BLANKET HONESTY BOND
Fidelity bond protecting an employer for all the incurred losses due to employees’ dishonest acts. The maximum amount of coverage is applicable to just one loss regardless of the number of workers involved in the dishonest act. Even if the responsible employee(s) cannot be determined, the employer is still compensated for the losses. Also called commercial blanket bond.
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Skimming is an act used by identity thieves to capture the personal information of an individual through electronic means. A little electronic devi ...
Federal Poverty Level - FPL
The minimum amount of gross income that a family needs for food, clothing, transportation, shelter and other necessities. In the United States, thi ...
Hiring Freeze
A situation where the employer temporarily freezes the hiring of new employees. Hiring freeze is put into place as a cost-saving effort as a result ...
Lump-Sum Payment
Repayment of the total or partial value of an asset by one-time payment. Usually, this is taken instead of recurring payments that would be receive ...
Announcement Date
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