NJ employee leasing bonds.
$3,000 flat. Soft pull.
A New Jersey employee leasing company (PEO) must register with the Department of Labor and Workforce Development and show financial stability — and a surety bond is one accepted way to meet that test. The $100,000 bond is $3,000 flat, 3% of the amount, identical for every PEO. One soft credit pull, e-signed in 1–2 business days.
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Three steps to registered.
Your PEO registration is waiting on this bond. Here's the entire process — no broker phone tag:
Apply once, online
Business details, owner information, and an effective date. The only extra step is a one-time consent to a soft credit pull.
Reviewed & approved
A $100,000 bond gets a real underwriting look; you typically hear back within 48 hours. The credit check is a soft pull that never affects your score.
E-sign & file with the Department
Pay online and receive the executed bond ready to file with your Department of Labor and Workforce Development registration. Wet-ink originals mailed whenever the Department insists.
The whole pricing page.
$100,000 bond × 3% = $3,000, one-time per term. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
An employee leasing company — a PEO — co-employs another business's workers, handling payroll, benefits, and employment taxes. New Jersey requires PEOs to register with the Department of Labor and Workforce Development and demonstrate financial stability so the wages, benefits, and taxes they handle are secure.
Under N.J.S.A. 34:8-70 a leasing company must show a minimum net worth of $100,000 (or positive working capital). When it can't meet that with financial statements alone, the Department accepts a surety bond, letter of credit, or securities in place of the shortfall — and the $100,000 bond is the common figure used to satisfy the requirement.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must stay on file for as long as you rely on it for registration; we track it and notify you 60 and 30 days out so your filing stays continuous.
You need this bond if you're
Five minutes. The whole thing.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
Do I pay the $100,000? +
Who requires this bond? +
Do I have to use a bond? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
The Department is waiting on one document.
$3,000 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.