The Michigan Personnel Agencies Bond is required by the Michigan Department of Licensing and Regulatory Affairs in the amount of $10,000 for all who wish to get a personnel agency license in the state. The bond states that the bondholder shall comply with the terms of each and every contract entered into.
There are two types of personnel agency. A type A agency assists clients seeking employment or making basic career decisions, and puts clients in direct contact with employers, and receives a fee from the client for the services rendered. A Type B agency meanwhile, assists or consults with a client to make basic career decisions and receives a fee from the client for the services rendered, which can include resume preparation, personality evaluation testing, letter writing services, or executive counseling. Either of the two must be licensed, but aside from the agency license, they must also have a licensed employment agent or consulting agent before they can operate and offer their services.
All applicants must submit the Personnel Agency License Application form, along with a $70 payment for the application fee.
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.