In 1966 the U.S. Department of Labor established The Federal Bonding Program. The Federal Bonding Program is a partnership between the U. S. Department of Labor and The McLaughlin Company, an insurance brokerage firm, as agent for Travelers Casualty and Surety Company of America. Bonding is a program that employers use to protect themselves from employee theft, what is known as a "fidelity bond."

WHAT ARE THE PROGRAM REQUIREMENTS?

A fidelity bond is not a surety bond; in other words, the fidelity bond insures the employer that you will arrive to work and go home without committing a crime, and if you do decide to go rouge, they're covered.


Have you made a mistake in the past that your not proud of that has prevented you from obtaining employment? You never know, just might qualify for a fidelity bond. But all bonding is not created equal, and what commissions fail to disclose is that not everyone with criminal conviction qualifies for bonding. So if you have a felony conviction, its highly likely you won't get approved.

WHAT THE FIDELITY BOND COVERS? 

The bond usually covers the first 6-months of employment. Although there is not cost to the applicant, the employer remains skeptical. According to Bonds4jobs, 67% of ex-offenders will go back to crime because of unemployment; on the contrary, according to Hirenetwork.org it is said that bonding actually does work, and a proven  99%  success rate.