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Need Budget Calculator

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Active Member
Nileksh D Member Since: Apr 19, 2018
1 of 15

Hi there,

Today one of my client suddenly want to switch from Hourly to Fixed Budget. He was asking me what your fixed budget for this particular task.

 

I am getting stuck at this point because I don't know what Upwork will take charge for particular fixed budget. So I need calculator where I can quick find the correct value for my work.

 

Explaning UI of "Upwork Budget Calculator".

Budget Calculator.png

This is independent UI should be accessible with/without login for freelancer.

 

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Community Guru
Petra R Member Since: Aug 3, 2011
2 of 15

Nileksh D wrote:

I am getting stuck at this point because I don't know what Upwork will take charge for particular fixed budget.


Seriously? It's basically 20% (under 500) or 10% plus $ 50 for anything up to $ 10k. Hardly high maths.

 

It would take a few minutes to create a formula in Excel, or you can use one of the ones already done, such as this one.

 

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Active Member
Nileksh D Member Since: Apr 19, 2018
3 of 15

Why upwork not provide this solution.

I don't want to use any thord party calculator.

I want always be updated rate from Upwork.

I am developer I can create calculator for my use but if Upwork change it's rate then? I am not notify if Upwork change it's rate.

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Community Guru
Petra R Member Since: Aug 3, 2011
4 of 15

Nileksh D wrote:

I am developer I can create calculator for my use but if Upwork change it's rate then? I am not notify if Upwork change it's rate.


Wot? LOL

 

It's also on every proposal. You can access it in 3 mouseclicks. I don't see what your issue is.

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Active Member
Nileksh D Member Since: Apr 19, 2018
5 of 15

Let me explain Smiley Happy

I applied for hourly job. $11.25/hour

Client asked how many hours you will take to finish this job.

I said 12 hours.

After few diccussion client decide, want to go with fixed based badget.

Now I want to tell him the fixed budget price.(Here is the situation when I want to calculate fixed budget price which fit as per my hourly cost).

 

Now, are you getting my point?

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Community Guru
Christine A Member Since: May 4, 2016
6 of 15

What you're looking for is simply called "a calculator", and they're already freely and widely available. (Some of us even learned how to do basic arithmetic without calculators.) Google "calculator", type in number of hours times hourly rate plus 20%. 

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Ace Contributor
Naheed M Member Since: Sep 29, 2020
7 of 15

Hi Nileksh D,

The brief summary of your statement tells that you are in need of a calculator on Upwork platform. It's not a big issue.  The calculation can be done from the calculator of any source, no matter where it is. However, Upwork has noticed your demand and may fulfil it in upcoming time. Moreover, If your buyer asks to turn from the hourly rate to fixed, keep in view how many hours you will take to complete the whole task, multiply total hours with the estimated hourly rate. Add the Upwork commission and your reasonable profit and professionally do settlement with your client. 

Thanks

Naheedmir

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Community Guru
Petra R Member Since: Aug 3, 2011
8 of 15
Nileksh D wrote:

Let me explain Smiley Happy

I applied for hourly job. $11.25/hour

Client asked how many hours you will take to finish this job.

I said 12 hours. Now I want to tell him the fixed budget price.(Here is the situation when I want to calculate fixed budget price which fit as per my hourly cost).


12 x 11.25 = $ 135 of which 27 is fee. How hard can that be?

 

Naheed M wrote:

However, Upwork has noticed your demand and may fulfil it in upcoming time


What in the world are you talking about? 

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Community Guru
Christine A Member Since: May 4, 2016
9 of 15

Naheed M wrote:

Hi Nileksh D,

The brief summary of your statement tells that you are in need of a calculator on Upwork platform. It's not a big issue.  The calculation can be done from the calculator of any source, no matter where it is. However, Upwork has noticed your demand and may fulfil it in upcoming time. Moreover, If your buyer asks to turn from the hourly rate to fixed, keep in view how many hours you will take to complete the whole task, multiply total hours with the estimated hourly rate. Add the Upwork commission and your reasonable profit and professionally do settlement with your client. 

Thanks

Naheedmir


Why do you go around the forum repeating things that others have already said?

 

Highlighted
Community Guru
Jennifer M Member Since: May 17, 2015
10 of 15

lol I love dunking on developers.

 

OP, like for real we know you think this is a brilliant idea, but you should stick to specifications and not think too much. All you gotta do is multiply what you're charging times .8 if it's under $500. If it's over $500 just multiply by .9 and then subtract 50. 

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