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Northern Trust Named a Best Company for Diverse Graduates by Diversity Edge Magazine

Posted on: Friday, 15 May 2009, 08:30 CDT

CHICAGO, May 15 /PRNewswire-FirstCall/ -- Northern Trust announced today that it has been named to Diversity Edge Magazine's list of "2009 Best Companies for Diverse Graduates," recognizing the top 20 companies that demonstrate leadership in recruiting, retaining and career advancement programs for diverse professionals. The list will be featured in the magazine's second quarter issue, available at the end of June.

"Northern Trust recognizes the immeasurable value of recruiting and hiring a diverse workforce and the importance of providing employees with the tools and resources they need to achieve their individual career goals," said Mark Welch, Director of Global Diversity & Inclusion at Northern Trust. "We are committed to fostering an inclusive culture that supports the ongoing development of our employees by offering comprehensive training, mentorship and networking programs. Through our strong focus on diversity and inclusion we have been able to hire and retain a diverse workforce, with professionals from all backgrounds, leading to a proliferation of ideas and innovation, and ultimately, better products and services for our clients."

The top 20 companies were selected based on their responses to the magazine's "Best Companies Survey," along with reviews from participating college and university career services centers. The survey measures diversity recruiting policies, leadership development initiatives, training programs, opportunity for mentorship and activeness of employee affinity groups.

Northern Trust's Corporate Diversity Council has implemented several key initiatives and programs to promote diversity and inclusion:

• Employee-run Business Resource Councils, such as the Advancing Professionals Resource Council, Asian Leadership Council and Black Business Resource Council, help employees of diverse backgrounds support one another in their personal and professional growth.
• The Leadership Development Forum, a series of professional development and personal mentoring groups for women develops strategic, global leaders.
• Mentoring Matters, Northern Trust's Global Mentoring Program is a vital tool in promoting the core values of the organization, facilitating the transfer of tacit organizational and experiential knowledge, populating talent pipelines at all levels in the organization and creating increased visibility in succession planning and overall talent management.
• Work-Life Balance programs such as the Family Assistance Program and Elder and Child Care Programs, allow employees to balance their personal and professional responsibilities.

Northern Trust is continuously recognized for supporting workplace diversity. Most recently, Northern Trust was named a LATINA Style 50 Company by LATINA Style Magazine, as well as one of the "Top 50 Companies for Executive Women" by the National Association for Female Executives.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, fiduciary and banking solutions for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has a network of 85 offices in 18 U.S. states and has international offices in 15 locations in North America, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2009, Northern Trust had assets under custody of US$2.8 trillion, and assets under investment management of US$522.3 billion. Northern Trust, founded in 1889, has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit http://www.northerntrust.com.

About Diversity Edge Magazine

Diversity Edge Magazine is a publication dedicated to addressing issues pertaining to career and business diversity. We highlight the positive efforts that promote workforce and supplier diversity in Corporate America. The editorial content is designed to expose diverse corporate professionals to new career opportunities and to increase the visibility of diverse entrepreneurs. Additional information is available at www.thediversityedge.com.

SOURCE Northern Trust Corporation

Source: PR Newswire

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