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
1.0
May 19, 2009
Recommend
CEO approval
Business Outlook

Pros

Pension and 401(k) are the only upsides.

Cons

Northern Trust is extremely top heavy and prejudiced towards GOLD program kids and corporate politics. Turn over rate is extremely high so you constantly run into problems with accounts that were never solved because the analyst left the company. Pay range is extremely depressed compared to other companies. DO NOT WORK HERE!

1.0
Jul 27, 2024
Recommend
CEO approval
Business Outlook

Pros

Gender and racial diversity is top notch Good benefits that include a pension which is rare these days

Cons

This is based on my experience in the Asset Management. I've heard good things about the other business units. Leadership and Direction: The leadership structure is unstable, with frequent changes in direction and priorities, which suggests a lack of clear strategy. Developing a more consistent and well-thought-out strategy could help provide stability and clearer goals for the teams. Collaboration: Teams often work in silos and are territorial, which hampers collaboration and innovation. Having gatherings outside of work to get to know people on a personal level can foster a more collaborative and inclusive environment. Recognition and Empathy: There is a noticeable lack of positivity and recognition from senior leadership, who often focus on what hasn’t been done rather than celebrating achievements. Implementing regular recognition programs and providing constructive feedback can boost morale. -Professional Development: There is minimal focus on people development, with an emphasis on organizational goals over individual growth. Establishing standards for professional development, including soft skills and technical training, can help employees grow holistically. -Work-Life Balance: Emails and messages from senior leadership are frequently sent during late hours and weekends, impacting work-life balance. Encouraging a culture that respects personal time can lead to better overall productivity and employee satisfaction.

1.0
Feb 9, 2022

Bad management

Recommend
CEO approval
Business Outlook

Pros

There is nothing good to say about The Northern Trust Company. If the affluent clients new how they handle their accounts, they would leave that bank.

Cons

Training is awful. The pay is very low. Management treats employees extremely bad and are very disrespectful. HR does not help in any form even though they have email address to submit concerns and phone number for you to call nothing is ever done. A manager asked me what was the problem with my face? because I did not laugh at a joke she made. DONT WORK HERE.

Viewing 49 - 51 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.