ITW Tax Department - Senior Tax Analyst ITW Employee Review

2.0
Feb 23, 2014
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.

Explore other reviews about ITW

5.0
Jun 12, 2026
Recommend
CEO approval
Business Outlook

Pros

Supportive environment, collaborative, good with students

Cons

Could be better with providing a targeted scope for new interns

3.0
Jun 30, 2026
Recommend
CEO approval
Business Outlook

Pros

Very stable, strong Stock Price, Good people.

Cons

Wages are stagnant, oppertunities are limited by employee age.

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