Mar 26, 2019 08:50:31 AM by Kire T
Solved! Go to Solution.
Mar 26, 2019 09:11:13 AM Edited Mar 26, 2019 09:11:57 AM by Petra R
Kire T wrote:
I have made $1k+ on Upwork and they are still charging me 20% in fees when they should only be charging me 10%.
You have made $ 1k - but over 19 jobs with lots of different clients.
As Preston pointed out: The 10% apply once you've made $ 500 with any one client, and only for payments made by that client going forward.
Mar 26, 2019 08:58:50 AM by Preston H
Kire:
It is after earning $500 per client that Upwork's freelancer fees go from 20% to 10%.
Mar 26, 2019 09:00:31 AM by Preston H
re: "Upwork is still taxing me 20%..."
We do not want to use the word "tax" for this.
Upwork does not "tax" freelancers. Taxes are levied by governments.
Upwork collects "fees" on a percentage of freelancer earnings.
Mar 26, 2019 12:05:25 PM by Kire T
It's really the same thing. The only difference is the source. It all equates to money being taken out of your pay. Don't think the terminology matters in that respect.
Mar 26, 2019 09:11:13 AM Edited Mar 26, 2019 09:11:57 AM by Petra R
Kire T wrote:
I have made $1k+ on Upwork and they are still charging me 20% in fees when they should only be charging me 10%.
You have made $ 1k - but over 19 jobs with lots of different clients.
As Preston pointed out: The 10% apply once you've made $ 500 with any one client, and only for payments made by that client going forward.
Mar 26, 2019 12:02:26 PM by Kire T
Okay. I wasn't aware of that as per the descriptions online. Well, that's disappointing.
Mar 27, 2019 10:51:25 AM by Bill H
Kire,
I regret that you are disappointed. You pay nothing until a client gives you money. To pay for a public listing, prospecting, contracting, billing and record keeping costs most small businesses about 25% of revenue. UW's 20% is a bargain.
You raise an interesting point, one that UW should consider once it starts making a profit. The "payments by client" price break for fees makes sense when most jobs are commodity services sold on price. When they are higher value-add, total revenue produced is a better way to set price break points.