State of New Jersey - Temporary Help Service Firm Bond
This bond is required for businesses in New Jersey that provide temporary workers to other companies. It's a $1,000 financial guarantee that ensures these staffing agencies follow state employment laws and treat temporary workers fairly. If the agency violates rules like failing to pay proper wages or withholding empl…
Overview
What it is.
This bond is required for businesses in New Jersey that provide temporary workers to other companies. It's a $1,000 financial guarantee that ensures these staffing agencies follow state employment laws and treat temporary workers fairly. If the agency violates rules like failing to pay proper wages or withholding empl…
Who usually needs it
Temporary help service firms (THSFs) in New Jersey that make designated classification placements (DCPs)—placements of temporary laborers in specific high-risk job categories—must obtain this bond. The bond is required for certification from the Division of Consumer Affairs, with each primary or secondary location requiring its own certification to legally …
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$1,000ObligeeState of New JerseyBond classLicense BondCategoryOtherBondState of New Jersey - Temporary Help Service Firm BondPlain descriptionThis bond is required for businesses in New Jersey that provide temporary workers to other companies. It's a $1,000 financial guarantee that ensures these staffing agencies follow state employment laws and treat tempora…Who needs this bondTemporary help service firms (THSFs) in New Jersey that make designated classification placements (DCPs)—placements of temporary laborers in specific high-risk job categories—must obtain this bond. The bond is required …
