Northern Trust Culture | Comparably
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Northern Trust Claimed Company
As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity. read more
EMPLOYEE
PARTICIPANTS
273
TOTAL
RATINGS
1874

Northern Trust Company Culture

Northern Trust Culture

This score is derived from employee ratings & reviews
4.1/5
Northern Trust's Overall Culture is rated B

Top Rated Culture Dimensions

Northern Trust CEO

Top 10%Top 10% of Similar Size Companies on Comparably
Michael G. O'Grady Northern Trust's CEO
Michael G. O'Grady
78 /100

Diversity at Northern Trust

Bottom 45%Bottom 45% of Similar Size Companies on Comparably
C

Diverse employees at Northern Trust have rated Office Culture, Leadership, and Environment as the highest categories they have scored

Women at Northern Trust

Top 40%Top 40% of Similar Size Companies on Comparably
B-

Women at Northern Trust have rated CEO Rating, Team, and Outlook as the highest categories they have scored

Northern Trust eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Top 25%Top 25% of Similar Size Companies on Comparably

Recommend to a Friend?

20

Northern Trust employees are 20% more likely to recommend Northern Trust as a great place to work

48%Promoters
24%Passives
28%Detractors

Working at Northern Trust

Working at Northern Trust is rated highly by 273 employees, across various culture dimensions. Northern Trust employees are most satisfied about CEO Rating, Manager, and Leadership categories, putting Northern Trust’s culture in the Top 25% compared to similar sized companies on Comparably and in the Top 35% compared to other companies in Chicago. See below in detail how working at Northern Trust was rated by employees.

Overall Company Culture at Northern Trust

B

Overall Company Culture at Northern Trust is rated B

Last updated 2 days ago

Top
25%

Northern Trust ranks in the Top 25% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score

Overall Company Culture Score by Department

This graph details how each department scores their Overall Company Culture

Results from 273 Employees

View Results
0
20
40
60
80
100
Engineering
81
Engineering81
Finance
62
Finance62
Operations
56
Operations56

Northern Trust Employee Reviews

Out of 126 Northern Trust employee reviews, 82% were positive. The remaining 18% were constructive reviews with the goal of helping Northern Trust improve their work culture.

82%
18%
Positive Reviews82%
Constructive Feedback18%

Positive Reviews From Northern Trust Employees

  • What did you like most about the interview process?
    I appreciated that the recruiter kept her word and stayed in touch throughout the process. It made me feel valued and confident about the opportunity.
  • What makes you most happy at work?
    I’m happiest when I’m contributing to a supportive environment. The culture encourages growth and makes every day reward
  • What is most positive about the culture and environment at your company?
    The company demonstrates a genuine commitment to DEI through actionable policies, inclusive hiring practices, and ongoing education. It’s not just words. There’s a clear effort to create a workplace where everyone feels valued and respec

Constructive Feedback From Northern Trust Employees

  • Why do you feel undervalued and what would make you feel better about your compensation?
    Because Northern Trust makes hundreds of million dollars of profits annually while Frontline employees get crap it's disgusting and unacceptable
  • Why do you feel undervalued and what would make you feel better about your compensation?
    With no of years of experience I have, I have been given a role of consultant and young employees who hardly work and apply butter to their boss get two promotions in a month.
  • What do your coworkers need to improve and how could you work together better?
    To earn the salary by working and not just by applying butter to their boses

Northern Trust Company Information

Northern Trust Company Overview

As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity.

Northern Trust was founded in 1889 and its current CEO is Michael G. O'Grady. Since its inception 137 years ago, Northern Trust has grown to 22000 employees.

Northern Trust Mission, Vision & Values

Northern Trust Mission Statement

To be our clients' most trusted financial partner, delivering market-leading capabilities through exceptional people and technology.

Northern Trust Values

  • Service
  • Expertise
  • Integrity

Sustainability and Corporate Social Responsibility at Northern Trust

Sustainable Investing is an investment solution based on the philosophy that environmental, social & corporate governance (ESG) analytics can complement quantitative or fundamental investment techniques so as to mitigate risks or capture new opportunities.

Exceeding environmental stewardship standards around the globe. Our long-term financial prospects, and those of our clients, are tied to the health of the planet. We embrace the principles of sustainability and seek to meet the needs of the present without compromising the ability of future generations to meet their own needs. We seek to integrate environmental considerations into our decision-making process, and are committed to the continual improvement of our environmental practices.

