Nov 8, 2013 02:20:19 AMEditedOct 30, 2014 03:56:28 PMbyBojana D
Because perhaps oDesk has finally decided to put some limits on the race to the bottom? Wouldn't know, I don't bid in that spectrum to see if there are changes.
And why don't you apply with $4? Will it be worse for you if you earned $3.6/hour instead of the $0.56/hr you charged for the last project?
Nov 8, 2013 10:01:42 AMEditedOct 30, 2014 03:56:32 PMbyMarie A
No O desk hasn't decided to put any limit "on the race to the bottom" in your words. After all this is a free world if there are clients who are willing to pay 1$ or 0.56$ per hour which is something better than nothing and there are contractors who are willing to work at that rate then surely o desk should allow it.
Nov 8, 2013 11:53:19 AMEditedOct 30, 2014 03:56:33 PMbyMaria F
What do you think would happen if the clients were not able to post jobs under a certain budget? Do you think they would go away? To where? oDesk is the only remaining marketplace where there is no bottom budget. It is still the lowest limit.
But take it from somebody who is also an employer (though not on oDesk anymore): only clients who are 2-3 tier of reselling or scamers are limiting their data entry budget. And those rarely pay anyway...so if they leave, good riddance.
For the rest, it is more important to get the job done than to maximize profit. Sure, if they are offered a lower budget they are not idiots to reject it. So the ones driving the prices down on real jobs are not the clients. They are the contractors.
I am glad that oDesk finally understood that a limit is good both in terms of income as it is in terms of protection.
And no, they must absolutely not allow it any price. Every single minute of work, every single job costs them something in terms of personnel, servers, bandwidth, fraud prevention, fraud itself, Visa&MC penalties on charge backs, etc. So it makes total sense to want to at least break even on as all of the minutes/jobs. This is how you maximize profit. Not by chasing quantity, when it's a quantity of crap. The quality of clients matters.
Nov 8, 2013 04:58:31 PMEditedOct 30, 2014 03:56:36 PMbyJuliette R
Thank you Maria!! You've managed to perfectly summarize the problem. Everyone always talks about offer and demand as though this is the only aspect of freelancing and the logical outcome of a site such as oDesk. But your comment really hits the nail on the head!
Maximizing profit is the name of the game! And I am also glad to see that oDesk seems to have understood that they are loosing big paying clients who have clearly, and everyone has noticed this, deserted this site. Many clients admit on other forums not wanting to go through oDesk anymore for the exact same reasons Maria has stated above.
Nothing stops cheap biding freelancers to prospect with their own means at the rates they wish to sell their services. But oh let me guess, this requires investment doesn't it? Nevertheless this is indeed the freedom they have. This said, oDesk has no obligation to support this trend and act as a cheap prospecting solution. Especially if it isn't profitable for them on the long run. But I am perfectly sure that many of these contractors will complain since that is really all they have to offer.
So yes I agree completely: the quality of clients does matter!
Nov 8, 2013 06:20:52 PMEditedOct 30, 2014 03:56:38 PMbyMarie A
Of course if this feature is implemented for both the client and the freelancer then it would be really good for the whole O desk community. But unfortunately o desk has selected me and a few unfortunate freelancers to test this feature on. I think that's unfair. Why don't they test this feature on the whole O desk community? For a small period of time to check out if it work's. Then get the feedback of the clients as well as the freelancers and implement it.
Nov 11, 2013 10:25:51 AMEditedOct 30, 2014 03:56:45 PMbyAyesha S
We are constantly testing different levers to increase the efficiency of the oDesk marketplace to ensure clients are finding the freelancers they need and freelancers are getting the jobs that they are best suited for. We have several tests running to understand what impact a minimum wage would have on the marketplace. As this is a complex area, we expect to run these tests in the marketplace for a significant time period. However we are not currently implementing a universal minimum wage.
Hope this helps!
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