The Federal Bonding Program is an activity that serves as a tool to secure the job placement of ex-offenders and other high-risk applicants. The program; sponsored by the U.S. Department of Labor, issues Fidelity Bonds.
A Fidelity Bond 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.
For additional information about the Federal Bonding Program, please visit the Federal Bonding Program website.
Welfare to Work Tax Credit
Work Opportunity Tax Credit