Federal Bonding Program
Federal Bonding Program - U.S. Department of Labor Initiative
In 1966 the U.S. Department of Labor established The Federal Bonding Program to provide Fidelity Bonds that guarantee honesty for "at-risk," hard-to-place job seekers. This program is a unique tool created to help job applicants in securing and maintaining employment. The bonds cover the first six months of employment and are a form of business insurance policy to protect the employer in the case of any loss of money or property due to employee dishonesty.
The bond is given to the employer free-of-charge, and serves as an incentive to the company to hire a job applicant that is an ex-offender or has some "risk" factors in their personal background. There is no cost to the job applicant or the employer for this program.
The Federal Bonding Program is a partnership between the U. S. Department of Labor and The McLaughlin Company, an insurance brokerage firm, as agent for Travelers Casualty and Surety Company of America. To learn more about the program, click here: http://www.bonds4jobs.com/.
Federal Bonding Program: Answers to Questions About Fidelity Bonding:
GA Department of Labor Federal Bonding Fact Sheet: http://www.dol.state.ga.us/sites/all/files/pdf/forms/dol1073.pdf
Federal Bonding Program Highlights:
The Employment and Training Administration's Federal Bonding Training Video:
Important Contact Information
Office of the Ombudsman
Georgia Department of Corrections
P.O. Box 1529
Forsyth, GA 31029