1-800-233-2258
U.S. Department of Labor’s (USDOL) Federal Bonding Program (FBP) provides fidelity bonds to employers, giving them access to job seekers and opening doors of opportunity where none existed. The FBP:
- Provides access to $5,000‐$25,000 of fidelity bond coverage for an employee’s first six months of employment
- Is not cost‐prohibitive – employers gain access to bonds at no charge
- Protects employers against employee theft, forgery, larceny and embezzlement
- Ensures coverage for any job, in any state, and on or away from the work site. Coverage begins once an applicant receives a job offer
- Supports employees who work full‐ or part‐time and have Federal taxes automatically deducted from their pay. While self‐employed people cannot be covered, temporary employment agencies qualify
- Enables employers to obtain worker skills without taking risk
Attention Employers and Job Seekers – if you are seeking bonding services:
- Contact your State Bonding Coordinator. Find contact information at http://bonds4jobs.com/our‐services/directory. He or she will put you in touch with a local job placement agency or organization responsible for issuing bonds.
- Present a secure job offer to this entity.
- Provide company information and the employee’s name to the job placement agency. The bond will be sent to the employer within 10 business days. The process is as simple as that!
Questions? Contact Tom Villanova at tom@bonds4jobs.com
FBP-At-A-Glance