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Understanding Fidelity Bonds: Quiz and Resource Guide

Welcome to the Mythbuster Pop Quiz on Fidelity Bonds! Test your knowledge and learn about the critical role these bonds play in assuring employers that their employees will act lawfully. A Fidelity Bond is more than just a personal relationship; it's a formal agreement that signifies a commitment to honesty in the workplace. This quiz is designed to clarify misconceptions and provide essential information for job seekers and employers alike. For more resources, visit the provided links to discover more about Fidelity Bonding in Wisconsin and beyond.

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Understanding Fidelity Bonds: Quiz and Resource Guide

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Presentation Transcript

  1. Good Day This is your Mythbuster Pop Quiz ENJOY Click here to begin

  2. What is the purpose of have a Fidelity Bond? A personal relationship that can’t be broken. A verbal binding agreement. Essentially it’s honesty agreement with the employer that guarantees that the employee will not commit any unlawful acts while bonded. All of the above

  3. Right Street Wrong Address A relationship is a close bond between two or more parties but, there’s more to this bond than just the relationship element. Please try again! Go Back

  4. Keep trying the answer’s closer than you think. The Fidelity Bond is an agreement. There’s more than just oral communication. Other actions are involved. Hint: Think commitment. Please try again! Go Back

  5. Correct!!!! Fidelity Bonding in Wisconsin is operated by DWD. Bonds can be issued in amounts of $5,000 and almost all jobs are bondable. It does serve as an honest bet. For more information go to: Wisconsin: http://dwd.wisconsin.gov/bonding/ Federal: http://www.bonds4jobs.com/index.html • For more information about serving ex-offenders, visit • http://www.wisconsinjobcenter.org/exo/ • or, contact Dom Tervalon • george.tervalon@dwd.wisconsin.gov • (608) 267-7259 End Show

  6. Not this time!! Sorry no easy out on this one – Fidelity bonding does serve as an excellent resource for employers. Make sure you enlighten employers regarding the bonds and make sure your job seekers can speak to the point they are bondable. Go Back

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