Even though many may not consider being a bail bondsman a glamorous career, it can be very fulfilling and lucrative for the right individual. Bail agents play a vital role in the criminal justice system where they not only assist law enforcement, but also help criminals get their lives back on track. Despite the known dangers of this occupation, the many benefits tend to outweigh the pitfalls.
One benefit of working as a bail bondsman is the ability to set flexible schedules. Bail bonds is one of few career paths that allow individuals to work as little or as often as they like. Bail bond agents have complete control over what days and what hours they work. As a result, bail bondsmen have the option of working full-time or part-time; many choose to do this for a side income in addition to working a regular full-time job.
Great Income Potential
Although working as a bail bondsman won’t necessarily make you rich, there is great earning potential with this career. For example, an agent working part-time only writing two or three bonds a month may be able to make enough money to replace a modest full-time income. According to the Professional Bail Agents of the United States, the average bond agent makes from $25,000 to $50,000 per year. PBUS also reports that some agents in large cities bring in hundreds of thousands of dollars annually.
Starting out, many bail bond agents learn their jobs by working for an established business. After learning the ropes, bondsmen have the option to start their own bond business. A self-employed bond agent will have complete control over day-to-day operations, including the final say on which bonds to write and which to reject.
Unlike jobs in many other industries, bail bond businesses are tend to be recession-proof. Due to the nature of the work, the need for bail bonds typically increases during recessions, providing the bail bond agent with greater job security. Economic downturn means job losses, which researchers find correlate with higher rates of criminal activity, according to Michael Moyer in “Scientific American.”