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User: ephraim514

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  1. To get bonded! on What's the Point of IT Certifications? · · Score: 1

    Some certifications will bond you up to a certain amount. So, if you get certified with a company for a certain area of knowledge, this company may bond (insure) you for, let's say, $50,000. When a company hires you, and knows you're bonded for that amount, you're basically insured to do work on something that is worth up to $50,000. If, for example, you accidentally take down the company's network, which costs them $100,000, you're bonded for $50,000 and the company is only liable for the remaining $50,000. In such a case, if the task at hand (done incorrectly) was able to cause $100,000 worth of damage, the employer should have hired someone who was bonded for $100,000, or volunteers to insure the remaining amount.

    Some bigger companies require their employees be bonded to limit liability, and also to evaluate who can work on what projects.

    Bonding also occurs in other trades, for example, electricians, plumbers, etc...