Northern Trust

  www.northerntrust.com
  www.northerntrust.com

Northern Trust Reviews

Updated 25 November 2014
Updated 25 November 2014
523 Reviews
3.3
523 Reviews
Rating Trends

Recommend to a friend
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Northern Trust President, CEO, and Director, Northern Trust Corporation and Northern Trust Company Rick Waddell
Rick Waddell
300 Ratings

Review Highlights

Pros
  • Culture that built a great reputation serving clients well and supports work/life balance (in 116 reviews)

  • The work environment Is very light, despite demanding clients (in 29 reviews)


Cons
  • Lack of effective work-life balance despite the fact that Northern says they promote the issue (in 10 reviews)

  • management in some divisions punishes employees for voicing concerns to senior management (in 18 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Kind of boring considering the amount of money being processed.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Consultant in London, England
    Former Employee - Consultant in London, England

    I worked at Northern Trust full-time (more than 8 years)

    Pros

    Conservative and safe company to work for.

    Cons

    Northern Trust is not very innovative. Most of the middle management prevent ideas from going higher.

    Advice to ManagementAdvice

    Embrace new technology instead of waiting for other to test it first. Pay and benefits are middle of the road. Could be improved.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Good experience. The atmosphere has bee the best sice I started my career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Reporting Analyst in London, England
    Former Employee - Client Reporting Analyst in London, England

    I worked at Northern Trust part-time (less than an year)

    Pros

    Workinf hours 9-5, so good work life balance. The atmosphere there is great. No micromanagement at all. You feel good there after working in super big corporations

    Cons

    Northern trust didnt cut work force when the crisis hit so they are doing that now. Lots of work is transferred to India of Ireland so there was no work for me any more, I totally understand their decision to do this. its so much cheaper to hire people in India.

    Advice to ManagementAdvice

    Dont transfer all the position to Ireland and India.. Leave something here to London also.

    Recommends
    Negative Outlook
    Approves of CEO
  3. 2 people found this helpful  

    Not recommended if you are interesting

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President In Charge of Paperclips in London, England
    Former Employee - Vice President In Charge of Paperclips in London, England

    I worked at Northern Trust as a contractor (less than an year)

    Pros

    easy enough work, decent enough main systems compared to other service banks

    Cons

    boring, have to email and record emails to get anything done, you spend more time on admin than actually resolving problems. Boring culture, no bins, average canteen, floors full of people not speaking to each other... Dublin office was the worst and seemed to hire every angry female in Financial services. Not an environment of helping or getting things done, more a 'cover your own backside' & 'not my problem mate' vibe. Most telling, the World cup is on, and NOBODY was interested !?
    zero banter, zero fun, its just a job, lots of clock-watchers hire content to let their careers vegetate. I still want to try and build a career, so quit to find something better. Oh, and by the way, your 2 largest EMEA clients are not happy with the service you get from NT and are thinking of binning you.

    Advice to ManagementAdvice

    get some bins, a toaster, put a few telly's up, get a helpdesk number you can actually phone, and try to get a bit of spark into the floors. Maybe also get rid of the people who have 2 days off a sick (known as 'work from home') every month.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Hard to progress

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst in London, England
    Current Employee - Senior Analyst in London, England

    I have been working at Northern Trust full-time (more than 3 years)

    Pros

    Good work life balance. People in the workplace friendly and approachable. Canteen is nice with fantastic choice on the menu.

    Cons

    Hard to progress, any previous experience in former roles is not taken into consideration. Plus very high staff turnover, more contractors than permanent staff.

    Advice to ManagementAdvice

    Listen when your staff are telling you they are unhappy and help them to progress then staff turnover may decrease.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    Okish

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Northern Trust full-time (more than an year)

    Pros

    Northern Trust is a large, multinational company with offices accross the globe. It provides various financial services it its client which are apart from within the US mainly large financial institutions or corporations. There are a variety of different business units and sections.

    Cons

    Given its size, Northern Trust has a very complicated structure which results in lack of visibilty, lack of ownership and makes it very difficult to navigate within.

    Advice to ManagementAdvice

    Lack of communication to employees/ no transparency

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Good and getting better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Second Vice President in London, England
    Current Employee - Second Vice President in London, England

    I have been working at Northern Trust full-time (more than 8 years)

    Pros

    Culture, access to senior management, rewards for achievement

    Cons

    A little inconsistent across locations, tough on pay

    Advice to ManagementAdvice

    Continue with the ambition, keep talking to partners

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Not a good company for internship to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Fund Analyst in London, England
    Former Employee - Fund Analyst in London, England

    I worked at Northern Trust full-time (less than an year)

    Pros

    Location was good and canteen was good with different menu everyday

    Cons

    Faced racism, transfer agency team is not friendly and managers aren't approchable

    Advice to ManagementAdvice

    Be more polite and expect what is required for the role

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    NT London

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Second Vice President in London, England
    Current Employee - Second Vice President in London, England

    I have been working at Northern Trust full-time (more than an year)

    Pros

    Good company to work for

    Cons

    Don't have personal negative view

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    positive, valued

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Nurse in Antrim, Northern Ireland
    Former Employee - Nurse in Antrim, Northern Ireland

    I worked at Northern Trust part-time (more than 3 years)

    Pros

    salary, annual leave, staff team, support

    Cons

    large caseload, but thats standard

    Advice to ManagementAdvice

    none, I think youre doing ok

    Recommends
    Positive Outlook
  11.  

    Good Role Terrible Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in London, England
    Former Employee - Anonymous Employee in London, England

    I worked at Northern Trust as a contractor (more than an year)

    Pros

    The Company is good to work for. Small enough to get a good overall experience and it is a good step for an initial step in financial services. It has good systems and a very laid back atmosphere.

    Cons

    The company is very hot on diversity, however the Company is not really diverse at all. Most of management are very incompetant and is ruled by a handful of employees especially in core arease such as Finance and Compliance. The atmosphere is very very conservative and there is a lack of career progression. Any problems highlighed are ignored and swept under the carpet.

    Advice to ManagementAdvice

    Invest time in training staff and recognise staff for achivements. The companyis is very high on Diversity, act on what you preach. Induce more team building skills and do not ignore people that are quiet and please stop recruiting incompetant ppl.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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