Employment Agency Bond

An employment agency bond is a license and permit surety bond required by government entities in order to receive a license in a jurisdiction and provide employment placement services to its citizens. It is also known as a staffing agency bond. An employment agency is any person or for-profit business that, for a fee, brings together employment seekers and those looking for employees. The employment seekers can be those looking for permanent employment, temporary staffing, executive recruitment or home care. The bond guarantees the agency will perform the services agreed upon in the contract between the agency and the employee or employer.