Have you ever noticed that while applying for a job, there is a portion that asks where you are ‘Bondable’ or not? Most people are not aware of what this means. However, it is absolutely important that before you check the box, you know what it means.
Most employers require the people they hire to be bondable. Hence, they ensure that the person applying for the job is ‘Bondable’ even before the process starts.
Many people believe that being bondable has something to do with a criminal record. However, as one of the best criminal defence lawyers in Edmonton, we have decided to clear up this concept once and for all.
What Does Being Bondable Mean?
If you search this question on the internet, you will see many definitions. Some of them are listed below:
- Criminal bonds are a sum that is paid as a form of agreement to entrust that someone will appear in court;
- A relationship created between entities based on mutual interest;
- A legally backed agreement that offers insurance when services are not honoured as promised;
- A connecting force between two objects or surfaces.
However, the bond that we are talking about in this blog post is different from what is mentioned in either of these definitions. The bond that is asked for by employers is akin to the question of insurance. If you are bondable, it means that you can give your company protection in the event that they suffer any loss due to fraudulent behaviour.
The fact that you are bondable shows that you have been respectful towards your previous employers and you will become a risk-free employee who will not create any unnecessary circumstances that require an insurer to pay you out.
Being Bondable On A Job Application
Being bondable when it comes to employment means that you can be ensured by the company that is hiring you. Hence, in case there is an event of theft or loss because of you, the entire amount of loss will be insured and reimbursed to the employer.
Since it is a big deal, it will require several checks. These checks include credit checks as well as background checks. If you have ever been involved in criminal activity, your ability to be bondable will be affected as it will show up in your background check. However, if you have received a pardon or expungement, it will not show up in your background check.
Thus, if you have been convicted for something in the past, make sure you contact professional criminal defence lawyers to help you get an expungement.
Most jobs that deal with money, people, or any kind of information that may be sensitive, require you to be bondable. However, over time, it has been seen that more and more employers are now looking for employees that are bondable.
Is Buying Insurance Akin To Being Bondable?
There is a common misconception that everyone is bondable since they can buy insurance. However, when it comes to being bondable for a job, your previous record plays an important role. If you have a criminal record, you are not bondable.
Are You Eligible To Be Bonded?
Losing the bondable status can happen due to either one of the following reasons:
- Payment delinquencies
- A criminal record
- A poor tax or credit history
Hence, if you don’t have any of these issues, you are very much bondable.
About Slaferek Law
Slaferek law lawyers are highly proficient at strategizing effective defence strategies that can lead to case dismissal, reduced charges, reduced penalties, and more. To get in touch with us today, click here. Our expertise lies in criminal cases and DUI cases.
If you are scrambling with charges or are looking for a good criminal defence lawyer to fight your case, our team of trained lawyers can help you build a strong case. We have successfully closed hundreds of cases pertaining to murder, DUI, financial fraud and more.