What Is A Private Employment Agency License Bond?
A private employment agency license bond is a type of insurance that must be purchased by someone who operates this type of agency. A private employment agency is a company that, for profit, assists in helping someone find employment. The agency often matches employees and employers. Examples include a temp agency or a talent agent.
Before private employment agencies purchase a surety bond from an agency, they must submit themselves to a credit check, have their application approved, and go through other screening processes.