Northern Trust reviews

3.6

68% would recommend to a friend

(6,451 total reviews)
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Michael OGrady

80% approve of CEO

61% positive business outlook

Northern Trust has an employee rating of 3.6 out of 5 stars, based on 6,451 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Northern Trust employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

6K reviews
4.0
Apr 6, 2016
Recommend
CEO approval
Business Outlook

Pros

Good area of the city Contract talent is usually good and smart Methodology is consistent Good work life balance

Cons

Lifers who are passing the time to pension. There are literally people who do Soduku all day. Management spends more time CYA than actual work Resistant to new ideas and technology What takes 30 minutes if a technology firm will take 2 months at NT (not making this up) Major churn on talent. Contractors can only work 18 months

3.0
Feb 6, 2016
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!

2.0
Jan 15, 2016

A lot of talk, not much action

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Work/life balance options are generally very good. There are flex schedule and work from home options available to most employees. Benefits are generally good, although they have been scaled back recently. Very few companies offer a pension anymore, but Northern does.

Cons

NT's management has only one focus - satisfying Wall Street. The only pervasive goal within the company is hitting ROI targets. There are plenty of platitudes and corporate sloganeering, but ultimately the company has no interest in excellence in anything. Keeping costs low is the primary driver throughout the company. This leads to behind-the-curve technology and poorly executed or unfinished projects. Employee engagement does not extend past a yearly survey and employee development is non-existent. The general solution to poor project performance is to add more layers of management rather than address resourcing problems or adjust approach to be more practical. Most of the values and slogans ring hollow.

Viewing 43 - 45 of 6,451 Reviews

Glassdoor has 6,922 Northern Trust reviews submitted anonymously by Northern Trust employees. Read employee reviews and ratings on Glassdoor to decide if Northern Trust is right for you.