Illinois Tool Works Employee Salaries 2026: Average Pay & Compensation
Illinois Tool Works employee salaries are estimated at $127,380 average pay in 2025-2026, with $114,642 median pay and $203,808 average total compensation. Compare Illinois Tool Works employee salaries by role, level, bonus and incentive pay, benefits, and Glenview, IL location context before evaluating an offer.
Average Salary
$127,380
$10,615/mo
Total Compensation
$203,808
base + bonus + equity
Employees
46K
large company
Rating
3.3
★★★☆☆
Direct answer
Illinois Tool Works employee salaries 2025-2026: average pay and compensation
The average salary for Illinois Tool Works employees is estimated at $127,380 in 2025-2026, with median pay of $114,642 and average total compensation of $203,808 when bonus and incentive pay are included. Entry-level roles start around $76,428, senior roles average $203,808, and the highest listed role benchmark is Plant Manager at $146,000.
Reviewed by Harlan Voss · Page reviewed May 26, 2026 · Salary data last updated May 19, 2026. Source basis: modeled Salario role-level estimates, public filings, postings, or salary trackers where cited on this page, and BLS wage baselines for context; this is a planning estimate, not a guaranteed offer or internal HR pay band.
Search intent match
Illinois Tool Works average employee salary, compensation and role pay
These are the four compensation questions people usually compare before applying to Illinois Tool Works: average employee salary, average compensation per employee, salary by role, and salary range by level.
| Search question | 2026 answer | How to use it |
|---|---|---|
| Illinois Tool Works average employee salary 2026 | $127,380 average base salary | Compare against the Manufacturing peer average of $94,110. |
| Illinois Tool Works average compensation per employee | $203,808 average total compensation | Separate base salary from bonus and incentive pay before comparing offers. |
| Illinois Tool Works employee salaries by role | Plant Manager: $146,000 | Operations Manager: $134,000 | Manufacturing Engineer: $115,000 | Use role-specific benchmarks instead of negotiating from the company average alone. |
| Illinois Tool Works salary range 2025-2026 | $76,428 to $203,808 across listed entry-to-senior levels | Adjust for level, team, location, bonus cycle, and Glenview, IL cost context. |
Company-specific pay benchmark
Illinois Tool Works Employee Salaries by Role: 2025-2026 Snapshot
Illinois Tool Works employee salaries average $127,380 base pay and $203,808 average total compensation in this 2025-2026 benchmark. Within Manufacturing, that puts Illinois Tool Works above the peer salary average of $94,110 by +35%. Use this snapshot to compare base salary, bonus potential, senior-level upside, and role-specific pay before accepting or negotiating an offer.
Vs. Manufacturing peers
+35%
peer avg $94,110
Total comp position
+63%
peer avg $124,671
Role pay spread
$38,000
Quality Engineer to Plant Manager
Senior premium
+167%
senior vs entry-level salary
| Negotiation area | Illinois Tool Works benchmark | What to verify |
|---|---|---|
| Base salary | $127,380 average, $114,642 median | Compare the offer against the Manufacturing peer average and your exact role level. |
| Bonus target | 12% target, about $15,286 on average salary | Ask whether the target is guaranteed, discretionary, prorated, or tied to company performance. |
| Equity or incentives | Limited equity signal in this data set | Confirm whether the package uses cash bonus, commissions, profit sharing, or other incentive pay. |
| Location economics | Glenview, IL headquarters, $10,615 monthly average pay | Adjust for state taxes, local taxes, rent, commute cost, hybrid policy, and relocation support. |
Illinois Tool Works Salary by Level
Salary progression from entry-level to director positions at Illinois Tool Works.
Entry-level employees at Illinois Tool Works earn around $76,428, while directors can earn $315,902 or more.
Illinois Tool Works Average Pay by Role
| Role | Base Salary | Est. Total Comp |
|---|---|---|
| Plant Manager | $146,000 | $163,520 |
| Operations Manager | $134,000 | $150,080 |
| Manufacturing Engineer | $115,000 | $128,800 |
| Process Engineer | $111,000 | $124,320 |
| Quality Engineer | $108,000 | $120,960 |
Total compensation estimates include base salary and an average 12% bonus.
Illinois Tool Works Benefits & Perks
Illinois Tool Works Salary Calculator
Select a role and experience level to estimate your salary at Illinois Tool Works.
Mid Career (5-9 yrs)
Estimated Salary at Illinois Tool Works
$121,000
$10,083/month · $58.17/hr
Est. total comp with 12% bonus: $135,520
About Illinois Tool Works
Based in Glenview, IL, Illinois Tool Works is a prominent manufacturing company with approximately 46K employees. The company offers competitive salaries, strong benefits, and career growth opportunities across multiple disciplines.
