Wage And Welfare Bond At USA AMERICAN EAGLE BONDS INSURANCE
- A wage and welfare bond guarantees the due and timely payments and promised benefit packages of union workers. It can be also helpful while negotiating the agreements with other companies. This means the bond is a type of financial assurance, under which if the principal fails to pay union dues for a given time period, the union members can file a claim on the bond and collect their dues, which can be salaries, wages, fringe benefits and/or compensation for services provided by employees represented by the union. For more information about USA AMERICAN EAGLE BONDS INSURANCE AGENCY LLC call @ (480) 471-8466.
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