Illinois Tool Works

  www.itw.com
  www.itw.com
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Illinois Tool Works Reviews

Updated September 8, 2014
Updated September 8, 2014
119 Reviews
2.9
119 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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E. Scott Santi
30 Ratings

Review Highlights

Pros
  • Great benefits, Challenging projects, Executive management actively involved (in 9 reviews)

  • Decentralized business units; standalone companies yet still under the corporate umbrella (in 8 reviews)


Cons
  • They are going through a major consolidation at the moment, reducing the 800 business units down to 150 or so (in 6 reviews)

  • Inablity of Management team(HODs) (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Constantly changing environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - PC Support Specialist  in  Vernon Hills, IL
    Current Employee - PC Support Specialist in Vernon Hills, IL

    I have been working at Illinois Tool Works full-time for more than a year

    Pros

    -good company with long track record
    -new executives are focused on increasing stock price
    -company is well known for promoting from within and having long term employees
    -many of the workers who have been there for awhile make each day worth it
    -collaborating with other business units is enjoyable

    Cons

    -new executives are focused on increasing stock price
    -company goes through constant shake-ups and org changes to keep up with M&A's, as well as many changes in IT
    -most of the business units are completely separate and thus suffer from not having a common budget or common organziation. Ultimately it makes collaborating harder, and cost of business more. For IT, it makes it harder to get captial expenses approved
    -a lot of changes are currently in the works. ITW just sold off signode which was a huge company for them. It is hard to say what ITW will try to keep in its portfolio
    -not all the managers are created equal. Having a bad manager will really ruin your experience anywhere, but here, it could ruin your life. I've had three different managers, and our current one doesn't know how to handle the day to day. He spends most of his time in meetings trying to collaborate with other units to get his projects done. This is probably a good thing and is something he was brought on to do, however the downside is not having a manager that is really committed to his employees epxereience - and he tends to be very detached from the issues the affect our department, and thus the company.
    -high turnover, and in IT it makes it hard to integrate when everyone is new.
    -alot of the older employees are worried about their jobs, and that affects morale. Even more so, it makes some of them very viscious and defensive about their jobs
    -everyone is overworked, because people have left or quit and were never replaced. Many times you are doing the job of several people. Managers are pretty aware of this, but it doesn't seem like they can do anything - corporate is trying to keep costs down.
    - i was hired at a lower level than the work I was expected to do. This is great for my experience, so it almost is a pro. However, I am getting paid for less than what the IL Bureau Labor Statistics shows is the standard. It also isn't good for me when I want to move on, because people don't have a clear idea of what I do.

    Advice to ManagementAdvice

    Focus on getting the talent that will be able to handle the day-to-day and improve morale in departments. Try not to have huge organizational changes every year. When hiring new managers think about how you will get through the mundane things first, and don't be afraid to break up a single job into several - it isn't always good to give one guy a six figure salary, when you could higher three people for the same price (which would cover more ground). Keep in mind that all the employees are over worked... there is too much that needs to get done and not enough time - either hire more workers or delegate better.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Culture is evolving -- much more draconian around cost management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Glenview, IL
    Former Employee - Anonymous Employee in Glenview, IL

    I worked at Illinois Tool Works full-time for more than 5 years

    Pros

    The executives were down to earth, low ego

    Cons

    Decentralized culture can be hard to navigate. Focus is more on cost and downsizing now -- do more with less. Cutting into the muscle. Is is sustainable?

    Advice to ManagementAdvice

    Don't forget about people. Make sure you are investing in career growth.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Great career starter.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Engineer  in  Chicago, IL
    Current Employee - Project Engineer in Chicago, IL

    I have been working at Illinois Tool Works full-time for more than a year

    Pros

    Every division has hard working, intelligent, senior employees that are willing to help newbies.High levels of responsibility are given early allowing you to earn respect quickly. Divisions operate with separately, so even though there are 51,000 ITW employees you get to know most everyone in your own division very well.

    Cons

    Personal growth is not well defined. You are either on the fast track or you are not it seems. Pay is average or below. Management changes frequently.

    Advice to ManagementAdvice

    Don't change for the sake of change. There are a lot of employees that know how to run a successful business, and have gotten this company to where it is today.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Excellent company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager  in  Chicago, IL
    Current Employee - Manager in Chicago, IL

    I have been working at Illinois Tool Works full-time for more than 10 years

    Pros

    ITW cultivates creative and high energy people. The management team is very smart and capable. The product lines and customers are great.

