Federal bonding

Some businesses require employees who handle cash or valuables to be bonded. The Employment Security Department’s Fidelity Bonding Pro-gram provides free bonds to workers who are denied coverage from a commercial carrier due to an arrest or conviction, a history of drug or alcohol abuse, poor credit or a dishonorable military discharge. The six-month bonds are issued in increments of $5,000 up to a total of $25,000 (based on the potential loss an employer might incur). Paperwork is minimal for job seekers and employers. Once the bond expires, the employer may purchase continuing coverage by contacting the national bonding program coordinator. Call toll free 800-339-3981 or visit your local WorkSource center for additional information.