Best Places to Work in IT 2009 Employer Profile

No. 53

Northern Trust Corp.

Chicago, Ill. [North Central]

Why you want to work there

IT employees at this Chicago-based multibank holding company enjoy flexibility in both their work schedules and locations. Many choose to work longer daily hours, with a shortened workweek; others work from home one day or more per week. The operations and technology business unit employs more than 1,200 full-time IT staffers worldwide, and virtual teams cross geographic and cultural boundaries daily. The company reports that it is positioning itself for growth and working to build on its technology investment. Northern Trust had its highest capital investment year ever in 2008, and the 2009 tech investment is planned for just slightly below that record. The investments help the company implement the latest in virtualization technologies to better manage its technology footprint and develop applications based on the latest rich Internet application technologies for its clients.

Rank by company size:
Medium, No. 15

Employee Statistics

Total U.S.-based employees: 9,600

Total U.S.-based IT employees: 1,174

IT employee turnover in 2008: 6%

IT promotions in 2008: 7%


Training days offered per IT employee in 2008: 2

Training budget per IT employee in 2008: $463

Women in IT

Total percentage of women within IT: 29%

Percentage of IT managers who are women: 27%

Percentage of IT staffers (non-managers) who are women: 31%

Minorities in IT

Total percentage of minorities within IT: 32%

Percentage of IT managers who are minorities: 20%

Percentage of IT staffers (non-managers) who are minorities: 36%