Terrible management, terrible compensation, no remote work, no flexibility, no job security - Vice President Northern Trust Employee Review

2.0
Feb 4, 2023
Recommend
CEO approval
Business Outlook

Pros

Global company with great diversity. Beautiful offices.

Cons

1. Low compensation. You will be paid well below the market. You will be gaslit every year that you should just be grateful to have a job. Your salary will not keep up with inflation or the market. You will not be able to re-negotiate. 2. Low or no bonuses. Most likely, you will not be paid your bonus in full. At times you will not be paid a bonus at all. You will be gaslit that you should be grateful to just have a job. 3. Little or no remote work. You will be asked to work in the office even when your job can be performed remotely, and you will be closely monitored. Managers don't know how to manage remote teams. The leadership is even more out of touch with work in the 21st century. The goal is to force everyone back into the office. They force everyone to go in at least two-three days a week, which is awful, and they are moving to enforce four and five days. 4. Unreasonable expectations. Because people are routinely fired and laid off, and because people are routinely leaving the company given the terrible work conditions, you will be asked to perform two-three jobs for one salary. This is the norm, not the exception. 5. No job security. You will come to work every day unsure if it is your last day. That is because people are routinely fired, laid off, or forced to retire - always with no warning. This happens because the leadership is mismanaging spending, and after they overspend, they fire partners so they can still be profitable. 6. A company for older people only. You will be given old technology or new technology with all the new features disabled for security reasons. You will work for old leaders, who are against remote work and flexible work, and who manage the way they learned to manage in the last century. 7. Manufacturing-like culture. You will be treated like a worker in a manufacturing environment. You will be asked to work in the office, and your work output will be monitored minute by minute. Even if you are an exempt employee, you will be asked to fill out several time sheets, detailing all the tasks you perform and for how long you perform them. 8. Abusive leaders. Depending where you end up, you may work for an abusive leader, or a leader with unmanaged mental illness. You will be abused verbally and emotionally. When that happens, you will have nowhere to go, because HR supports only the leadership. You will have to leave the company, while the abusive leader will remain in place. 9. Unsafe working conditions. You will work for leaders who either don't believe COVID is real, or believe that COVID is not harmful to your health. You will work in an environment where no vaccines are required, and no masks are required. You will have to work next to people who routinely show up to work sick.

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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