Self-Employed Benefits

As an independent contractor, you’ve probably dealt with the headache of small business insurance, most likely to satisfy the terms of a contract. Although the word insurance is often accompanied by a sigh, there are benefits in your small business insurance policy outside of just checking a box in the contract terms. It is important to…

Whether you are contemplating making the leap to independence or are new to the independent workforce, you have likely grappled with how you will manage benefitswithout traditional employment. Health, life, and disability insurance are among the perks of a corporate career. Health Insurance: Group Coverage As a traditional employee, your benefits were through a group plan.…

Even with the flexibility of self-employment, taking maternity leave as an independent professional can be a challenge—both financially and logistically. Not only do you need to plan ahead for your projects, bring in extra help if needed, and set boundaries with your clients, but it’s also important to think ahead to childcare options and set realistic goals…

As an independent professional, the idea of taking parental leave can be scary. Without set guidelines or a reliable paycheck, the prospect of having to budget for time off, set expectations with clients, and work head on projects is daunting. Nevertheless, one of the benefits of running your own business is the freedom to structure…

The decision to start your own business as an independent professional means that you are responsible for ensuring the legal and financial wellbeing of your consultancy. Remember that you are your business—if any legal or financial problems arise that affect your company, they will also affect you directly. It’s important to protect your business against the risk…

For independent consultants, cutting ties with some of the constraints of a corporate workplace can also mean losing some of the perks—including the health benefits offered by many employers. According to our seventh annual State of Independence in America study, independents don’t seem particularly bothered by this fact: 48% of independents feel that independent work is more secure…