Fidelity Bonding is:
- Insurance to protect an employer against employee dishonesty
covers any type of stealing: theft, forgery, larceny, and embezzlement - In effect, a guarantee of worker job honesty
- An incentive to the employer to hire an at-risk applicant
- A unique tool for marketing applicants to employers
- DOES NOT cover “liability” due to poor workmanship, job injuries, work accidents, etc.
- Is NOT a bail bond or court bond needed in adjudication
- Is NOT a bond needed for self-employment (contract bond, license bond or performance bond)
Who is qualified?
- Any at-risk job applicant is eligible for bonding services. including: ex-offenders; ex-addicts (alcohol and/or drugs); welfare recipients and other persons having poor credit poor youth who lack a work history; individuals dishonorably discharged from the military
- Anyone who cannot secure employment without bonding
- All persons bonded must meet the legal working age set by the State in which the job exists
- Self-employed persons are NOT ELIGIBLE for bonding services (bondee must be an employee who earns wages with Federal taxes automatically deducted from paycheck)
- Bonds can be issued to cover already employed workers who need bonding in order to (a) prevent being laid off, or (b) secure promotion to a new job at their company
- Bonding coverage can apply to any job at any employer in any State
How do I apply?
To receive assistance for obtaining this service, visit one of our Career Center locations.