What does it mean when you hire someone and they say they are bonded?
457841
A bond is a form of insurance. If I was a bonded contractor I would have paid a company to insure that I will do a good job. If I do not, the bond would cover the cost of any repairs necessary to bring the job to code.\n\nBe careful, if you are not listed on the bond, you are not covered. It is easy to put "Bonded" on a business card but they may not be. If you hire a "bonded" roofer, or one insured (and you should all ways hire insured contractors) make sure you get a notice of bond, listing you as covered. In the case of an insured contractor, get a certificate of insurance, listing you as a co-insured before you let them or their employees on your property.\n\nRemember, if you hire me to repair your roof and I show up with three men and no insurance, guess who's insurance has to kick in should one of those guys fall off your roof?\n\nCYA!
758807
professional recruiters get payed by the companies that hire the candidate they recommended... They bill your place of business. It's a win/win situation, whereby they find the best man for the job (you) and the company you now work for thanks them by paying their recruitment fee.  The recruitment company does all the "leg work".. they check out all your references, etc. It saves the company you are working for now a consider amount of money. Their fee is well worth it.\n\nTypically, in a contractual agreement, you will need to remain in their employ for a set amount of time. The company I worked for set the time at 90 days.
202711
Did you sign the contract/agreement or it was verbal commitment? Do they have fine print somewhere in this agreement?\nDo you have irrevocalbe protection wording/statement in the text?
157487
hey r u checking on wether we know law or not..Well, i m a law student.\nThe meaning of consideration has been defined in section 2(d) of the Indian contract Act which also specifies that Consideration is one of the essentials of a contract.\nsection 10 states that " An agreement is a contract where it has been entered into by free consent of the parties,competent to contract,with a lawful purpose and for a lawful consideratrion"\nIt is only when a promise is made for something in return that such a promise can be enforced against in a court of law. Subject to certain exceptions, agreements without consideration are void(section 25).\nexceptions:\n1.Agreement made on account of natural love and affection.\n2.Agreemnt to compensate for past voluntary services.\n3. Agreemnt to pay a time-barred debt.\n4.Contract of agency.\n5.A gift actually made n completed.\n\nHope thats enough info.
935575
ok, a wild guess, but if you sign a bond, for that period you are likely to be unilaterally bound in contract for that time, should you break the terms of the bond a sum specified or held as a bond may be payable to the promisee, which if you sign you are personally liable. If you represent a company then the company is liable but not you.
722446
NO!Indeed, it is agaisnt or violating your contract you and him duly signed. Employment contract is a legal paper. He/she should respect your time even you're just an employee. You should communicate with him in a nice and professional way. If you meet both ends, change the contract for adjustment.Be safe!
697661
It depends on what State your in.   The laws vary from State to State.  In most cases, if there is misrepresentation on the employer's part you should be OK.   Signed Contracts are legal and binding.   Why would someone want to force a person to work who does not want to?
867224
It means you hire an accountant. You have some advantages that most people overlook.
687641
may not be fair but them being bonded protects everyone involved.
858826
You will know when they say "Your Hired"
959153
Hello,\n\nMy employer uses Independent Contractors to work on some of our contracts (we also refer to Independent Contractors or 1099s). When we'd like to bring someone on as an IC, I issue a formal agreement between my company and the IC which outlines the relationship of the parties and the rights that each has.\n\nDue to IRS regulations, we have to be very careful to distinguish between an employee and an independent contractor. Were you issued an agreement? If so, that should outline each parties obligations to the other. If you can provide a bit more information as to a possible predicament you may be in, I might be able to help a bit more.
530193
Price per hour is like signing over a blank check.  Contractors can stretch jobs out for months.  It is better to have a well laid contract stating the work to be done, materials that will be used, deadline for completion, and most importantly that the contractor is insured and bonded along with his workers in case of an accident.  If you have a contractor that is not bonded or insured and they or one of their workers are injured on your property they can sue.
258773
Can I work for you?  I hope so, because I can't wait to sue you into the ground.  Without a contract, you open the door to everything and anything someone can dream up.  You're taking an obscene risk not using an employment contract.  Without a contract, it's totally he said-she said, and you have no defense if some claim arises against you.  Contracts aren't "fussy", they simply state the expectations of each party.  They are meant to ensure everyone understands what is required of them.\n\nAnd if someone won't sign a contract with you (assuming it's a reasonable contract), then you don't want them working for you anyway.
692757
You need to know someone that works for the right company, or know someone that knows someone.
164820
Many states require it.  And when you go to get the building permits the township could require a copy.  You might not need to be bonded, but you will need a General Liability policy.
851031
It means they paid you back...but, they paid you too much!  So, you still owe again!!!\n\nI would get with my Accountant or whom ever is paying your taxes and tell them to get on the ball and straighten this thing out... \n\nApparently they are not paying attention if your paying 2 - 3 times what you should be.. Or I would be seeking a different Accountant  PDQ!!!\n\nI wish you well..\n\nJesse
168244
There are insurance companies all over the place that will bond a person.  First of all, what kind of bond are you referring to?  There are several of them.\n\nHere are a couple of links that explain the process:\n\nhttp://www.bondsexpress.com/\nhttp://www.getfreeinsurancequotes.com/applications/app_businessowners.html?gclid=COLvqa_pqoMCFTcjGAodyF5UQA