ITW reviews

3.8

66% would recommend to a friend

(207 total reviews)
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Christopher A. O’Herlihy

81% approve of CEO

59% positive business outlook

Reviews by job title

207 reviews

Reviews about "Compensation"

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1.0
Mar 7, 2014

I can't wait to get out of here

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

good financial performance, Fortune 200, sounds good, fairly good benefits, 401K, medical insurance and so on

Cons

management team too disconnected with actual business operations, overall this company doesn't understand about organic growth, their strength is acquisition. They are going through a major consolidation at the moment, reducing the 800 business units down to 150 or so. Huge layoffs, that's why they were able to show such good financial performance last year. However the whole company is very short term driven. and the cross functional communication is very bad. people work in silos. finger pointing and sabotage happens every day, no team building, very low morale.

2.0
Feb 23, 2014

ITW Tax Department

Recommend
CEO approval
Business Outlook

Pros

Better pay than most companies due to high turnover rate and reputation, good health benefits and 401(k)

Cons

HR had the tax department do a self-assessment survey approximately three years ago. The results came back that the tax department has no guidance in career opportunities and development, no reward or recognition, poor communication, management lacking leadership, no promotions, strenuous and stressful job, and majority of individuals would not recommend other colleagues and friends to work at ITW. The issues remain in existence and seem untouched. Currently through all the issues at ITW, there is a high turnover rate within the tax department as well as other corporate departments. Within the last 3 years, there are approximately 20 individuals that have left the tax department. In the last 12 months, three vice-presidents of the tax department resigned from their position. Two of the vice presidents came from reputable companies and lasted less than a year at ITW. Staff and management are accustom and unsurprise that individuals are leaving the tax department. To accommodate the high turnover rate, the tax department has approximately 10-20 interns on any given day and consultants are an essential resource. A bad reputation about the ITW tax department lingers in the business world. The bad reputation has brought a challenge to recruiting talent for ITW. To accommodate the bad reputation, ITW will offer a higher salary then the norm for new employees.

3.0
Dec 2, 2013

Too Much Restructuring

Recommend
CEO approval
Business Outlook

Pros

Corporate Benefits, Nice Salary, Paid Holidays. Good Health and wellness plan. 401K, corporate discount plans.

Cons

I worked for ITW for one year and had 4 different supervisors. When the higher-ups start leaving, its time to go.

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