Federal Bonding Program:A Unique Job Placement Tool

• A business insurance policy that protects the employer in case of any loss of money or property due to employee dishonesty

What is the Federal Bonding Program?

What makes this program great?

• Informed applicants can market themselves and increase their employment prospects

• Liability due to poor workmanship• Job injuries• Work accidents• Bail bond• Contract bond• Performance or license bond

What does the program not cover?

• The Federal Bonding Program is designed to help job applicants with a background that may be a barrier to employment

Who does the program help?

• Ex-offenders• Substance abusers• Individuals with poor credit history• Military personnel who are dishonorably

discharged

Who does the program help?

• Contract or 1099 employees

• The self-employed

Who does the program not help?

Federal Bonding

This program helps more than just “ex-offenders”

• The individual must have a job offer and a job start date

How is the bond issued?

• Regional Workforce Board (RWB) or provider staff– Ensures the individual has a

job offer and a job start date– Fills out the

Bond Certification Form after verifying that the employee has started the job

How is the bond issued?

• RWB staff must– Enter their telephone

number and phone extension on the Bond Certification Form

How is the bond issued?

• RWB staff– Compose and mail a

letter to the employer

How is the bond issued?

• RWB staff must– Enter service code 124 under Activities History

How is the bond issued?

• RWB staff must– Enter a case note in the EFM system

How is the bond issued?

• There are no papers for the employer to fill out. The employer simply has to give the job seeker a chance

What does the employer have to do?

What can we do to make this a success?

• Be informed• Counsel job seekers about

Federal Bonding – Teach job seekers to market

themselves using the Federal Bonding opportunity

What can we do to make this a success?

• Know your local operating procedures

• Over 42,000 applicants have been helped

• 99% have proven to be honest employees

• Greater variety of jobs and higher wages

Has the Federal Bonding Program been successful?

• The United States Department of Labor offers a variety of information– Marketing tools that can be

used by RWBs– Brochures that can be used

by RWBs or printed by job seekers

– Presentations that can be viewed right on-line

Where can I get more information?