Apr 18, 2020 08:12:10 AM by James A
I have a client that I have been working with on and off for about 6 months.
I have earned a TOTAL of $6000 over the past 6 months.
There is the opportunity for me to focus on this client and increase my workload if I am able to work directly with the client so I inquired about the opt out fee.
Upwork replied the opt out fee would be over $18,000 !!!!
How is this crazy figure calculated ? Of course I will never take this opt out and continue to work through upwork as before. Based on the previous 6 months of $6000 that's an average upwork fee of $100 per month. Therefore if I continue at the same rate of work upwork will earn a TOTAL of $2400 or so over the 2 years after which I am free to leave upwork.
The minimum opt out fee is $3500 as stated in the terms.
So if I don't take the increased workload and continue as before upwork will earn $2400 from me
If they want to offer the $3500 opt out then I would consider it. Upwork would earn an ADDITIONAL $1100, but instead they want to try to make $18,000 which will never happen.
As a result everyone will lose out. Why ?
Is there anyone at upwork who is smart and can see the advantage of allowing me to take the $3500 opt out ?
If not then I will just continue as before and upwork will continue to earn a measily $100 a month or so. Everyone loses
May 2, 2022 05:22:41 AM by ROBERT W K
Wow! I checked into the 2-year out. I'm going to do that.
It's surprising that they don't pro-rate that as the 2-year mark approaches.
Regarding the argument in a later note that the cut goes down to 5%, that's only partially true. I believe your customer is also paying a percentage on his end.