    Cons

    The company is going through many structural and management changes that are good for the future.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Slow to change; executives don't stand behind their strategy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Illinois Tool Works full-time for less than a year

    Pros

    Great benefits, strong emphasis on community giving, lots of opportunity to work in a wide range of areas.

    Cons

    The corporate strategy comes across like lip service. There's all these pillars but no one is really seeing any movement. It's a hierarchical company, it's not very diverse and the 80/20 philosophy is over-used and has been twisted in ways to allow management to skirt real issues. People seem more motivated by fear than values.

    Advice to ManagementAdvice

    Bring some diversity into your executive team and management, consider looking into creating a more modern work culture (e.g. Google) and assign real people with real skills to work on taking your pillars forward. Allow people with the skills to do the work; don't micromanage.

    Doesn't Recommend
    Neutral Outlook
  7.  

    OK but only bottom line matters

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technical Sales  in  Cincinnati, OH
    Current Employee - Technical Sales in Cincinnati, OH

    I have been working at Illinois Tool Works full-time for more than 10 years

    Pros

    Benifits are good but no pay, wage freezes

    Cons

    Under staffed, clueless mangement, over worked

    Advice to ManagementAdvice

    Listen to workers

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8.  

    Megalithic, faceless, multinational corporation.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Illinois Tool Works full-time for more than 8 years

    Pros

    Benefits are good. Pay and working conditions depend on your position and the business unit you hire into. Some business units are OK, some are not. Politics and luck will play a great part in advancement.

    Cons

    Though the overall business model is decentralized, major policy decisions are made by people in Illinois. This means that people who have no experience in your particular industry will make sweeping policy changes that the people who actually do the work must live with.
    The basic problem is a cookie cutter approach to all business decisions.
    If you hire into a newly acquired business unit, you may find considerable turmoil and disruption as ITW executives remold the culture in their image.

    Advice to ManagementAdvice

    ITW Values are meaningless if they do not secure the needs of stakeholders as well as stockholders.

    No opinion of CEO
  9. 1 person found this helpful  

    Opportunity for career advancement but no work/life balance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager  in  Boston, MA
    Former Employee - Manager in Boston, MA

    I worked at Illinois Tool Works full-time for more than 10 years

    Pros

    Lots of training and opportunities to learn new things. Great benefits. Great company for new grads because they will be given more freedom and will not be held to the same standards as longer tenured employees.

    Cons

    Management changes course...FREQUENTLY. A top project today may be dissolved in 6 months. You have to be adaptable but sometimes too much change at once is difficult to recover from. The restructuring does not appear to have been planned well. Some facilities have become ghost towns. Picking a divisional HQ, that isn't equipped to be a HQ, because the GM is based there...not exactly forward thinking.

    Advice to ManagementAdvice

    Make sure the middle management layers, at least the ones left after all of the restructuring, aren't afraid of losing their jobs and actually speak up when a decision from the top may have some undesired results. They are telling you what you want to hear. Talk to the employees and lower level managers.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10.  

    Marketing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Illinois Tool Works full-time

    Pros

    Salaries above industry averages. Decent benefits.

    Cons

    Slow to move ahead with opportunities.

    No opinion of CEO
  11.  

    Enterprise strategy is destroying day-to-day business

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Marketing Manager  in  Boston, MA
    Current Employee - Marketing Manager in Boston, MA

    I have been working at Illinois Tool Works full-time for more than 10 years

    Pros

    Good benefits. Until the restructuring started, great management team and great colleagues to work with.

    If you're a college graduate, great opportunity because you'll get preferential treatment over everyone else--with no accountability.

    Cons

    Since restructuring started, most are uncertain if they will have a job in a month, even upper management. The environment is very untrusting, in fighting between departments and very frustrating to get day-to-day things accomplished because no one will make a decision. Every little thing has to be approved by several people. All authority has been removed from middle management.

    Advice to ManagementAdvice

    Listen to employees, especially the ones who have been around a long time. They've seen things just completely fall apart because every opportunity/opinion is given/taken from a person with no experience in the market or business. Most often they are college graduates who can't "see" the whole picture or think long term. Plus most of them don't truly care about the business, they are just trying to get to their next position.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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