Any company that wants to hire members of a particular union must have signed an agreement with that union. Such agreements typically include a bonding requirement. Requiring an employer to purchase a union bond helps ensure that union members working for the employer receive the wages and benefits that the collective bargaining agreement entitles them to.
Each union imposes its own bonding requirements, and it’s not unusual for larger companies to have collective bargaining agreements with more than one union. In all cases, an employer must have purchased the required union bond before hiring union members. The bond must remain in place for as long as the union’s members are working for the company.
