Unpaid & overworked. Elitist,out of touch management - Anonymous employee Northern Trust Employee Review

3.0
Feb 6, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Generally nice people but some arrogant sobs, just like any other financial services co. Most areas are flexible with work-life issues.

Cons

Pay & total compensation woefully low vs competitors. Ineffective leadership/management. Wasteful spending on non-productive projects to stroke management egos. Management brags about corporate giving to charities and pushes for employee engagement. Yet they continue making millions while effectively cutting employee pay while ramping up the workload and don't mention anything about what they are giving up. Elitist and out of touch!

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5.0
Jul 8, 2026
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CEO approval
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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
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