Federal Bonding Program
The Federal Bonding Program was created as an incentive to employers to hire “at-risk,” hard-to-place job seekers and may provide an employer a business insurance policy that protects an employer against loss of money or property due to employee dishonesty. The bond is good for six months up to the amount of $5,000 at no cost. To request a Federal Bond, the employer must call the Bonding Coordinator on the new employee’s start date. A simple 10-15 minute telephone interview takes place. A confirmation letter is then sent to the company and McLaughlin Company, who issues the bond directly to the employer. For further information please contact the State Bonding Coordinator at 717.787.6915 or 1.800.345.2555.