Corporate social responsibility and philanthropy are essential elements of our mission and culture. Driven by our strategic focus on diversity and inclusion, community engagement and environmental sustainability, we strive to be socially accountable – to ourselves, our stakeholders and the public.

Headquarter50 S La Salle St
Chicago, IL 60603
United States of America
Websitewww.northerntrust.com
Founding Date1889
Tel(312)630-6000
Company StatusPublic
StockNTRS
Jobswww.northerntrust.com/about-us/careers
Social Sites

Northern Trust Competitors

Northern Trust competitors include Edward Jones, Eaton Vance, Citi, and BNY Mellon. Northern Trust ranks 2nd in Overall Culture Score on Comparably vs its competitors. See below how Northern Trust compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    Edward Jones' Logo
    Edward Jones
    4.3/5
  2. #2
    Northern Trust's Logo
    Northern Trust
    4.1/5
  3. #3
    Eaton Vance's Logo
    Eaton Vance
    3.5/5
  4. #4
    Citi's Logo
    Citi
    3.6/5
  5. #5
    BNY Mellon's Logo
    BNY Mellon
    2.8/5
  • An Insight into Northern Trust Arizona Take a look and hear from some of our ‘partners’ in our Tempe office and how our corporate values meet our people’s personal values. “Northern Trust is a relationship company. When people think of the term relationship, they think of affinity kinship. When I think of relationships, I think of trust because, without trust, it's hard to have a meaningful relationship. Northern Trust believes in a culture of trust. It's how we lead, it's how we treat our clients, it's how we interact as human beings, it's not just a word in our name.” Kent Thomas, Managing Site Director at Northern Trust Tempe. #MadeForGreater #LifeAtNT
  • Connect To Work AZ in partnership with Northern Trust – ‘Identifying Hiring Needs and Developing Career Pathways’ Watch our video to learn more about the history of Northern Trust in Tempe and greater Arizona, and about our partnerships with the teams at Greater Phoenix Chamber and Greater Phoenix Chamber Foundation and how they align to our workforce needs and strategic goals. “Our Tempe office location started in 2015 when 60 people transferred out of our global headquarters in Chicago to seed the site and since then we have grown to over 700 employees.” Kent Thomas, Senior Vice-President, and Managing Site Director at Northern Trust Tempe. For more on how Northern Trust can help you grow your career, go to https://www.northerntrust.com/about-u... #MadeForGreater #LifeAtNT #CTWAZ
  • Starting a career at Northern Trust. Careers in Fund Accounting Shayla Hudson Manager, Fund Accounting. "As a manager, some of the characteristics that I look for include people who are detail oriented, they are very analytical and for someone who is driven" Discover more about the graduate and early careers space at Northern Trust here https://www.northerntrust.com/about-u... #LifeAtNT #MadeForGreater
  • Starting a career at Northern Trust. Careers in Wealth Management Erica Yale, Associate Client Advisor, Wealth Management "Northern Trust has been such an amazing place to work for because Northern Trust has such a supportive environment." Discover more about the graduate and early careers space at Northern Trust here https://www.northerntrust.com/about-u... #LifeAtNT #MadeForGreater
  • Wealth Management Digital Services: Careers in AI, machine learning, data, analytics and the cloud Northern Trust's Innovative, Ground breaking Technology. Dive in and learn more about our heart and soul — our people — and the exciting tech we are embracing company wide. Members of our Wealth Management Digital Services team discuss life at Northern Trust and tremendous opportunities in AI, in machine learning, in data analytics and the cloud with the BuiltIn team. Hear from Emily Reagan, Lucino Sotelo and Andy Li now. For more information about life at Northern Trust and career opportunities go here https://www.northerntrust.com/about-u... #MadeForGreater #LifeAtNT
  • Join our very own Lauren Daitchman and Nadia Cobalovic as they discuss balancing their career and parenthood. #MadeForGreater #LifeAtNT
  • Technology Careers at Northern Trust. Hear from our Global Chief Information Officer, Tom South. "Whether you are a seasoned professional or a recent graduate, chances are there's a place for you here." #MadeForGreater #LifeAtNT
  • Dynamic careers. Brighter futures. Greater possibilities. We’re delighted to share our brand new global Careers video with you all. To learn more about Northern Trust, our people, our culture and all of our open roles go to www.northerntrust.com/about-us/careers We believe you're made for Greater.
  • New Joiner Kit_Northern Trust
  • New Joiner Kit_Northern Trust

Northern Trust Employees

Northern Trust has 22000 employees. 273 employees at Northern Trust have reviewed Northern Trust across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was 2 days ago.