Headquarters
Glenview, IL
Founded
1912
Industry
Manufacturing
Company Size
large
Employees
46,000
Median Salary
$114,642
Hourly Rate
$61.24/hr
Monthly Pay
$10,615
Illinois Tool Works Estimated Workplace Ratings
Directional estimates from Salario's company dataset, not scores published by Glassdoor or another review site. Compensation and Culture are derived from the overall and work-life balance estimates. Check current employee reviews before relying on them.
3.3
★★★☆☆
Overall Rating
Similar Manufacturing Companies
Methodology & Sources for Illinois Tool Works Salary Data
How we estimate Illinois Tool Works compensation data: The salary figures on this page are modeled planning estimates stored in Salario's static company dataset. They are not a live feed and are not aggregated from individual employee submissions to Salario. Where this page lists specific sources such as SEC filings, official job postings, or public salary trackers, those sources are named with the date they were checked. BLS Occupational Employment and Wage Statistics are linked as occupation-level baseline context, not as Illinois Tool Works-specific data.
- Base salary benchmarks are modeled estimates by role and level. Illinois Tool Works (founded 1912, 46K employees, headquartered in Glenview, IL) is in the Manufacturing sector.
- Total compensation includes base salary, bonus, and where applicable, equity or other long-term incentives. At Illinois Tool Works, bonuses vary by role, level, location, performance cycle, and business division.
- Level mapping normalizes role names across companies (Entry/Junior/Mid/Senior/Lead/Principal/Director) for cross-company comparison.
- Cost-of-living context is not built into these figures; use the cost of living calculator to compare Illinois Tool Works's Glenview, IL pay with other markets.
- Industry comparison on this page compares Illinois Tool Works with other Manufacturing companies in the same Salario dataset; BLS national occupation wages are linked below for independent context.
Authoritative compensation data sources:
- BLS Occupational Employment and Wage Statistics, national salary baselines for Manufacturing
- SEC EDGAR, Company Filings, public company executive compensation in DEF 14A proxies
- BLS Industries at a Glance, Manufacturing, sector employment, wages, productivity
- BLS Employment Cost Index, quarterly compensation trend data
- BLS Quarterly Census of Employment and Wages (QCEW), county-level wage data by industry
- DOL Wage and Hour Division, federal wage compliance and minimum wage
Disclaimer: Illinois Tool Works compensation figures are modeled estimates that reflect general patterns, not guaranteed offers. Actual salaries vary based on level, location, negotiation, performance, and equity vesting. For personalized career advice, consult HR professionals or executive coaches. For job offers, always negotiate based on multiple data points and your unique value.
Reviewed by Harlan Voss · Salary data last updated May 19, 2026 · Page reviewed May 26, 2026 · BLS links point to the latest release on bls.gov
Illinois Tool Works Salary FAQ
What is the average salary at Illinois Tool Works in 2026?
Salario estimates the average salary at Illinois Tool Works at $127,380 per year in 2026. Modeled entry-level pay is around $76,428, and the senior professional benchmark is $203,808. Estimated total compensation including bonuses and other incentive pay is $203,808. These are planning estimates, not official Illinois Tool Works pay bands.
What benefits does Illinois Tool Works offer?
Illinois Tool Works offers a comprehensive benefits package including Health/dental/vision, Financial planning, Employee discounts, and 2 more benefits. Salario models the average bonus at approximately 12% of base salary. Confirm current benefits and bonus eligibility in the written offer.
What are the highest paying roles at Illinois Tool Works?
The highest paying roles at Illinois Tool Works include Plant Manager ($146,000), Operations Manager ($134,000), Manufacturing Engineer ($115,000). Executive-level positions can earn up to $331,188 or more annually.
How does Illinois Tool Works compare to other Manufacturing companies?
Illinois Tool Works has an estimated 3.3/5.0 workplace rating and $127,380 estimated average salary in Salario's company dataset. Compared to peers like General Electric and Caterpillar, it offers above-average compensation in the Manufacturing sector.
Is Illinois Tool Works a good company to work for?
Illinois Tool Works has an estimated 3.3/5.0 overall workplace rating and 3.6/5.0 work-life balance score in Salario's company dataset. These are directional editorial estimates, not scores published by a specific employee-review site, so check current employee reviews before deciding. The estimate suggests mixed workplace sentiment. The company is headquartered in Glenview, IL and was founded in 1912, employing 46K people worldwide.
What is the total compensation at Illinois Tool Works?
Salario estimates total compensation at Illinois Tool Works at $203,808 per year, which includes base salary ($127,380), bonuses (approximately 12% of base), and other incentives. Senior and executive roles can see significantly higher total compensation packages.
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