ITW Benefits …
For Life Your Way

BENEFITS & COMPENSATION

Since our people are the driving force behind our success, we provide competitive pay and benefits focused on supporting the physical, mental and financial well-being of our colleagues and their families. Our total rewards package is broad and offers comprehensive support, from health, to retirement and financial stability.

Specific benefits vary worldwide and are based on regional needs. Below are common features of the U.S. benefit programs. For more details, visit our benefits page.
A sense of mutual respect and mindfulness permeates our culture-in fact, it’s the key to our success.

SUPPORTING YOUR WELL-BEING

A sense of mutual respect and mindfulness permeates our culture-in fact, it’s the key to our success.

HEALTHCARE

Having a choice of healthcare options allows you to decide what works best for you and your family. Our comprehensive, affordable plans include:

  • Medical coverage
  • Dental coverage
  • Vision coverage
  • Health Savings Account (HSA)
  • Flexible Spending Account (FSA)

LIVING WELL AT ITW

From numerous programs and resources to personal coaching, we offer free programs to help you be well at work and at home. ITW’s Employee Assistance Program (EAP) also offers confidential help whenever you or your family need it.

PAY

We offer competitive compensation packages that are aligned with market pay practices and ITW’s pay for performance philosophy. This philosophy is utilized by our businesses for rewarding excellent individual and company performance.

CHARITABLE MATCHING GIFTS

You are empowered to support the charitable organizations and causes that matter most to you. ITW offers an industry-leading Matching Gift Program that matches $3 to every $1 you donate. ITW also supports volunteer service by contributing $15 to an employee’s charity for every hour served for that charity.

PARENTAL LEAVE

ITW’s paid parental leave offers the opportunity for both men and women to care for and bond with their new child. 

INCOME PROTECTION

If the unexpected happens, we offer peace of mind and a safety net for you and your loved ones, with income protection benefits including:

  • Short and Long-Term Disability
  • Employee Life & AD&D Insurance
  • Spouse and Child Life Insurance

PAID TIME OFF

We offer paid time off programs and a company holiday schedule to support maintaining a healthy balance in your personal and work lives. These time off programs meet or exceed the requirements of paid time off in accordance with any applicable state or local laws. 

RETIREMENT SAVINGS

Choose the best way to reach your retirement goals with an industry-leading 401(k) plan. You have the option to contribute on a pre-tax, Roth and after-tax basis. If you save in the plan, ITW matches your contributions and also makes an automatic contribution to help you reach your retirement goals even faster. 
A sense of mutual respect and mindfulness permeates our culture-in fact, it’s the key to our success.
As a global employer, we are committed to providing market competitive benefits and compensation to attract and retain great talent across our global divisions. We maintain fair labor practices and equitable pay and ensure a work environment that reflects our ITW culture and Core Values everywhere we operate. 

ITW participates in pay gap reporting in compliance with The Equality Act 2010 in the United Kingdom and the Employment Equity Act in Ireland.

UK: 2025 | 2024 | 2023        Ireland: 2025

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