Federal Bonding Program

Job  Placement Assistance for Florida’s High Risk Job Seekers

What is Federal Bonding?

Some career seekers are considered high risk which hinders their ability to become commercially bonded. The Federal Bonding program assists these career seekers in securing employment by providing employers a free fidelity bond on their behalf. Without this bond, the career seeker’s inability to become bonded by an insurance company decreases the chances of them obtaining a job .

What is a Fidelity Bond?

A fidelity bond is an insurance policy that many employers obtain to protect their business against losses that occur as a result of fraudulent acts by dishonest employees.

Fidelity Bond Amounts

Fidelity bonds are issued in increments of $5,000.

What type of backgrounds make a career seeker high risk?

  • Poor credit history
  • Criminal background
  • Lack of work history
  • Substance abuse background
  • Dishonorable discharge from military

All career seekers are eligible for the Federal Bonding Program. Although the program is primarily for high risk career seekers, anyone who has a job offer from an employer can become bonded.

What are the steps to becoming bonded?

  1. Visit your local CareerSource Research Coast Career Center and inform the career center staff of your interest in becoming bonded through the Federal Bonding Program.
  2. Follow the instructions given to you by the career center staff.
  3. Obtain a job offer from an employer (the bonding process begins after a job offer has been made to you).
  4. Return to the career center to present the job offer.
  5. Career center staff will begin the bonding process by completing the bonding forms.
  6. Career center staff will mail the appropriate forms to DEO and to your employer.
  7. DEO will process the bonding form and mail it to the bonding insurance company.
  8. Your employer will receive bonding confirmation from the bonding insurance company within 3 weeks.
Download the Federal Bonding Flyer Here