The security period could come down. I've never understood why it sits there for five days after the client has released the milestone. In the old days of Elance, this release of funds by the client was seen as immediate authorisation and acknowledgement of work completion and (unless I'm mistaken in my memory) it took mere minutes.
I can only assume Upwork somehow profits from the interest that accrues by keeping our money in an external account as long as possible.
I agree. I remember when Elance released fees immediately. Waiting five days is really a burden, especially as I rely so much on Upwork income. At least reduce it to two or three days.
I'm proposing three steps for helping us.
1. Decrease the job fee to 10%
2. Give proposals free
3. Not calculate this time to job score and Top-rated talent badge
Would be a nice change if the Upwork staff started thinking of us freelancers for once.
Either reduce service fees to 10-5% or give free connects.
Oh , and please reduce the ridiculous amount of time needed to pay us.
Other companies/utilities have moved to eliminate late fees, penalties, etc. Upwork still hasn't taken action beyond discussing reduced payment release times. So what happens when freelancers are forced to stop using the platform because no one can earn anything?
Hayden, you're such a chad. I like you.
I think you should keep it all the same and keep advertising so we can all make $$$$. More advertising to bring clients in and keeping freelance fees the same is my vote.
I will take faster release of my moneys though. That would be rad.