office but it seemed like for my team there was a lot of flexibility around this. Benefits are pretty standard nice thing is they have a pension but it takes 5 years to vest.

Cons

Be prepared to work a lot of hours if your going to work in their Private Equity Department. My expected hours were around 50 to 60 hours a week in non busy times and during the busy times which happens for around half the year alternating every other month it was 70 to 80 hours a week and you don't get overtime for it and the pay is not nearly as much as working for a private equity firm. It is a very competitive environment to see which team members can stay on the latest and get the most work done in a day which leads to a burnout culture.

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
See reviews by: Helpful|Rating|Date|All