Northern Trust Corp.
Northern Trust Corp. Employee Reviews
Found 594 reviews matching the search See all 958 reviews
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I began my programming career here.
Sr. Programmer (Former Employee) – Chicago, IL – November 20, 2018
TNT was a great place to work. The work was fulfilling and the people were smart and friendly. I would have stayed working there except it was in down town Chicago. I hated the train commute.
Pros
Great learning environment.
Cons
The train commute.
Excellent opportunity
ANALYST BANKING OPERATIONS/ REGULATION E (Current Employee) – Tempe, AZ – November 17, 2018
I was recruited by Northern Trust as a Regulation E expert. This was an excellent opportunity at the time, however I am currently seeking other opportunities for career growth which Northern Trust does not currently offer.
Pros
Excellent work environment, outgoing teammates and management.
Cons
Does not currently offer a career path I am looking for. Health benefits could be better.
Wonderful people to work with, great work place culture
Global Fund Servicing - Team Technical Coordinator (Former Employee) – Chicago, IL – November 16, 2018
The people were wonderful to work with at Northern Trust. Northern Trust has a great work place culture. Very friendly, and dedicated teams at Northern Trust.
Collaborative environment with strong leadership
Technical Accounting Specialist (Former Employee) – Chicago, IL – October 29, 2018
Strong Team Environment with shared professional experience and insight. There was consistency and balance in each workweek but sufficient challenge to remain intellectually curious and satisfied. Northern Trust is a quality organization with a stable professional culture and the right amount of fun and lightness to be a great place to work.
Pros
People
Cons
One system I worked with was slightly archaic
Nice place to work
Java/J2EE Developer (Former Employee) – Chicago, IL – October 22, 2018
Nice working environment and great oppertunity to enhace the skills and knowledge. Management is very co-operative and responsible. I learned how to deal with difficult situations .
Northern is a great Company.
Senior Account Manager (Former Employee) – Chicago, IL – October 11, 2018
Northern Trust is a great company with great benefits. There are not any negatives about the company. The management tries to help each of the staff to advance their careers. The most enjoyable part of the job was assisting partners to complete and meet goals. The hardest part of the job was managing outdated technology. The improvements in that area are phenomenal.
Pros
Workplace Culture and Benefits
Cons
Outdated Technology
This is one of the best company that I had ever worked for.
Shift Senior Computer Analyst (Former Employee) – Chicago, IL – October 11, 2018
I enjoyed working at Northern Trust company. The people were very friendly and this makes it a great working environment. The benefits were great all the way up until 2005, after that, they cut back as most companies did during that time period.
Not competitive salary but steady organization
Associate Vice President (Current Employee) – Chicago, IL – October 9, 2018
Great organization but upward is very limited. Very relationship oriented organization. However, solid, steady and very conservative. Changes are being implemented but that is coming way too slow. It also varies what part of the organization you are in.
Flatlined opportunity
Analyst (Current Employee) – Chicago, il – October 8, 2018
Job security here seems be most common priority for employees, instead of being concerned about what's best for the company. Many employees are entrenched in their positions and are not willing to improve and/or make changes to benefit the company.
Extremely hard to move laterally. Bonuses and annual raises are capped at 3 or 4% annually. Many people are getting 2% raises right now. Very discouraging considering the booming economy and record company profits. Right now there is a massive exodus of partners leaving the company for better compensation and opportunity. It is a job seekers market, and Northern Trust refuses to stay competitive with its salaries and bonuses. So many many people are leaving.
Overall, the company has its positive qualities and certainly job security is guaranteed once you hire in. Vacation and sick time is generous, and I was lucky to have a very good manager. But you almost certainly will stagnate and not have the chance to increase your salary as your value increases. The company is very rigid on how it promotes, and does not encourage "free thought." They seem to prefer those who are loyal vs. those who can make an impact or are free thinkers
Extremely hard to move laterally. Bonuses and annual raises are capped at 3 or 4% annually. Many people are getting 2% raises right now. Very discouraging considering the booming economy and record company profits. Right now there is a massive exodus of partners leaving the company for better compensation and opportunity. It is a job seekers market, and Northern Trust refuses to stay competitive with its salaries and bonuses. So many many people are leaving.
