Charity organisation Working Families has presented Northern Trust (Nasdaq: NTRS), the Best for Flexible Working Award and listed the corporation as one of the 30 best employers for working families in the UK.
The Working Families Benchmark and Awards is the definitive list of employers ensuring the best quality of work-life balance and career development for employees. Founded by Working Families, a not-for-profit organisation, in partnership with the Institute for Employment Studies the UKs leading independent centre for research and consultancy in employment, labour and human resources the awards aim to recognise organisations across the UK doing the most to support the work-life balance needs of all their employees.
Northern Trust is delighted to receive this award in recognition of our continuing commitment to supporting our employees individual career paths through our flexible working culture, said Gillian Pembleton, head of human resources at Northern Trust in Europe, Middle East and Africa (EMEA). We believe flexible working is a powerful endorsement which enables our employees to enjoy a balanced work life and generally leads to better performance and more effective working.
Northern Trust supports an inclusive organisational culture and advocates workplace diversity through a number of initiatives in the UK including global employee networks which provide development and educational opportunities as well as mentoring, networking, training and events. Across EMEA during 2011, 86 percent of all flexible working requests submitted were approved, with 31 percent originating from male employees.
Many congratulations to Northern Trust on winning the Best for Flexible Working Award, said Sarah Jackson OBE, chief executive of Working Families. The judges were impressed by Northern Trusts embedded flexible culture and other winning policies including the high number of female senior managers, mandatory training for managers in flexibility and good retention, and training and individual career development based on individual needs and working arrangements.
Earlier this year Northern Trust was named one of the U.K.s Top 50 Employers for Women by The Times. It has also been named one of the World's Most Admired Companies by Fortune Magazine, one the Top Companies for Executive Women by the National Association for Female Executives (U.S.) and one of 100 Best Companies of 2011 by Working Mother Magazine.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2012, Northern Trust had assets under custody of US$4.6 trillion, and assets under investment management of US$716.5 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A, incorporated with limited liability in the U.S.
The Northern Trust Company, London Branch (reg. no. BR001960), Northern Trust Global Investments Limited (reg. no. 03929218) and Northern Trust Global Services Limited (reg. no. 04795756) are authorised and regulated by the Financial Services Authority.
Northern Trust (Guernsey) Limited, Northern Trust Fiduciary Services (Guernsey) Limited, and Northern Trust International Fund Administration Services (Guernsey) Limited are licensed by the Guernsey Financial Services Commission. Northern Trust International Fund Administrators (Jersey) Limited and Northern Trust Fiduciary Services (Jersey) Limited are regulated by the Jersey Financial Services Commission. Northern Trust International Fund Administration Services (Ireland) Limited, Northern Trust Securities Services (Ireland) Limited and Northern Trust Fiduciary Services (Ireland) Limited are regulated by the Central Bank of Ireland. Northern Trust Global Services Limited has a Netherlands Branch which is authorised and regulated in the Netherlands by De Nederlandsche Bank. Northern Trust Global Services Limited has a Luxembourg Branch which is authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF). Northern Trust Luxembourg Management Company S.A. is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Northern Trust Global Services Limited operates in Abu Dhabi as a Representative Office, Licence number 13/238/2008 which is authorised and regulated by the Central Bank of the United Arab Emirates. The Northern Trust Company operates in Canada as The Northern Trust Company, Canada Branch which is an authorized foreign bank branch under the Bank Act (Canada). Trustee related services in Canada are provided by the wholly owned subsidiary The Northern Trust Company, Canada, an authorized trust company under the Trust & Loans Companies Act (Canada). Deposits with The Northern Trust Company and its affiliates and subsidiaries are not insured by the Canada Deposit Insurance Corporation. Northern Trust operates in Australia as a foreign authorised deposit-taking institution (foreign ADI) and is regulated by the Australian Prudential Regulation Authority and the Australian Securities & Investments Commission (AFS Licence No: 314970). The Northern Trust Company of Hong Kong Limited is regulated by the Hong Kong Securities and Futures Commission. The Northern Trust Company has a Singapore Branch which is a foreign wholesale bank regulated by the Monetary Authority of Singapore. The Northern Trust Company has a branch in China regulated by the China Banking Regulatory Commission. Northern Trust Global Investments Japan, K.K. is regulated by the Japan Financial Services Agency. Northern Trust Global Services Ltd (UK) Sweden Filial is authorised by the Financial Services Authority and subject to regulation by the Finansinspektionen. Northern Trust Global Investments Limited has a Netherlands branch which is authorised by the Financial Services Authority and subject to regulation in The Netherlands by the Autoriteit Financiële Markten. Northern Trust Global Investments Limited has a Sweden branch which is authorised by the Financial Services Authority and subject to regulation in Sweden by the Finansinspektionen.