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Federal Bonding Program: A Unique Job Placement Tool

Federal Bonding Program: A Unique Job Placement Tool. What is the Federal Bonding Program?. A business insurance policy that protects the employer in case of any loss of money or property due to employee dishonesty. What makes this program great?.

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Federal Bonding Program: A Unique Job Placement Tool

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  1. Federal Bonding Program:A Unique Job Placement Tool

  2. What is the Federal Bonding Program? • A business insurance policy that protects the employer in case of any loss of money or property due to employee dishonesty

  3. What makes this program great? Informed applicants can market themselves andincreasetheir employment prospects

  4. What does the program not cover? Liability due to poor workmanship Job injuries Work accidents Bail bond Contract bond Performance or license bond

  5. Who does the program help? The Federal Bonding Program is designed to help job applicants with a background that may be a barrier to employment

  6. Who does the program help? Ex-offenders Substance abusers Individuals with poor credit history Military personnel who are dishonorably discharged

  7. Who does the program not help? Contract or 1099 employees The self-employed

  8. Federal Bonding This program helps more than just “ex-offenders”

  9. How is the bond issued? The individual must have a job offer and a job start date

  10. 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

  11. How is the bond issued? • RWB staff must • Enter their telephonenumber and phoneextension on the Bond Certification Form

  12. How is the bond issued? • RWB staff • Compose and mail a letter to the employer

  13. How is the bond issued? • RWB staff must • Enter service code 124 under Activities History

  14. How is the bond issued? • RWB staff must • Enter a case note in the EFM system

  15. What does the employer have to do? There are no papers for the employer to fill out. The employer simply has to give the job seeker a chance

  16. 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

  17. What can we do to make this a success? Know your local operating procedures

  18. Has the Federal Bonding Program been successful? • Over 42,000 applicants have been helped • 99% have proven to be honest employees • Greater variety of jobs and higher wages

  19. Where can I get more information? • 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

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