Overall, the company has its positive qualities and certainly job security is guaranteed once you hire in. Vacation and sick time is generous, and I was lucky to have a very good manager. But you almost certainly will stagnate and not have the chance to increase your salary as your value increases. The company is very rigid on how it promotes, and does not encourage "free thought." They seem to prefer those who are loyal vs. those who can make an impact or are free thinkers
Pros
Vacation, perks, job security
Cons
Salary increases are non existent, career stagnation, moral
Great Organization
Human Resources (Current Employee) – Chicago, IL – October 2, 2018
Northern Trust is a great organization to work. It's diverse and offers flexible working opportunities. I'm amazed at how long it has been in existence and I credit that to the organization having strong leadership.
Pros
Good work/life balance, good benefits
Cons
Relatively low pay vs other organizations
A great entry level to work for coming out of college
Technical Coordinator (Current Employee) – Chicago, IL – September 30, 2018
a typical day is typically robotic depending on what division you are working in. The benefits they do offer are really decent in the industry standard.
Pros
great benefits
Cons
a less than strong team environment
Excellent Company to work for. The people are friendly, the working environment is pleasant, and management believed in pushing employees to advance
Loan Document Specialist (Former Employee) – Chicago, IL – September 18, 2018
Great Company! Great People! Excellent Benefits, Management and working environment. Always flexible and encouraging workers to advance or apply for advancement
Great place to work that embodies a distinct culture of pride
VP/ Business Specialist/Product Owner (Former Employee) – Chicago, IL – September 14, 2018
The workplace culture is one full of loyalty, dedication and pride. The QC club is impressive - employees with 25+ years. The management and employees are friendly, supportive, and customer oriented.
Busy environment, but relaxed atmosphere.
Personal Trust Associate (Former Employee) – Miami, FL – September 12, 2018
Overall the company is great to work for; offering a stable work environment (no need to worry about mergers & acquisitions), fair benefits and good vacation time.
Pros
Paid Time Off, Fair Salary, Team Collaboration.
Cons
Long hours, systems don't quite fit needs of employees.
2018 Northern Trust review
A high ranking employee (Current Employee) – Chicago, IL – September 12, 2018
Cultural environment is spectacular, but is merely a facade hiding the result of NT reaping the benefits of the low pay scale that certain demographics are willing to accept. Unfortunately I am one of them (but not for much longer). Negotiate your salary as high as you can on the way in because that's as good as it will ever get at NT.
Difficult company
Second Vice President, Senior analyst (Former Employee) – Phoenix, AZ – September 10, 2018
Top heavy management structure in what can be a hostile work environment with no recourse, and plenty of mean spirited, tantrum prone managers.
Overall the company is probably typical of a financial institution, with rigid schedules, a low glass ceiling for upward mobility. Very difficult to get promoted.
Many technology positions were eliminated entirely in favor of outsourcing.
Overall the company is probably typical of a financial institution, with rigid schedules, a low glass ceiling for upward mobility. Very difficult to get promoted.
Many technology positions were eliminated entirely in favor of outsourcing.
Pros
None.
Cons
Frightening HR Department, almost military policy enforcement. Zero flexibility when employees need it.
Great place to work
Sr Client Service Representative, Wealth Mgmt (Current Employee) – Century City, CA – September 6, 2018
Great place to work with great benefits. Salary is competitive, but a great work environment. Would recommend to a friend and would gladly refer a friend.
Slow Progress
Officer, Senior Internal Auditor II (Current Employee) – Chicago, IL – September 1, 2018
Lots of changes have occurred without much transparency from the top. No to low promotion within and jobs are being sent to Manila. Career paths are not clear and success is determined by who likes you.
Pros
Respected name on resume
Cons
Technology is lacking, career progression is slow
Jr people given lots of responsibilty
Senior Analyst (Former Employee) – Chicago, IL – August 31, 2018
Was able to move my career to the next level because management encouraged their junior or newer professionals to assume large rolls. With the belief that given guidance, each of us can achieve great things.
Overall rating
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Diversity score
Comparably
Diversity Score
Diversity Score
TOP20%
In the Top 20% of similar size companies
The Comparably Diversity Score tracks how positively diverse employees rate their experience at Northern Trust Corp..
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