Overall, the 273 Northern Trust employees give their leadership a grade of A-, or Top 15% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at Northern Trust are generally satisfied with their total compensation at Northern Trust, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at Northern Trust are generally satisfied with their team. 273 Participants grade the quality of their coworkers a C+. The majority believe the meetings at Northern Trust are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at Northern Trust believe the environment at Northern Trust is positive. Most Participants believe the pace of work at Northern Trust is moderate. About 66% of the employees at Northern Trust work 8 hours or less.

Overall, the employees at Northern Trust are happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

A Day in the Life
A Day in the Life
Northern Trust employees generally work 8.8 hrs a day
Work Hours
A Day in the Life
Employees at Northern Trust report the work pace is moderate
Work Pace
A Day in the Life
75% of Northern Trust employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Northern Trust employees most often take 20-30 paid vacation and sick days each year
Perks & Benefits
A Day in the Life
86% of Northern Trust employees report they are happy with their work life balance
Work Life Balance
A Day in the Life
Northern Trust employees typically get valuable feedback on how to improve at work Once a month
Feedback
A Day in the Life
75% of Northern Trust employees call their work environment positive
Environment

Joining Northern Trust - Employee Onboarding

The prevailing opinion from employees about joining Northern Trust is that the company was prepared on their first day. Northern Trust employees concluded that their overall onboarding experience was positive. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

Northern Trust KPIs and OKRs

Employees’ understanding of Northern Trust's KPIs and OKRs is essential for its success. Out of 7 Northern Trust employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 6 have said yes.

AnswerPercent
Yes86%
No14%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No100%
Are the KPIs/OKRs for your department clear?

Northern Trust CEO & Leadership

Northern Trust CEO - Michael G. O'Grady

Michael G. O'Grady Northern Trust's CEO
78 /100

Northern Trust’s CEO Michael G. O'Grady started in this role in 2018. Michael’s approval rate is in the Top 10% of all CEOs of similar-sized companies on Comparably, and in the Top 10% compared to the CEOs of all other companies in Chicago. Northern Trust’s CEO is highly regarded especially by African American/Black employees, employees in the Engineering department, and Female employees. However, employees with 1 to 3 Years experience, Asian or Pacific Islander employees, and employees in the Operations department have a less favorable view of the CEO and believe there is room for improvement. Compared to Northern Trust’s competitors, Michael G. O'Grady ranks right above Edward Jones CEO Penny Pennington. Under G. O'Grady’s leadership, Northern Trust employee respondents are most happy about their Manager and the company’s Leadership. Professional Development and Diversity are two areas, according to respondents, where Northern Trust could stand to see real improvement.

Northern Trust Leadership

The Northern Trust Executive Team is rated a “B+” and led by CEO Michael G. O'Grady, Senior Vice President, Senior Relationship Manager Maureen McCarte, and Senior Vice President, Senior Portfolio Manager Xavier Martinez

  • Michael G. O'Grady  CEO / President

    Michael G. O'Grady CEO / President

    Michael G. O'Grady serves as the CEO / President of Northern Trust.

  • Maureen McCarte Senior Vice President, Senior Relationship Manager

    Maureen McCarte serves as the Senior Vice President, Senior Relationship Manager of Northern Trust Wealth Management.... read more

  • Xavier Martinez Senior Vice President, Senior Portfolio Manager

    Xavier Martinez serves as the Senior Vice President, Senior Portfolio Manager of Northern Trust Wealth Management.... read more

  • Stan Kaniecki Vice President - Senior Asset Manager - Family Business Group

    Stan Kaniecki serves as the Vice President - Senior Asset Manager - Family Business Group of Northern Trust Wealth... read more

  • Brian McDermott Sr. Vice President

    Brian McDermott serves as the Sr. Vice President of Northern Trust.

  • Richard Martinez Senior Vice President -Team Leader

    Richard Martinez serves as the Senior Vice President -Team Leader of Northern Trust Wealth Management. Richard started... read more

  • David Murray Senior Vice President, Senior Credit Officer, West Region

    David Murray serves as the Senior Vice President, Senior Credit Officer, West Region of Northern Trust Wealth... read more

  • Raymond Mau VP & Sr. Portfolio Manager

    Raymond Mau serves as the VP & Sr. Portfolio Manager of Northern Trust Wealth Management. Raymond started at Northern... read more

  • Raj S Senior Vice President / Senior Lending Officer

    Raj S serves as the Senior Vice President / Senior Lending Officer of Northern Trust Wealth Management. Raj started at... read more

Northern Trust Salaries

How much does Northern Trust pay?

