This bond is required for businesses that help people find jobs in New Jersey. If you run an employment agency that connects job seekers with employers, the state requires you to have this $10,000 bond as part of getting your license. It protects workers and job seekers if your agency breaks the rules, such as chargin…
Overview
What it is.
This bond is required for businesses that help people find jobs in New Jersey. If you run an employment agency that connects job seekers with employers, the state requires you to have this $10,000 bond as part of getting your license. It protects workers and job seekers if your agency breaks the rules, such as chargin…
Who usually needs it
Employment agencies and recruiters in New Jersey who charge a fee to procure employment for job seekers or supply employees to employers must obtain this bond. This includes placement firms, career counseling services, resume services, nurses' registries, temporary staffing agencies, and those who procure engagements for performing artists. The $10,000 bond…
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateNJBond amount$10,000ObligeeState of New JerseyBond classLicense BondCategoryOtherBondEmployment Agency License BondPlain descriptionThis bond is required for businesses that help people find jobs in New Jersey. If you run an employment agency that connects job seekers with employers, the state requires you to have this $10,000 bond as part of gettin…Who needs this bondEmployment agencies and recruiters in New Jersey who charge a fee to procure employment for job seekers or supply employees to employers must obtain this bond. This includes placement firms, career counseling services, …
