Benefits at Hypertherm



Hypertherm offers an array of traditional benefits as well as added non-traditional benefits.


Our traditional benefits package is the same for every full-time Associate and includes: No-cost life insurance Short-term disability Long-term disability Long-term care plans Associates have a choice of PPO or HMO medical insurance plans as well as two levels of dental insurance. Tuition reimbursement, 401k (with match) and profit sharing are among the most popular Associate benefits.

Hypertherm also offers:

Supplemental life insurance (pre-tax) Dependent life insurance (post-tax) Health care reimbursement accounts (pre-tax) Dependent care reimbursement account (pre-tax)
What makes Hypertherm’s benefits plan unique is the combination of traditional benefits with non-traditional benefits: Associates Assistance Program (AAP) Subsidized in-house cafeteria offering three full meals a day Fitness room with exercise equipment On-site exercise classes at no charge to Associates, Athletic teams (ski, golf, softball, racquetball, basketball and soccer), Membership discounts at area health clubs Discounts from many Upper Valley merchants

“No layoff” guarantee

Hypertherm has a “no layoff” policy that is unique in the cyclical machine tool industry. The company pledges that, unless the very survival of the company is at stake, Associates whose work is satisfactory will not be laid off from their jobs because of economic changes or other factors. Instead, business cycles are accommodated through strategies like overtime and outsourcing. Consequently, Hypertherm has never had a layoff.


Positive work/life balance

Despite its growth over the past years, Hypertherm has maintained a family atmosphere.


Families are not only permitted to work at Hypertherm, but are encouraged to do so. Two dozen married couples are currently employed by the company. Most social events and other Hypertherm- sponsored activities are available to Associate spouses and, where appropriate, to other family members.


Hypertherm also provides “lifestyle training” for third-shift Associates. The program helps them cope with the disruptions that are inherent in working a non-traditional schedule.