Job Description:

Since its founding more than 100 years ago, ITW has become one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses. We place a high premium on developing innovative solutions–most of which are developed in tandem with our customers. And we continue to ensure that our customers receive timely, cost-effective service for our innovative products.

ITW’s differentiated business model comprises unique core capabilities: our proprietary 80/20 business process, customer-back innovation, and our well-known decentralized entrepreneurial culture. These capabilities are unmistakably ITW—and key to our longevity and strong performance.

ITW’s products and solutions are at work all over the world, in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which we live and work, the cars we drive, and the mobile devices we rely on. We are never, whether we know it or not, more than a few steps from an innovative ITW solution.

ITW (NYSE: ITW) is a Fortune 300 global multi-industry manufacturing leader with revenue of $15.9 billion in 2024. and employs ~44,000 people operating in 51 countries. Our headquarters are in Glenview, IL. include a fitness center at no cost to the employees, a cafe, outdoor volleyball courts, walking trails around the facility, employee resource groups, corporate discounts, dry cleaning services, covered/outdoor parking, and much more. We are just a block away from the nearest Metra station, and it is a quick 20-minute train ride to downtown Chicago, museums, lakefront, and other activities.

More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/

The Senior Executive Compensation Analyst supports the design, administration, governance, and disclosure of ITW’s executive compensation programs. This role serves as a key analytical and operational partner to senior compensation leadership and collaborates closely with Legal, Finance, Tax, Payroll, Treasury, HRIS, and external advisors. The role is primarily focused on executive and equity compensation, with exposure to Compensation Committee support, proxy disclosure, long-term incentive administration, and non-qualified deferred compensation, while maintaining strong analytical and execution responsibilities.

Key Responsibilities

Executive & Equity Compensation Support

• Support the administration of executive compensation programs, including annual incentive, long-term incentive, equity awards, and executive retirement and deferred compensation plans.
• Prepare and audit equity grant, vesting, dividend, and settlement files in coordination with third-party equity administrators and internal stakeholders.
• Assist in developing compensation recommendations for executive promotions, internal moves, and external hires.

Compensation Committee & Governance Support

• Assist in the preparation of materials for the Board of Directors’ Compensation Committee, including analytical exhibits, benchmarking, and supporting documentation.
• Support the preparation of executive compensation disclosures, including data gathering, validation, and drafting support for the CD&A, Summary Compensation Table, and related proxy disclosures.
• Assist with CEO Pay Ratio data collection, analysis, and documentation.

Market Analysis & Benchmarking

• Participate in executive compensation market surveys and assist with benchmarking analyses to assess competitiveness and inform compensation decisions.
• Conduct ad-hoc market pricing and pay analysis using survey data and internal compensation structures.

Non-qualified Deferred Compensation & Executive Benefits

• Support administration of executive nonqualified deferred compensation plans, including file preparation, payroll coordination, participant inquiries, and annual enrollment processes.
• Assist with executive benefits–related analysis and communications, as needed.

Planning, Systems & Analytics

• Support annual compensation planning cycles through data audits, system testing, report generation, and participant communications.
• Perform detailed compensation analyses, identify trends or anomalies, and ensure data accuracy across multiple systems and reporting outputs.
• Maintain documentation, tools, and reference materials related to executive compensation programs.

Cross-Functional Collaboration

• Work closely with Legal, Finance, Tax, Accounting, Payroll, Treasury, HRIS, and external consultants to support compliance with tax, accounting, and disclosure requirements.
• Respond to executive and HR stakeholder inquiries with a high degree of professionalism, accuracy, and discretion.
• Support the broad-based compensation team on an as-needed basis.

Requirements:

• Bachelor’s degree in Human Resources, Finance, Accounting, Business, or a related field is required
• 4–6 years of progressive experience in compensation, with increasing focus on executive and/or equity compensation.
• Ability to work onsite at the Glenview corporate campus 5 days a week, with flexibility in hours.
• Strong analytical and quantitative skills, with the ability to work with complex compensation datasets.
• Advanced Excel proficiency (e.g., pivot tables, formulas, lookups); experience with compensation or equity systems strongly preferred.
• Working knowledge of executive compensation concepts, including equity compensation, incentive plans, and proxy disclosure requirements.
• Working knowledge of broad-based compensation concepts, including pay structure development, job evaluation, market pay benchmarking, geographic differentials, along with participation in various salary surveys and developing pay increase recommendations.
• Strong attention to detail, data integrity mindset, and experience performing audits and reconciliations.
• Effective written and verbal communication skills, with the ability to interact across levels and functions.
• Demonstrated ability to manage multiple priorities and deadlines in a highly confidential environment.

Compensation Information:

The compensation package for the role offers a competitive base salary ranging from $90k- $125k annually. This position is eligible to participate in the annual incentive plan.

ITW considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, geographic location, key skills, as well as market and business considerations.

In addition to a competitive salary, ITW employees in the U.S. are eligible for a comprehensive benefits package. This package includes medical, dental, vision, disability and life insurance programs. We also provide a 401k plan with both a company match and additional employer contribution, Flexible Spending Accounts, Health Savings Accounts, Employee Assistance Program, Commuter benefits, Adoption Assistance, and Educational Assistance; Parental Leave, vacation, sick time, and 11 Paid Holidays.

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. 

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. 

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.