Northern Trust Overview

Financial Services
Founded In
Organization Type
Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and banking solutions to corporations, institutions and affluent individuals. For more than 120 years, they have evolved with the changing needs of their clients and their world.
The staff at Northern Trust come from unusually diverse demographic backgrounds. The company is 41.9% female and 44.4% ethnic minorities. Despite its diversity in other areas, Northern Trust employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 70.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Northern Trust has great employee retention with staff members usually staying with the company for 6.0 years. The average employee at Northern Trust makes $97,713 per year. Pay at Northern Trust is significantly lower than some of its highest paying competitors, like Pacific Investment Management Company LLC, EquiLend, and Moody's, which pay $132,360, $118,953, and $109,712, respectively.
Northern Trust is an industry leader with 20,000 employees and an annual revenue of $6.0B that is headquartered in Chicago, IL.

The Organization’s Mission

To start the next best thing and achieve something greater.


Employee Reviews

Based On 7 Ratings

Do you work at Northern Trust?

Help us make this company more transparent

Job Openings
332 Positions
Average Salary
$97,713 yearly

Northern Trust Reviews

Employee Reviews

Work At Northern Trust? Share Your Experience

Employee Reviews

Feb 2023

Great work-life balance


Not a meritocracy. Very hard to get promoted.


Ability to work remotely.

Jul 2021

Work culture and work life balance


Limited career progression


Travel and food allowance

Mar 2021

The people interaction was great. Teams between different areas of the bank worked well together.


The slow pace of decision making. Often decisions were revisited creating a rehashing of research that rarely resulted in significant changes.


The company held a holiday lunch each year that brought people together.

Work at Northern Trust? Share your Experience

Overall Rating*
Salary and Benefits
Work Environment
Diversity and Inclusion
Career Opportunities

The Culture At Northern Trust

Information provided by the company

The Team At Northern Trust

Key People

Michael G. O'Grady

Byron Smith

Northern Trust Rankings

Northern Trust is ranked #24 on the Best Finance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Northern Trust Salaries

Salary Score
The national average salary for a Northern Trust employee in the United States is $97,713 per year. Employees in the top 10 percent can make over $153,000 per year, while employees at the bottom 10 percent earn less than $62,000 per year.
Average Northern Trust Salary
$46.98 hourly
Updated March 16, 2023
Average Employee Earnings

Highest Paying Jobs At Northern Trust

RankJob TitleAvg. SalaryHourly Rate
1Information Systems Manager$139,568$67
2Application Software Developer$119,752$58
3Investment Officer$113,965$55
4Senior Consultant$113,118$54
5Trust Officer$111,471$54
6Application Consultant$106,842$51
7Quality Assurance Lead$104,437$50
8Database Administrator$103,879$50
9Investment Associate$100,390$48
10Finance Service Sales Agent$100,299$48
11Project Manager$99,680$48
12Business Analyst$99,227$48
13Quality Assurance Engineer$98,046$47
14Java Developer$97,822$47
15Lead Technician$92,310$44
16Team Leader$92,254$44
17Security Technician$90,565$44
18Computer Scientist$88,034$42
20Finance Specialist$86,344$42

Northern Trust Diversity

Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Northern Trust Gender Distribution


Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Northern Trust. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • Northern Trust has 20,000 employees.

  • 42% of Northern Trust employees are women, while 58% are men.

  • The most common ethnicity at Northern Trust is White (56%).

  • 15% of Northern Trust employees are Asian.

  • 13% of Northern Trust employees are Hispanic or Latino.

  • The average employee at Northern Trust makes $97,713 per year.

  • Northern Trust employees are most likely to be members of the democratic party.

  • On average, employees at Northern Trust stay with the company for 6.0 years.

Jobs from companies you might like

Do you Work At Northern Trust?

Help us make this company more transparent.

Northern Trust Employee Political Affiliation

Northern Trust employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Northern Trust employee was by Kelly Welsh. Kelly Welsh donated $26,050 to the Democratic Party.

Northern Trust


Democratic Party

70.4 %

Republican Party

28.4 %


0.8 %


0.4 %
Employee Political Donations
NameJob TitlePartyDonation
Kelly WelshAttorneyDemocratic Party$26,050
Connie LindseyFinance Services DirectorDemocratic Party$19,700
ELI ShearnProject ManagerDemocratic Party$18,028
Frederick WaddellChief Executive OfficerRepublican Party$16,500
Jason TylerExecutive Vice PresidentDemocratic Party$11,200
John PodjasekBankerRepublican Party$10,500
John GrubeRetirement SpecialistRepublican Party$9,600
John CouzensBankerRepublican Party$8,050
James RoselleAttorneyDemocratic Party$7,900
Jerome SimonInformation AssuranceRepublican Party$7,750
Show More

Northern Trust Employment Videos

Northern Trust Financial Performance

Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

How Would You Rate The Company Culture Of Northern Trust?

Have you worked at Northern Trust? Help other job seekers by rating Northern Trust.

Northern Trust Subsidiaries

Subsidiaries to Northern Trust include EquiLend. Employees at the parent company, Northern Trust, earn $97,713 whereas employees at EquiLend earn $118,953, on average.
Average Salarydesc
Salary Range93k - 151k$119k$118,953

Highest Paying Northern Trust Competitors

Based on our research, similar companies to Northern Trust are Pacific Investment Management Company LLC, EquiLend, and Moody's. Employees at Pacific Investment Management Company LLC earn more than most of the competition, with an average yearly salary of $132,360. Employees at EquiLend earn an average of $118,953 per year, and the employees at Moody's earn an average salary of $109,712 per year.

Frequently Asked Questions about Northern Trust

When was Northern Trust founded?

Northern Trust was founded in 1889.

How many Employees does Northern Trust have?

Northern Trust has 20,000 employees.

How much money does Northern Trust make?

Northern Trust generates $6.0B in revenue.

What industry is Northern Trust in?

Northern Trust is in the financial services industry.

What is Northern Trust's mission?

Northern Trust's mission statement is "To start the next best thing and achieve something greater."

What type of company is Northern Trust?

Northern Trust is a public company.

Who are Northern Trust's competitors?

Northern Trust competitors include Fidelity Investments, EquiLend, State Street, BNY Mellon, Goldman Sachs, BlackRock, Morgan Stanley, SEI Investments, Russell Investments, Pacific Investment Management Company LLC, Fannie Mae, AIG Global Investment Group, Moody's, Invesco, Wellington Management, J.P. Morgan, ABN AMRO Chicago Corporation, FHLBank Chicago, ABN AMRO Asset Management Holdings, Nuveen Investments.

Who works at Northern Trust?

Michael G. O'Grady (CEO)

Byron Smith (Founder)

Are You An Executive, HR Leader, Or Brand Manager At Northern Trust?

Claiming and updating your company profile on Zippia is free and easy.

Zippia gives an in-depth look into the details of Northern Trust, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Northern Trust. The employee data is based on information from people who have self-reported their past or current employments at Northern Trust. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Northern Trust. The data presented on this page does not represent the view of Northern Trust and its employees or that of Zippia.

Northern Trust may also be known as or be related to Northern Trust, Northern Trust Corporation and The Northern Trust Co.