Senior Compensation Analyst (Glenview)

Senior Compensation Analyst

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 solutionsmost 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 ITWand 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.

The Senior Compensation Analyst supports the ITW Corporate Compensation function by administering the broad-based compensation programs, analyzing data and compensation trends, and providing compensation guidance to division and business unit HR professionals.

Responsibilities :

• Coaches and assists HR professionals with how to administer the ITW compensation and job banding frameworks (ITW grading), interpreting market data and applying compensation best practices in their businesses.
• Partners with the Workday team on the annual compensation planning process (merit, incentive & stock grants) in Workday, providing advice & analysis and resolving helpdesk tickets as necessary.
• Coordinates ITW's global survey submissions and prepares and reviews annual salary survey submissions.
• Analyzes global survey results to prepare salary range and merit recommendations, by country. Manages updates of all ranges in the Workday platform.
• Leads and / or supports enterprise-wide broad-based compensation projects.
• Provides guidance and support to ITW businesses with local compensation initiatives.
• Reviews and manages the ITW job catalog that supports the Job Banding system.
• Maintains and updates various compensation related tools, documentation and resources utilized by field HR professionals.
• Keeps content on the ITW HR Pro Resources Portal updated as necessary.

Knowledge and Skill Requirements :

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.