How much do people at Northern Trust get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Northern Trust is $119,952, or $57 per hour, while the estimated median salary is $109,355, or $52 per hour.

At Northern Trust, the highest paid job is a Director of Engineering at $227,495 annually and the lowest is a CS Rep at $45,188 annually. Average Northern Trust salaries by department include: IT at $102,412, Design at $110,604, Business Development at $113,713, and Operations at $113,981. Half of Northern Trust salaries are above $109,355.

84 employees at Northern Trust rank their Compensation in the Top 30% of similar sized companies in the US (based on 261 ratings) while 81 employees at Northern Trust rank their Perks And Benefits in the Top 15% of similar sized companies in the US (based on 87 ratings).

Salaries contributed from Northern Trust employees include job titles like Senior Developer, Automation Engineer, Business Analyst, and Account Manager. Comparably data has a total of 11 salary records from Northern Trust employees.

Last updated a month ago.

1st Percentile
$59k
$59k1st Percentile
17th Percentile
$87k
$87k17th Percentile
33rd Percentile
$108k
$108k33rd Percentile
50th Percentile
$161k
$161k50th Percentile
67th Percentile
$211k
$211k67th Percentile
83rd Percentile
$253k
$253k83rd Percentile
100th Percentile
$269k
$269k100th Percentile
$119,952*
Average Compensation
$109,355*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Northern Trust Salaries by City

Northern Trust Salaries by Department

Explore Northern Trust Salaries

Diversity & Inclusion at Northern Trust

Diverse employees at Northern Trust score the company 64/100 across various culture categories, placing Northern Trust in the Bottom 45% of companies on Comparably with 10,000+ Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Northern Trust across various culture dimensions.

Greater is…fitting in because of your differences.,,We believe diversity, equity and inclusion are inextricably linked. That’s why we’re working to create an environment where every individual feels respected, supported and valued to fully contribute to our shared success.,,Go further in a community that cares.,,Gain access to industry experts, global perspectives, leading technology and dedicated support from your colleagues – all without sacrificing the richness of your life outside of work.

Ranked Culture the Highest

Women N/A/100
Men 81/100
Department - Engineering
Diverse Employees 65/100
Tenure - 1 to 2 Years

Ranked Culture the Lowest

Women N/A/100
Men 45/100
Department - Operations
Diverse Employees 64/100
Tenure - 5 to 10 Years

Northern Trust Perks & Benefits

Health & Wellness

  • Health Insurance
  • Life Insurance
  • Gym Membership / Reimbursement

Paid Time Off

  • PTO / Vacation Policy
  • Paid Holidays
  • Maternity / Paternity Leave

Financial Benefits

  • 401K / Retirement Plan
  • Performance Bonus
  • Tuition Reimbursement
  • Employee Stock Purchase Plan

Office Perks

  • Free Food
  • Company Social Outings
  • Work From Home Policy
  • Unique Office Space

Northern Trust PTO

Northern Trust's PTO and Vacation policy typically gives 20-30 days off a year with 50% of employees expected to be work free while out of office. Paid Time Off is Northern Trust's most important benefit besides Healthcare when ranked by employees, with 50% of employees saying it is the most important benefit. Northern Trust's benefits and PTO Package averages to represent a $1000 -$1500 cash value per month.

AnswerPercent
Flex Time0%
Vacation Policy50%
Office Meals0%
401k Contribution50%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes50%
No50%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo20%
$1500 - $2500/mo20%
$1000 -$1500/mo40%
$500 -$1000/mo20%
Less than $500/mo0%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

Northern Trust Careers

Northern Trust Jobs

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Overview of Candidates Interested in Northern Trust on Comparably

Candidates By Department

Finance
23%
All Industries
15%
Sales
8%
Product
8%
Engineering
8%
Other
38%

Candidates By Location

Chicago
31%
North Hills
8%
Menlo Park
8%
Downers Grove
8%
Dallas
8%
Other
38%

Frequently Asked Questions regarding Northern Trust

What is Northern Trust address?

Northern Trust location is at 50 S La Salle St

Who is the CEO of Northern Trust?

Northern Trust CEO is Michael G. O'Grady, their score by employees is 78

What is Northern Trust eNPS?

The eNPS for Northern Trust is 20

What is Northern Trust revenue?

Northern Trust revenue is $7B

What is the salary for Director of Sales in Northern Trust?

Director of Sales average salary in the US is 223k

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