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Benefits

Benefits

While compensation is an important factor for employees, we believe benefits are just as important. At Lincoln Electric, we understand that benefits can provide peace of mind for you and your family. They are designed to meet both current and future needs.

We offer a Flexible Benefits Program that gives you a comprehensive set of options and the flexibility to choose the type and level of coverage you want. Our coverage includes medical, dental, vision, disability, life insurance, health savings account, flexible spending accounts, and other programs that provide value to our employees.

  • Health & Wellness

    Lincoln Electric offers comprehensive medical, dental, and vision insurance for our employees and their eligible family members. With pre-tax premiums, employees can select the coverage that is best for them.

  • Retirement Programs

    The Company provides a 401k Plan for employees who meet the eligibility requirement.

  • Flexible Spending

    You may contribute pre-tax dollars to pay for eligible medical or dependent care expenses.

  • Life Insurance

    We offer both basic and supplemental life insurance for our employees.

  • Disability Insurance

    We provide disability insurance for employees who need to take time off due to a personal illness or injury.

  • Tuition Reimbursement

    We provide tuition reimbursement to eligible employees who want to further their education in ways that will benefit both themselves and Lincoln Electric.

  • Vacation

    We offer paid vacation to our employees based on tenure with the Company.

  • Profit Sharing

    Eligible employees participate in our profit sharing programs. The payout is based on both company and individual performance.

Additional Benefits

Health Advocate – Designed to assist employees and family members who are enrolled in our medical plans, the Health Advocate assists with resolving inquiries about claims, arranging for specialty care, coordinating care between multiple providers, and more.

Employee Assistance Program – Lincoln Electric employees and their family members have access to the services of an Employee Assistance Program (EAP) to include personal counseling, legal, financial, and child/elder care resources.

Stock Purchase Plan – Lincoln Electric offers a convenient way for employees to become shareholders in the Company without paying any stockbroker’s fees.

Discounts – Lincoln employees are eligible for several discounts, including the purchase of Lincoln Electric products, automobiles through select manufacturers, mobile phone services, computers and accessories, and more.

Disclaimer

The information on this page is meant to serve as a general overview of the benefits offered by Lincoln Electric. Because the availability of benefits may vary based on region, location or company, please ask your recruiter about benefits during the interview process.