what does it mean on a job application if i have ever been bonded in prior employment?
if i have ever had previous jobs, or whether i've been on salary or what?
- twylafoxLv 41 decade agoFavorite Answer
Okay... A lot of jobs (particularly in the 'skilled trades' department) require the employee to provide a 'bond', generally in the amount of the company's insurance deductible. Essentially, you're putting front the money to cover your employer if you happen to screw up.
All the construction trades, truck drivers, etc all require bonding. I'm sure other careers require it as well, but I'm not privy to a comprehensive list.
- 1 decade ago
In some jobs where you are responsible for a financial loss to your company through your fault, companies have you bonded. They will purchase something like an insurance in case of loss. IE. When you apply for a liquor license, you have to get a $10,000.00 bond with an insurance company. If you go apply for a construction bid on a building that needs repairs, you have to get a bond to ensure against damages to the building.
- Anonymous1 decade ago
WHEN SOMEONE IS " BONDED " ON THEIR JOB , IT IS WHEN YOU ARE ASSIGNED A CERTAIN AMOUNT OF RESPONSIBILITY REGARDING THINGS OF VALUE, SUCH AS MONEY OR EXPENSIVE TOOLS. A " BONDING " COMPANY, WILL INSURE YOU....IN CASE THESE THINGS ARE LOST OR STOLEN WHILE YOU ARE USING THEM , PROVIDED YOU YOURSELF ARE NOT INVOLVED IN ANY ILLEGAL CRIME INVOLVING THE LOSS OF SAID ITEMS .