Federal bonding fact sheet [Apr. 2014]

What is Federal Bonding?
Federal Bonding provides employers with limited liability coverage at no cost when they hire job applicants who cannot be covered by a commercial bond. A Federal Fidelity Bond from Travelers Insurance is a business policy that insures employers against theft, forgery or embezzlement by the bonded employee.
The bond does not cover liability due to poor workmanship, job injuries or work accidents. The Federal Bonding Program does not provide bail bonds, contract bonds, performance bonds or license bonds for self-employment.
Who is Eligible?
Job applicants who fall into one of the following categories: l Ex-offenders l Recovering substance abusers (alcohol or drugs) l Welfare recipients l People with poor credit histories or who have declared bankruptcy l Economically disadvantaged youth and adults who lack a stable work history l Individuals dishonorably discharged from the military l Anyone who cannot secure employment without bonding services l Employed workers who need bonding to avoid termination or
secure a promotion
Bonds can be issued as soon as the applicant has a job offer and a scheduled start date. Workers must be paid wages with federal taxes automatically deducted from pay; self-employed persons cannot be covered. However, part-time and temporary workers may be eligible.
Over 95% of bonds are issued for $5,000 coverage for a six-month period. Coverage can be increased or extended based on the situation. When the initial bond coverage expires, employers can purchase continued bond coverage from Travelers Insurance.
It's this easy for business!
1. Find a qualified job applicant - Georgia DOL can provide screened referrals if you need help. 2. Once you set a hire date, have the applicant stop by a Georgia DOL Career Center to provide hiring information. 3. Receive a confirmation email from Georgia DOL within 48 hours. 4. Receive the bond within 15 days - it will be effective on the hire date and last 6 months.
Did you know that...
l Federal bonding has helped over 40,000 individuals become employed? l Over 99% of those bonded have proven to be honest employees, resulting in only a 1% default rate? l Georgia DOL career centers are listed on the back of this fact sheet. You may also visit the Federal Bonding Program website at
www.bonds4jobs.com for details.
Federal Bonding is a no cost benefit for employers and job applicants administered by the Georgia Department of Labor. www.gdol.ga.gov
DOL-1073 (R-4/14)

A Middle Georgia business owner's story
Last year T. applied for a job with our family owned and operated plumbing business. He told us he had been in prison but took plumbing courses there and needed a chance. We found out about Federal Bonding from the Georgia Department of Labor. It was easy to get the bond, and T. has been with us for over a year as a plumber's helper. In a few months he'll take the test for a state plumber's license. It's been a positive experience for our 30+ year old business, and I recommend other companies try it. We have trouble finding skilled, reliable workers for construction trades Federal Bonding helped us find the employee we needed.
- Nancy H., plumbing contractor

CITY
ALBANY AMERICUS ATHENS ATLANTA NORTH METRO ATLANTA SOUTH METRO AUGUSTA BAINBRIDGE BLUE RIDGE BRUNSWICK CAIRO CARROLLTON CARTERSVILLE CEDARTOWN CLAYTON COBB/CHEROKEE COLUMBUS CORDELE COVINGTON DALTON DEKALB DOUGLAS DUBLIN EASTMAN

ADDRESS

PHONE

1608 S. Slappey Blvd. 120 W. Church Street

(229) 430-5010
(229) 931-2520

150 Evelyn C. Neely Drive
2943 North Druid Hills Road
2636-14 Martin Luther King, Jr. Drive 601 Greene Street

(706) 583-2550
(404) 679-5200
(404) 699-6900
(706) 721-3131

310 S. Scott Street 946 Appalachian Highway 2517 Tara Lane 225 5th Street, N.E. 275 Northside Drive 19 Felton Place

(229) 248-2618
(706) 632-2033
(912) 264-7244
(229) 377-6526
(770) 836-6668
(770) 387-3760

262 North Park Boulevard
2450 Mt. Zion Pkwy., Bldg. 100 Suite 100, Jonesboro 465 Big Shanty Road, Marietta 700 Veterans Parkway
1205 S. Seventh Street
7249 Industrial Blvd., N.E.
1406 Chattanooga Avenue

(770) 749-2213
(678) 479-5886
(770) 528-6100
(706) 649-7423
(229) 276-2355
(770) 784-2455
(706) 272-2301

3879 Covington Highway, Decatur 70 Lockwood Drive
910 N. Jefferson Street

(404) 298-3970
(912) 389-4254
(478) 275-6525

5016 Park Way

(478) 374-6994

CITY
GAINESVILLE GRIFFIN GWINNETT HABERSHAM HINESVILLE HOUSTON KINGS BAY LAFAYETTE LAGRANGE MACON MILLEDGEVILLE MOULTRIE NEWNAN ROME SAVANNAH STATESBORO THOMASVILLE THOMSON TIFTON TOCCOA VALDOSTA VIDALIA WAYCROSS

ADDRESS

PHONE

2756 Atlanta Highway
1514 Hwy. 16 West
2211 Beaver Ruin Rd., Suite 160, Norcross

(770) 535-5484
(770) 228-7226
(770) 840-2200

215 Hodges Street, Suite 205, Cornelia
740 General Stewart Way Suite 202
96 Cohen Walker Drive, Warner Robins
406 Osborne Street, St. Marys
200 West Villanow Street

(706) 776-0811
(912) 370-2595
(478) 988-7130
(912) 673-6942
(706) 638-5525

1002 Longley Place 3090 Mercer University Drive 156 Roberson Mill Road 220 North Main Street

(706) 845-4000
(478) 751-6164
(478) 445-5465
(229) 891-7147

30 Bledsoe Road 462 Riverside Parkway, N.E.

(770) 254-7220
(706) 295-6051

5520 White Bluff Road 62 Packinghouse Road 403 North Broad Street 232 Main Street 310 South Tift Avenue 37 Foreacre Street 221 South Ashley Street 206 Queen Street, Suite 16 600 Plant Avenue

(912) 356-2773
(912) 681-5156
(229) 225-4033
(706) 595-3665
(229) 386-3322
(706) 282-4514
(229) 333-5211
(912) 538-3231
(912) 285-6105