Lincoln Electric Overview

Lincoln Electric Holdings, Inc. is an American multinational and a global manufacturer of welding products, arc welding equipment, welding consumables, plasma and oxy-fuel cutting equipment and robotic welding systems.
The staff at Lincoln Electric come from unusually diverse demographic backgrounds. The company is 17.2% female and 30.4% ethnic minorities. Despite its diversity in other areas, Lincoln Electric employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 90.5%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Lincoln Electric has great employee retention with staff members usually staying with the company for 3.9 years. The average employee at Lincoln Electric makes $41,563 per year. Pay at Lincoln Electric is significantly lower than some of its highest paying competitors, like AMETEK, Donaldson Company, and Parker Hannifin, which pay $56,423, $55,103, and $52,786, respectively.
Based in Cleveland, Ohio, Lincoln Electric is an industry leader with 10,000 employees and an annual revenue of $2.7B.

The Organization’s Mission

We are a global manufacturer and the market leader of the highest quality welding, cutting and joining products. Our enduring passion for the development and application of our technologies allows us to create complete solutions that make our customers more productive and successful. We will distinguish ourselves through an unwavering commitment to our employees and a relentless drive to maximize shareholder value.

Perks of Working at Lincoln Electric

The company offers a Flexible Benefits Program that allows employees to choose from a variety of options. Its coverage includes medical, dental, vision, disability, life insurance, health savings account, etc.

Industry

Manufacturing

Revenue

$2.7B

Employees

10,000

Founded in

1895

Headquarters

Cleveland, OH

Website

www.lincolnelectric.com

Organization Type

Public

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The Team At Lincoln Electric

Key People
  • Chris Mapes (president, chief executive officer)
  • Greg Coleman (Group Leader, Marketing Communications)
  • Kelly Kehn (Director Human Resources)
  • Christopher Mapes (ceo)
The Inside Scoop
Lincoln Electric is a global manufacturer of welding and cutting products, including arc welding power sources, consumable electrodes, fluxes, fume extraction equipment, robotic welding systems; etc. It serves the Heavy Fabrication; Automotive; Pipeline; Offshore; Maintenance and Repair; and other industries. Lincoln Electric operates in almost 20 countries located throughout North America, Asia/Pacific, and Europe.
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The Culture At Lincoln Electric

Information provided by the company
Employees participate in community service projects through organizations such as the Greater Cleveland Food Bank and Greater Cleveland Habitat for Humanity. Every Summer, Lincoln Electric fields sports teams to compete against other companies in the Cleveland Corporate Challenge - and we like to win!
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We offer growth opportunities and competitive compensation and benefits packages.
So, if you are looking for a career, and not just a job; if you value working in an atmosphere that values passion and talent, high personal standards, service excellence, the environment and the community in which we live- LES may be the place for you.
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Lincoln Electric Rankings

Lincoln Electric is ranked #45 on the Best Companies to Work For in Ohio list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Lincoln Electric Salaries

How much does Lincoln Electric pay?
The national average salary for a Lincoln Electric employee in the United States is $41,563 per year. Employees in the top 10 percent can make over $75,000 per year, while employees at the bottom 10 percent earn less than $22,000 per year.
9.2
Salary Score
Average Employee Earnings

Lincoln Electric Salaries By Job Title

While the average employee salary at Lincoln Electric is $41,563, there is a big variation in pay depending on the role. Some of the job titles with high salaries at Lincoln Electric are Software Developer, Project Manager, Mechanical Engineer, and Storage Architect. A worker with the title Software Developer salary at Lincoln Electric can earn an average yearly salary of $82,009. Other roles at Lincoln Electric include Piece Worker and Assembly Line Worker. A Piece Worker at Lincoln Electric earns an average yearly salary of $20,794.

Lincoln Electric Careers

On average, employees at Lincoln Electric stay with the company for 3.9 years. Employees most commonly join Lincoln Electric after leaving Swagelok. When they leave Lincoln Electric, they most frequently get their next job at US Postal Service.

Average Length of Employment

Lincoln Electric

3.9 years
Top Employers Before Lincoln Electric
Swagelok10.6 %
U.S. Navy10.0 %
Walmart10.0 %
US Army9.4 %
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Top Employers After Lincoln Electric
Walmart7.5 %
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Lincoln Electric Financial Performance

9.6
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1895

Organization type

Public

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Lincoln Electric Subsidiaries

Subsidiaries to Lincoln Electric include Rimrock. Employees at the parent company, Lincoln Electric, earn $41,563 whereas employees at Rimrock earn $40,548, on average.
Company
Average Salary
Rimrock
Rimrock
$40,548
$41k

Lincoln Electric Competitors

Competitors of Lincoln Electric include AMETEK, Donaldson Company, and Parker Hannifin. The average salaries at AMETEK rank the highest, with their employees earning an average salary of $56,423 per year. The employees at Donaldson Company earn an average yearly salary of $55,103 per year, and the salaries at Parker Hannifin average $52,786 per year.

Frequently Asked Questions about Lincoln Electric

When was Lincoln Electric founded?

Lincoln Electric was founded in 1895.

How many Employees does Lincoln Electric have?

Lincoln Electric has 10,000 employees.

How much money does Lincoln Electric make?

Lincoln Electric generates $2.7B in revenue.

What industry is Lincoln Electric in?

Lincoln Electric is in the manufacturing industry.

What is Lincoln Electric's mission?

Lincoln Electric's mission statement is "We are a global manufacturer and the market leader of the highest quality welding, cutting and joining products. Our enduring passion for the development and application of our technologies allows us to create complete solutions that make our customers more productive and successful. We will distinguish ourselves through an unwavering commitment to our employees and a relentless drive to maximize shareholder value."

What type of company is Lincoln Electric?

Lincoln Electric is a public company.

Who are Lincoln Electric's competitors?

Lincoln Electric competitors include Hobart Filler Metals, Parker Hannifin, JLG Industries, Rimrock, Wabash National, Airgas Mid South, A. O. Smith, The Manitowoc Company, Case New Holland Industrial, Howard Industries, Donaldson Company, Briggs & Stratton, Hendrickson, Goodman Manufacturing, Rheem Manufacturing, Haworth, AMETEK, Kohler Co., Pentair, Remington Arms.

Who works at Lincoln Electric?

Chris Mapes (president, chief executive officer)

Greg Coleman (Group Leader, Marketing Communications)

Kelly Kehn (Director Human Resources)

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You can find out what it is like to work at Lincoln Electric, also known as LINCOLN ELECTRIC HLDGS INC, Lincoln Electric, Lincoln Electric Holdings Inc, Lincoln Electric Holdings Inc. and Lincoln Electric Holdings, Inc..

Zippia gives an in-depth look into the details of Lincoln Electric, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lincoln Electric. The employee data is based on information from people who have self-reported their past or current employments at Lincoln Electric. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Lincoln Electric and its employees or that of Zippia.