Hypertherm expands Community Service Time program to 32 hours of paid time off per year(2)
Hypertherm, manufacturer of plasma, laser, and waterjet cutting systems, announced an expansion of its Community Service Time program for 2017. The company’s CST program will increase from 24 to 32 hours, providing all Associates with an additional eight hours of paid time off each year to volunteer in their community.
Hypertherm envisions the expanded hours will help its Associates dedicate more time to volunteer roles that require a fairly substantial time commitment such as coaching, mentoring, and tutoring. It will also help nonprofits who have trouble finding volunteers able to make a regular weekly or monthly commitment, and nonprofits who need help during non-traditional hours.
“We are excited to offer this expanded benefit to all Hypertherm Associates many of whom already serve in excess of 24 hours a year,” said Jenny Levy, Hypertherm’s vice-president of corporate social responsibility. “By expanding our investment in CST, our hope is more Associates can make recurring volunteer commitments, deepening their effectiveness at the organizations in which they serve.”
Launched in 2003, Hypertherm’s Community Service Time program has grown from an initial 16 hours per Associate, in part because the company has found the program benefits both the community and its Associates who return to work more energized and engaged. In 2016, more than 80 percent of Hypertherm’s global Associate population volunteers, serving an average of 15.5 hours a year. Combined, that amounts to more than 18,000 hours and nearly 100,000 hours since the program’s inception.
Hypertherm’s Community Service Time program is one part of its commitment to Corporate Social Responsibility. In addition to volunteer time, the company also awards thousands of dollars in grants through its HOPE Foundation and has ambitious environmental stewardship goals that include producing more efficient products and zero landfill waste by 2020.
Hypertherm designs and manufactures industrial cutting products for use in a variety of industries such as shipbuilding, manufacturing, and automotive repair. Its product line includes cutting systems, in addition to CNC motion and height controls, CAM nesting software, robotic software and consumables. Hypertherm systems are trusted for performance and reliability that result in increased productivity and profitability for hundreds of thousands of businesses. The company’s reputation for cutting innovation dates back 50 years to 1968, with Hypertherm’s invention of water injection plasma cutting. The 100 percent associate owned company has more than 1,400 associates along with operations and partner representation worldwide.