Federal Bonding Program
The Purpose of the Federal Bonding Program is:
- To assist ex-offenders and other at-risk persons with questionable
backgrounds secure jobs, which might be denied employment due to their
previous personal or employment history.
- To help protect employers from loss of money or property, due to
dishonest actions of the potential employee.
- The bonding program is a tool for marketing an applicant to prospective employers.
Bonding Program Benefits for the Job Seeker:
- Provides job opportunities to job seekers who have been or may be denied commercial
bonding coverage due to their previous personal or employment history.
- Promotes confidence in a job seeker who needs a break to participate in employment
and needs chance to show that he or she can be a productive worker
- Provides fidelity bond insurance for up to six months for any job seeker with risk factors
- Applies to any job except self-employment
- Bonding coverage is provided at no cost to the job seeker
Who Qualifies for Bonding?
Individuals who are not commercially bondable due to past questionable
behavior which casts doubt upon their credibility or honesty, or who have
committed fraudulent or dishonest acts are eligible. This includes:
- Ex-offenders, including anyone with a record of arrest, conviction or imprisonment.
- Those with a poor financial credit history or who have declared bankruptcy.
- Ex-addicts with history of alcohol or drug abuse.
- Those who have been dishonorably discharged from the Armed Forces.
- Persons lacking a work history from low-income families.
Job Requirements
- The employer must have a specific date set for the applicant to begin work.
- The applicant must be of legal working age.
- The position will be one where the applicant will work at least 30 hours of
steady work per week for period a of six months. Federal taxes must be automatically
deducted from the check.
- Ensure that the job is suitable for the applicant.
Example: An individual convicted of drug abuse, should not be placed where
drugs are readily accessible like a pharmacy or hospital.
- Self-employed and/or franchised individuals are not eligible.
Coverage Process
Visit any Career Central Center or email
FederalBonding@CareerCentral.jobs
to inquire about and/or apply for the bonding program. Eligibility will be
determined and employment information for a bona fide job offer will be
verified, and a bond form completed by an employment counselor at the EC.
A letter will be sent to the employer confirming the bond. The letter includes the
name of the job seeker for whom the bond is being issued, bond effective date,
amount and period of coverage, etc. This letter confirms the bond in advance of
receipt of the actual Fidelity Bond, which is mailed to the employer.
Work Opportunity Tax Credit
The Work Opportunity Tax Credit Program (WOTC) offers private for profit
employers an opportunity to earn a federal income tax credit for hiring
individuals from certain target groups. The program is also designed to
help jobseekers who consistently have a particularly high unemployment
rate, enter employment. By hiring individuals from these targeted groups,
employers can reduce their taxes up to $2,400 or $4,800 during the first
year of employment or up to $9,000 over two years, depending on the
qualified applicant.
The targeted groups are: Qualified Temporary Assistance to Needy Families
Recipients, Qualified Veterans/Disabled Veterans, Qualified Ex-felons,
Designated Community Residents, Vocational Rehabilitation Referrals,
Qualified Summer Youths, Qualified Food Stamp Recipients, Qualified
Supplemental Security Income Recipients and Long-Term Family Assistance
Recipients.
The American Recovery and Reinvestment Act of 2009 expand WOTC to
include two new targeted groups: disconnected youth and unemployed veteran.
WOTC Online Resource Center:
http://www.floridajobs.org/workforce/WOTC_Resources.html
Program Information and Contacts:
http://www.floridajobs.org/workforce/Wotc_info.html