Northern Trust reviews

3.6

68% would recommend to a friend

(6,452 total reviews)
avatar

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 6,452 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 18, 2021
Recommend
CEO approval
Business Outlook

Pros

Pay in line with Market Value

Cons

Management claims to support growth but will actively work to keep you from switching jobs within the company. 12 people quit in a year all because of the same manager…manager given promotion.

1.0
May 13, 2021
Recommend
CEO approval
Business Outlook

Pros

There are some pros to working at Northern. If you come in at a more senior level above vice president you're life is going to be fairly easy the organization is very top down so new initiatives end up on desk of entry level hires. While upper management is very removed from the process. Depending on which department you're in the hours can either be very reasonable or absolutely terrible. You may qualify for a pension plan so if you end up in an easy role you can easily coast for a long time and you can retire with a nice pension.

Cons

YOU WILL NEVER RECEIVE YOUR FULL BONUS NO NO MATTER HOW HARD YOU WORK OR HOW WELL YOU PERFORM SO DO NOT WORK HERE Rarely will you ever receive a raise outside of a cost of living adjustment, most of the time these cost of living adjustments don't keep pace with inflation Benefits aren't great and are employee contributions are high. little to no internal mobility little to no career progression high turnover Most of the higher level people at northern trust are productivity predators. They know there is a constant cycle of new hires. They pawn off as much of their work on the new people who don't know yet that their hard work isn't rewarded, and they continue to coast. (See pro of coming into the company at a higher level above) Jobs are very insulated rarely will you have contact outside of your team making internal mobility difficult. People that work at northern are generally, lazy, unproductive, and unhelpful. There are a lot of people who have been working at NT for a long time and are just trying to ride it out until they can retire with their pension.

1.0
May 6, 2021
Recommend
CEO approval
Business Outlook

Pros

Not much anymore really to say. Some nice coworkers.

Cons

Been at the company for years and its only be declining. I do not know where are all of these 5 star reviews come from, but do not seem truthful to me. This company underpays, outsources like crazy nowadays, and even if you want to move up in the company, you really have to know someone. You may get interviews, but do not get your hopes up if you do not know the "right" person in the department. So, unless you are desperate, look elsewhere; working here is not worth the mental stress of the low salary along with the uncertain outlook here. I know many people here who simply "just get by" and get rewarded all the same for the people who put it in the work.

Viewing 64 - 66 of 6,452 Reviews

Glassdoor has 6,923 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.