One of the biggest benefits of working for yourself is the freedom to define what that work looks like - you call the shots, deciding when to work, how to work, and who to work with. The upside of this freedom and flexibility is undeniable; it’s why one in every ten workers is choosing independent work.
But striking out on your own has its downsides — namely, it often lacks the perceived security of “a good job with benefits.” Without things like guaranteed health insurance, paid leave, and retirement savings, independent work can feel risky. Many people end up trading the freedom of solo work to hold on to this kind of security.
But, it’s 2021 and it doesn’t have to be that way.
Self-employed workers can get access to the same kind of benefits that traditional employees enjoy. Creating benefits that stay with the worker — instead of their employer — enables this kind of work to be both flexible and secure. Portable benefits, i.e. those that will travel with you across all your independent gigs, are the way forward.
That’s why we’re excited to announce we’ve partnered with Catch!
A boston-born, Y-combinator-bred start-up with a mission to make independent work better, Catch is the leading portable benefits platform.
Catch offers simple banking integrations that allow you to construct a complete safety net that mirrors the employer-sponsored safety net you’re already familiar with. With tailored recommendations based on where you are now and where you hope to be (e.g. future financial goals), Catch will walk you through setting aside for taxes, enrolling in health and dental insurance, saving towards retirement, and even creating funds to cover time off for holidays, sick days, or gaps in work. With its design and mission, Catch can help you sort out complicated benefit planning and step into the shoes of human resources — all from your smartphone or computer.
Catch is how all independent workers can go from anxious to empowered. At Pangea, we hope to do the same. Find out more about our partnership and get started on benefits here.