What is an Employment Agency Bond?
Different rules apply to employment agencies around the country, but the basic rules apply in that a bond is required to make sure that all rules are being followed, taxes being collected and other payments being made.
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Staffing Agency Surety Bond
A staffing agency surety bond is a type of permit and license bond and is required by certain government agencies and municipalities. Businesses within those locations are required to get a license in order to be a staffing agency in that locale.
Employment Agency Bonds
An employment agency can be a business or a person that, for a contingency or flat fee, places persons within a business by people seeking employment. Employees are placed on a permanent or temporary basis. Some people start as temporary and then work their way into permanent employment.
Employment Agency License Bond
The bond ensured that the staffing agency will perform according to the employment agency contract. This contract is between the employment agency and the employee, or can be between the business seeking workers and the staffing agency. The bond guarantees that the staffing agency will abide by the terms of the contract.
Massachusetts Employment Agency Bond
In Massachusetts, a staffing agency needs to get a employment agency bond so that it can be licensed to do business.
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See our License and Permit Bond page for more.
Click here for more on bonds, or here for a freight broker bond