Hypertherm Overview

Hypertherm understands there is more to life than work! Our Associates are parents, students, caregivers, community activists, coaches and volunteers. Hypertherm believes there is great importance in providing the support needed to ensure that our Associates maintain a healthy balance between work and life! This is why we offer the following programs:

Hypertherm thinks every company has an obligation to give back to the community. Like many companies, we donate money and products. But we also take that a step further by donating time. Each one of our Associates is given 24 hours of paid community service time each year. Everyone benefits from this model. The Associate who gets to give back, and the nonprofit who receives a helping hand. 

As a company that believes very strongly in Associate development, Hypertherm has a very generous education program. We have an entire team devoted to helping you meet your educational goals, whether you want to improve your communication skills, build leadership skills, or learn a new Microsoft Office platform. We also offer 100% tuition reimbursement. This means that if you want to go back to school to get a degree or advanced degree, Hypertherm will pay for the entire cost of your education.

Hypertherm has an on-site fitness room with exercise equipment that is available to Associates 24/7. In addition, there are exercise classes (aerobics, Pilates, yoga) held at no extra charge for Associates. There are also several Associate sport teams such as basketball, soccer, hockey and biking. The possibilities are endless for any type of activity! Hypertherm has an Associate Assistance Program that is free to Associates and available at all times for help with a wide variety of issues. This advice is completely confidential and is accessible around the clock.

Here at Hypertherm Associates have the option to work a Flex-Schedule. This is Associate directed and arranged on an individual basis so that it can be tailored to meet the needs of the Associate working in the program.

Hypertherm has an on-site wellness center, the H.A.W.C., with a dedicated staff of two, a Registered Nurse and a Nurse Practitioner. They are available to our associates free of charge for maintenance of chronic conditions or diagnosis of acute problems as needed. This is a wonderful option for our associates as they can receive the care they need in a much more timely manner than scheduling a doctor's visit. This saves associates time in their busy day as well as insurance costs for a doctor's visit. All information is confidential and the service is available to associates on all three shifts.

Hypertherm, Inc. offers a very generous package that includes traditional as well as innovative benefits to all associates. The benefits are structured to care for and improve the overall well-being of all participants.

Health Benefits

Medical CoverageHypertherm offers a choice of plans that are customized to meet the needs of its Associates including an OAP and High Deductible plan. Hypertherm offers a three-tier prescription drug plan. Hypertherm’s prescription plan also offers a reduced-cost, mail-order option.

Dental CoverageHypertherm’s partnership with Northeast Delta Dental provides coverage for a broad range of dental services, including orthodontics.

Vision CoverageOur vision plan provides eye examinations, conventional corrective lenses, contact lenses and frames through a nationwide network.

Health and Dependent Reimbursement AccountsAs voluntary Flexible Spending Accounts, these benefits offer the advantage of increasing your take-home pay while also reimbursing you for out-of-pocket health and dependent care expenses.

Retirement Benefits

Hypertherm Stock Ownership PlanAssociates participate in a company sponsored stock ownership plan after one year of service.

Retirement 401K PlanHypertherm sponsors a 401K retirement plan with a matching contribution for all Associates.

Time Off Benefits

Holidays10 paid holidays per year

Earned Time3 weeks annually up to 5 years 4 weeks annually after 5 years 5 weeks annually after 10 years

Community Service TimeHypertherm is committed to making a difference in the community through philanthropic activities. Associates are eligible to use up to 24 paid hours for volunteering after 90 days of service.

Life and Disability Benefits

Life Insurance benefit of one times your annual base earnings. Short Term Disability Long Term Disability Long Term Care Plan

Additional Benefits

Adoption Assistance ProgramHypertherm provides eligible Associates with adoption benefits—including financial reimbursement, paid time off, adoption leave of absence, and resource and referral services.

Paternity5 days of paid time off

EducationAssociates are eligible for Degree Program assistance (dependent on documented criteria) after one year of employment.

Profit SharingDetermined annually based on company’s profitability (Last 5 years average payment = 24% of base pay).