Hypertherm was honored by the Forbes Magazine America’s Best issue as one of the 500 best midsize employers. The company landed the 30th ranking in the Best Midsize Employers list and ranked second among engineering and manufacturing companies.
Forbes teamed up with market research company Statista to pinpoint the companies liked best by employees. The rankings were divided into two lists: one for large companies with more than 5,000 employees, and another for midsize companies like Hypertherm who employ between 1,000-5,000 people.
Statista surveyed 30,000 Americans working for both large and midsize employers. Surveys were anonymous. Respondents were asked to rate the likelihood of recommending their employer to others, in addition to answering questions related to working conditions, salary, potential for development and company image. Respondents also had the opportunity to nominate organizations in industries outside their own. The final list ranks the employers receiving the most recommendations.
“We are honored by our inclusion on this list of America’s Best Employers for 2018. It’s a testament to the culture created upon our founding 50 years ago and the foresight shown by Founder Dick Couch and his wife and business partner Barbara Couch in supporting our transition to a 100 percent employee owned company,” said Evan Smith, Hypertherm president and CEO. “A highly engaged team of associates, whose belief in shared rewards and a triple-bottom line management approach, is enabling us to bring about positive change, while simultaneously creating shared value for our customers and community.”
Hypertherm’s product line includes cutting systems, CNC motion and height controls, CAM nesting software, robotic software and consumables.
The 100-percent associate owned company has more than 1,400 associates along with operations and partner representation worldwide.