B.T.U. Re-Entry Ministries - Building Together Universally
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Relationship w/ Employers
Relationship w/ Employers
“A vital resource in the provision of offender job placement services, the Federal Bonding Program has become a critical component of training. “Employers were more willing to hire ex-offenders who are bonded...” “Bonding was the only variable to which the majority of employers (51%) responded favorably. This supports the importance of the Federal Bonding Program to ex-offenders.”
“A vital resource in the provision of offender job placement services, the Federal Bonding Program has become a critical component of training. “Employers were more willing to hire ex-offenders who are bonded...” “Bonding was the only variable to which the majority of employers (51%) responded favorably. This supports the importance of the Federal Bonding Program to ex-offenders.”
Q. WHAT IS THE FEDERAL BONDING PROGRAM?
A. It is a unique tool to help a job applicant get and keep a job. The program
issues Fidelity Bonds, and is sponsored by the U.S. Department of Labor.
Q. WHAT IS A FIDELITY BOND?
A. It is a business insurance policy that protects the employer in case of any loss of money or property due to employee dishonesty. It is like a “guarantee” to the employer that the person hired will be an honest worker. The Fidelity Bonds issued under the Federal Bonding Program are insurance policies
of the Travelers Casualty and Surety Company of America. The McLaughlin Company in Washington, DC, is the agent for Travelers in managing the program nation wide.
Q. HOW DOES THE BOND HELP SOMEONE GET A JOB?
Q. WHAT IS THE FEDERAL BONDING PROGRAM?
A. It is a unique tool to help a job applicant get and keep a job. The program
issues Fidelity Bonds, and is sponsored by the U.S. Department of Labor.
Q. WHAT IS A FIDELITY BOND?
A. It is a business insurance policy that protects the employer in case of any loss of money or property due to employee dishonesty. It is like a “guarantee” to the employer that the person hired will be an honest worker. The Fidelity Bonds issued under the Federal Bonding Program are insurance policies
of the Travelers Casualty and Surety Company of America. The McLaughlin Company in Washington, DC, is the agent for Travelers in managing the program nation wide.
Q. HOW DOES THE BOND HELP SOMEONE GET A JOB?
A. The bond is given to the employer free-of-charge, and serves as an incentive to the company to hire a job applicant who is an ex-offender or has some other “risk” factor in their personal background. The employer is then able to get the worker’s
skills without taking any risk of worker dishonesty on the job.
Q. WHAT EXACTLY DOES THE BOND INSURANCE COVER?
A. It insures the employer for any type of stealing by theft, forgery, larceny or embezzlement. It does not cover liability due to poor workmanship, job injuries or work accidents. It is not a bail bond or court bond for the legal system. It is not a
contract bond, performance bond or license bond sometimes needed to be self-employed.
Q. WHAT RESTRICTIONS EXIST IN THE PROGRAM’S BOND COVERAGE?
A. The worker must meet the State’s legal age for working; there are no age limits. Workers must be paid wages with Federal taxes automatically deducted from pay; self-employed persons cannot be covered.
Q. HOW MUCH BOND INSURANCE COVERAGE WILL BE ISSUED?
A. A total of $5,000 bond coverage is usually issued, with NO DEDUCTIBLE amount of liability for the employer. Larger bond amounts can possibly be issued if the certified agency issuing the bonds has acquired a special bond package and has determined
that larger bond amounts are appropriate.
Q. WHAT DO YOU HAVE TO DO TO GET BONDING SERVICES?
A. The employer or job applicant should contact the nearest State Job Service office or One-Stop Career Center
(call 1-877-US2-JOBS). Call toll free 1-877-US2-JOBS.
A. The bond is given to the employer free-of-charge, and serves as an incentive to the company to hire a job applicant who is an ex-offender or has some other “risk” factor in their personal background. The employer is then able to get the worker’s
skills without taking any risk of worker dishonesty on the job.
Q. WHAT EXACTLY DOES THE BOND INSURANCE COVER?
A. It insures the employer for any type of stealing by theft, forgery, larceny or embezzlement. It does not cover liability due to poor workmanship, job injuries or work accidents. It is not a bail bond or court bond for the legal system. It is not a
contract bond, performance bond or license bond sometimes needed to be self-employed.
Q. WHAT RESTRICTIONS EXIST IN THE PROGRAM’S BOND COVERAGE?
A. The worker must meet the State’s legal age for working; there are no age limits. Workers must be paid wages with Federal taxes automatically deducted from pay; self-employed persons cannot be covered.
Q. HOW MUCH BOND INSURANCE COVERAGE WILL BE ISSUED?
A. A total of $5,000 bond coverage is usually issued, with NO DEDUCTIBLE amount of liability for the employer. Larger bond amounts can possibly be issued if the certified agency issuing the bonds has acquired a special bond package and has determined
that larger bond amounts are appropriate.
Q. WHAT DO YOU HAVE TO DO TO GET BONDING SERVICES?
A. The employer or job applicant should contact the nearest State Job Service office or One-Stop Career Center
(call 1-877-US2-JOBS). Call toll free 1-877-US2-JOBS.