A little something for those always complaining about the "ridiculously long time" it takes to get paid around here:
Lots of other interesting stuff in the source report: https://contentwonk.com/wp-content/uploads/2017/12/2018FreelanceWritersSurveyByContentWonk.pdf
It is interesting, but doesn't surprise me. I think there is an impression that freelancing sites play a bigger role than they do, because they're very visible and have allowed people to enter the freelancing market who didn't know how to get started before. But, freelancing predates platforms by many decades, and a lot of us were making a living this way before freelancing sites existed.
I will be interested to see which direction this trend goes. I can see a possibility both that those getting started on freelancing sites will move away from platforms and the opposite--that experienced freelancers who spend a lot of time hustling for work will embrace platforms. I've been freelancing for 30+ years and just started using Upwork about two years ago, almost by accident, but stayed because it cuts down the time investment in tasks like connecting with new clients and invoicing so much. After two years, about 1/3 of my ongoing clients are from Upwork.
Wassim, obviously the specifics are a bit different...but, given the number of people we see howling in the forums about how Upwork can expect anyone to survive when they have to wait "up to two weeks!!!!!!" to get paid (you know, like virtually every person in the world with a full-time job does), it's informative that among this large group of freelancers, more than half place the average turnaround time at two weeks or more (and more than 20% at more than a month).
@Wassim T wrote:
Having said so, I understand there's some security metrics that Upwork need to take before they allow you to access the money, but I can't understand why they can't take these security metrics from the time the milestone has been funded and not released, because that's when the client's account has been charged anyway. Cheers.
Because the release may not have been done by the person whose payment method it is, might have been done to the wrong person / contract / not by the client / for the wrong amount or dozens of other potential issues which could funnel large or even huge amounts of money irretrievably within literally minutes.
@Wassim T wrote:
Doesn't make sense. The same things you mentioned apply to any other purchase online and on any website.
OK, Wassim. I don't want to start the same old debate over again.
Fact remains that for the time being it is what it is and whether we agree that it makes sense or not, we can take it "as is" or leave it be and go elsewhere.
My other income channels pay out considerably later than after 5 days (Amazon pay royalities at the end of the month following the transaction for example (so at least a month, up to nearly two, after the buyer's card was charged), another pays quarterly) and frankly it makes no difference to me whether the money I withdraw is this week's or last week's. It's all money.
And if I did mind it would still be what it is, as that's what I signed up for.
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