Northern Trust reviews

3.6

67% would recommend to a friend

(6,449 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 6,449 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
Sep 3, 2008
Recommend
CEO approval
Business Outlook

Pros

Their very conservative approach to the business is paying off in spades while other asset managers and banks are mired in a mess of thier own making. Northern Trust will be reaping the rewards of their conservative approach for several years while other banks and asset managers are struggling to survive.

Cons

The overly conservative culture can be stifling at times as can having to deal with a ton of administrative bs from too many middle managers who need to justify their jobs.

2.0
Aug 15, 2008
Recommend
CEO approval
Business Outlook

Pros

There aren't too many, nice building, nice enough people, pretty safe in terms of you may never lose your job during the credit crunch,

Cons

It's for average performers because it's not a meritocracy. One usually progresses based on time worked. It can take up to 12 years for a half decent promotion, and that's to another average position. Not really a place for self starters who want to move fast through the chain. Also there are way too many job titles & the structure is very very very unflat - i.e. lots of AVPs, VPs, etc. No matter what you do, you will find yourself at the bottom of an extremely long food chain.

2.0
Jul 29, 2008
Recommend
CEO approval
Business Outlook

Pros

Northern Trust offers a good starting point as they will hire almost anybody. The workplace is very laid back and allows younger and less motivated employees to blend into the background without having to complete too much work or take on too much responsibility. If you are looking for a low stress, low impact job, Northern Trust may have what you are looking for. The one place that Northern Trust shines is in its offering of vacation days to employees. Most employees will qualify for 3 weeks of paid vacation with the opportunity to earn more with different job titles. All in all, a very relaxed work place.

Cons

Very few opportunities for growth, disconnected management, very low compensation, unmotivated employees/management, weak support systems, incompetent training staff. Northern Trust suffers mainly from the fact that upper management seems to assume that the majority of lower level employees are unable or unwilling to think. This has fostered an environment of zero accountability and zero opportunity. Employees often have down time depending on their work schedule/job title and will often struggle to find things to do. Instead of increasing the work force, Northern Management should be focused on becoming more efficient with its current operations by delegating more responsibility and providing more rewards.

Viewing 6445 - 6447 of 6,449 Reviews

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