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What is the Federal Bonding Program?
The Federal Bonding Program is a federally funded program
that serves as an incentive to employers to hire high risk special applicant
groups who are not bondable due to a criminal record, history of alcohol
or drug abuse, poor credit, lack of employment history, or dishonorable
discharge. The bond protects employers against employee dishonesty,
theft or embezzlement.
Print a brochure Application Process
The process is easy!
- On behalf of the job applicant, employers can request
Fidelity Bonding by contacting the Bonding Coordinator in the nearest
ESC Workforce Center either by phone or in person.
- Bonding is in effect immediately following the applicant's first day
of work.
- Bond coverage is for up to $5,000 and self terminates in six months.
After six months, if a bond still remains a condition of employment,
employers can purchase bonds through the contracted insurance company.
For general information go to:
www.bonds4jobs.com. |