What Does it Mean to Have an Employee Bonded?

Answer Employee fraud costs businesses $3 billion in profits every year. Embezzlement, forgery and outright theft can disastrously affect a company's bottom line. For this reason, many companies insure th... Read More »

Top Q&A For: What Does it Mean to Have an Employee Bonded

What is a bonded employee?

This usually means the employee has obtain a fidelity bond - usually a guarantee against dishonesty losses such as embezzlement. One caveat though... most fidelity bonds have an arrest and convicti... Read More »

If an employee is terminated due to suspiscion of theft can they still be bonded?

Answer "Suspicion" is not "Conviction". If they did not persue criminal charges and his record is otherwise acceptable. then the answer is Yes. That person can still be bonded.

When starting a small photography business do you need to be bonded and if so how do you go about getting bonded?

Answer If you are starting your own small photography business you shouldn't need to be bonded. When you get larger (if you get large enough) you may wish to consider some sort of professional liab... Read More »

Is the company liable if an employee was asked to take another employee to the hospital and has an accident during the trip?

Answer In General No, The party that caused the accident is liable. However, If You were driving a company provided vehicle a the time of the accident, then the company may have some secondary fin... Read More »