Bondable (as it relates to employment) means one’s ability to be insured by the hiring company, so that in the event of theft or loss by the employee the company is insured for the value of the loss. The process requires several checks, namely background (criminal record) and credit checks.
A company who is looking to hire in various departments will usually ask if the candidate is bondable. They may also ask, “Have you ever been bonded?” or “Can you be bonded?” Jobs include:
You may have heard that everyone is bondable because everyone can buy insurance at some price point. However, the definition of bondable for a job means that you don’t have a criminal record. This list shows the extreme diversity of employers that are concerned about whether or not you’re bondable. What does not bondable mean? It means they would have to pay more if they hired you.
Being bondable is increasingly becoming a requirement when applying for jobs. This follows on the increasing use of criminal record checks by employers in all industries throughout Canada. Another, more discreet reason for asking the question is a result of limits placed on the employer regarding asking questions in regards to criminal records. If you have any sort of criminal record, you must answer “No” to the question of “are you bondable”. This is because when the company who hires you tries to get you bonded the insuring company will complete a Canadian criminal record check. If a criminal record comes back with any prior conviction you will be declined the bond and will probably face repercussions from the employer.
Start by checking your eligibility.
