
Speaker A
19:20 - 20:05
"The bond covers against loss of money or property due to employee dishonesty through theft, forgery, larceny, or embezzlement. The bond helps build trust between the individual and their potential employer by showing that there is a mechanism in place to cover losses."
“The bond covers against loss of money or property due to employee dishonesty through theft, forgery, larceny, or embezzlement. The bond helps build trust between the individual and their potential employer by showing that there is a mechanism in place to cover losses.”
There is no age restrictions and no one is denied, so this bond covers the employer and does not follow the job seeker and a new bond would be applied for each new employer if needed. The bond covers against loss of money or property due to employee dishonesty through theft, forgery, larceny, or embezzlement. The bond helps build trust between the individual and their potential employer by showing that there is a mechanism in place to cover losses. The person with a justice involved background demonstrates responsibility and willingness to adhere to high standards of behavior. It also signals that the individual is actively working to overcome their past and regain trust in the workforce.
Alaska's 13 job centers offer federal tax credits and fidelity bonding to employers who hire justice-involved workers. The Work Opportunity Tax Credit covers up to 40 percent of first-year wages.
