Hypertherm Expands Community Service Time Program to 32 Hours of Paid Time Off Per Year

SINGAPORE – 4 January 2016 – Hypertherm, a U.S. based manufacturer of plasma, laser, and waterjet cutting systems, today announces an expansion of its Community Service Time program for 2017. As of next month, 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. Today, 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 so far this year and nearly 100,000 hours since the program’s inception.