The Federal Bonding Program offers six months of no-cost fidelity bonding coverage to businesses that hire job seekers facing multiple barriers to employment. This hiring incentive reduces employer risk and encourages economic development by supporting the employment of individuals who might otherwise struggle to find work. Services are initiated through local or state bonding coordinators.
Employers hiring eligible job seekers facing multiple barriers to employment are eligible. Job seekers must be referred by local or state bonding coordinators.
