Pros
Northern Trust is extremely open to people moving positions after one year in their role.
Cons
* Most areas of NT have extremely high turnover (in particular, IOO and HFS have about a 33% turnover per year). This creates debilitating issues in regards to morale and training. Most critically, for example, the team I started on had five managers quit in 1.5 years. * They never meet their bonus targets (e.g., up to 5% for Senior Analyst or up to 7% for Consultant). My first year at NT, they informed us that salary increases were on hold indefinitely and hiring was frozen indefinitely (even as people were leaving voluntarily, their roles were not filled). For bonuses, despite having an above-average review, I got a 1% bonus (I was eligible up to 5%); my second year, despite a promotion in title, I got a 1.8% bonus (I was eligible up to 7%). * If you have an issue with a manager, HR is NOT on your side. I filed a hostile work environment complaint against my direct manager, HR told my manager that I complained about him, and then I experienced extreme retaliation. My manager denied any wrongdoing and I was verbatim told that they were taking his word as truth over mine because he is a manager. (Note: this person has extreme turnover only with female staff and multiple women have complained to HR about him.)
