Professional Employer Organization Bond
Professional Employer Organization bonds are required in the State of Texas for those who own or operate a professional employer organization. The required amount of your bond depends on the number of covered employees your organization currently employs. Covered employees are individuals who have a co-employment relationship with a client and a professional employer organization. If you employ less than 250 covered employees, your posted bond amount must be $50,000. If you have 250 to 750 covered employees, you must post a $75,000 bond. If you have more than 750 covered employees, you must post a bond in the amount of $100,000. Texas professional employer bonds were formerly known as staff leasing service bonds.
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