For talent, Pangea is available as a free platform. Creating a profile, applying to jobs, and sending invoices are all offered at no cost to the talent on the Explorer plan. Talent also have the option to upgrade their account to the Cosmic subscription plan, which is available for $9.99 per month. This upgrade allows users to directly email companies from their own inbox
Yes, talent is required to be paid through Pangea for the contracts they fulfill on the platform. Pangea facilitates payments between clients and talent, ensuring a secure and transparent payment process. When talent completes a contract and submits an invoice, the payment is processed through the platform, and the funds are transferred directly to the freelancer's account. This system ensures smooth and efficient financial transactions while also allowing Pangea to generate 1099s for talent at the end of the year, simplifying tax reporting for both clients and freelancers.
There are currently hundreds of companies on Pangea today. We are working hard on adding a batch of new companies every week. You can expect our list of companies to grow to the thousands by the end of 2023.
Pangea uses Stripe to help you get paid. When you create an account, we'll walk you through adding all the infomation you need to get paid out directly
Pangea supports payouts to freelancers in 50+ countries, including popular locations like the United States of America, Canada, and the United Kingdom. The platform's cross-border payout capabilities enable efficient and secure financial transactions for talent across various regions, ensuring a global reach for contract-to-hire engagements. For a comprehensive list of supported countries, interested parties can refer to the official documentation provided by Pangea at https://stripe.com/docs/connect/cross-border-payouts.
Transaction Fees: The platform charges a 10% mark-up on the rates of talented freelancers for every contract completed successfully. This fee is added to the talent's rate, and the client is billed accordingly.Subscription Plan: Pangea offers a premium subscription plan called "Cosmic" for talent. Freelancers have the option to upgrade their account to this plan for a monthly fee of $9.99, unlocking additional features and benefits.By leveraging these revenue streams, Pangea sustains its operations, fosters growth, and continuously enhances its platform to deliver exceptional services to both clients and talented professionals.
Pangea does not handle taxes for its users. As a freelancer or client on the platform, you are responsible for managing your own tax obligations in accordance with your local tax laws and regulations.If you are a freelancer and earn more than $600 from contract work on Pangea during a tax year, Pangea will generate a 1099-MISC form for you. However, it is essential to note that Pangea does not provide tax advice. For any specific tax-related questions or concerns, it is recommended to consult with a licensed tax professional who can offer personalized guidance based on your individual circumstances.