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Bounty hunters today, in most states, are licensed and/or registered professionals who play an important role in the bail bond business and therefore in the nation's criminal justice system. Their role is closely monitored by state insurance departments and other licensing authorities.
While some bail bond agents regularly employ bounty hunters, many bounty hunters work as independent contractors who accept assignments on a per-case basis.
In return for their services, bounty hunters typically receive anywhere from 10 percent to 20 percent of the total bail bond. An experienced bounty hunter who works 80 to 150 cases a year can earn anywhere from $50,000 to $80,000 annually.
Alaska does not have provisions regarding bounty hunters.
Bounty hunters in Alaska track and find fugitives throughout the cities, towns and vast remote areas of the state. You can be employed full- or part-time or on a freelance basis by bail bonds agencies, which post bail for arrested individuals under the agreement that they will show up for their court appearances.
Bounty hunters are typically independent contractors paid a commission of the total bail amount that is owed by the fugitive; they provide their own PLI and only get paid if they are able to find the "skip" and bring them in. Bounty hunting is a vestige of common law which was created during the Middle Ages.
In order to be one, you must be a licensed peace officer, a private investigator, or a commissioned security officer. Bounty hunters can work independently for clients and can investigate a number of different situations. In Texas, a bail bondsman can also hire a bounty hunter to track down fugitives who skipped bail.
But while there is a lot of money on the table, payouts tend to remain low, and chances are your average bug bounty hunter is getting paid around $250 for discovering a vulnerability.
Bounty Hunter Salary in Alaska Fairbanks, AK: $63,692 a year on average. Anchorage, AK: between $24, 960 and $92,000 a year.
Since bail enforcement agents are largely self-employed, most bounty hunters do not need a degree to begin working in the field.