Geoff H wrote:
At the end of the month if my account is more than $1000 then I get paid. If not, I don't. For people who don't get regular work that can mean that we are owed money but will not receive it because the balance is below $1000.
As you can see from the attached screenshot, you can set your payment threshold from $100, $200, and so on up until $1000+.
Have you been on Upwork this long and didn't know this?
In your payment settings, you can set the $$ minimum for automatic payments. Otherwise, you can manually transfer funds from your account to your bank/card at any $$ amount. :-)
Hey Geoff! Did you get the email this morning? Upwork is reducing the five-day waiting period on payments on hourly contracts, specifically for Top-Rated freelancers:
Looking at my upcoming payments, I don't see it applying to my work completed last week, but I'm betting it will definitely apply to hourly work completed this week. Lena's posts says we'll get a notification that money earned last week will be available for manual withdrawal this Friday, so hopefully I'll see that payment schedule get adjusted.
"For Top Rated agencies and freelancers, the earnings for hours that you worked last week will be available to manually withdraw this Friday. You will see a notification under your bell icon and receive an email about the updated payment schedule for your hourly contracts for this week."
I totally understand that you are trying to see what works BUT, I am still fired and out of money and having to wait for next week with minimal food and money for children and I. We need help even to make clients release funds in 24 hours instead of a week. I would think that wou;d ne easy to do because as I understood they prepaid into the escrow and upwork holds on to for disburment of payments correct? I dont know I just need help!!!!
Unfortunately, I'm not a fan of spreading free money around.
It causes inflation.
Still, an announcement that you are dropping the fee from 20% to 10% for the first $500 would be really cool, and much appreciated!
Such a fee drop would have to be maintained post-COVID, though, cos we won't let you switch it back without making at least some noise about it!
Yeah, would really appreciate if they could drop the service fee to at least 10% from 20%. That would be a big help to our family especially that my husband had been in no work no pay atm