Sep 14, 2020 10:53:37 AM by Jon M
I haven't worked on upwork since 2016 but logged in today to see what had changed and I noticed that there is a new fee system in place that is sliding.
I'm confused about this. According to the fees it says:
Sep 14, 2020 12:02:08 PM by Phyllis G
$1000
20% of $500 = $100
10% of $500 = $50
$100 + $50 = $150
$150/$1000 = 15%
Sep 14, 2020 12:36:34 PM by Amanda L
Phyllis G wrote:$1000
20% of $500 = $100
10% of $500 = $50
$100 + $50 = $150
$150/$1000 = 15%
Math is hard sometimes.
Sep 14, 2020 12:56:54 PM by Andrei T
Beware of fixed price contracts of exactly $500.00 in value - those are very often a scam!
Clients will ask for free work and will threat with paying you one more dollar just so your fee goes up from 20% to 30%
Sep 14, 2020 01:55:03 PM by Christine A
Jon M wrote:That you will take 20% of my earnings on the first $500Then you will take 10% of my earnings on the next $500For a total of 30%?
They take 20% of the first $500, then it decreases to 10% instead of 20% (not in addition to 20%).
But yes, Elance took a lower percentage, which is probably one of the reasons why they're no longer in business.
Sep 14, 2020 02:12:59 PM Edited Sep 15, 2020 12:42:43 AM by Luce N
Jon M wrote:That seems outrageously high for a company.
I think so too. But I joined Upwork after this change occured and learnt on the forum that many UW users think this is normal, and wonderful, excellent business practice... I don't know if they honestly think so. I just note that these users have been around long enough to pay 10% on most of the jobs thet do. But whenever someone raises this topic, they just start praising UW for what they are doing.
Sep 14, 2020 02:32:01 PM by Phyllis G
Luce N wrote:
Jon M wrote:That seems outrageously high for a company.I think so too. But I joined Upwork after this change occured and learnt on the forum that many UW users think this is normal, and wonderful, excellent business practice... I don't know if they honestly think so. I just note that these users have been around long enough to pay 10% on most of the jobs thet do. But whenever someone raises this topic, they just start praising UP for what they are doing.
Speaking for myself, it's a business decision. "Outrageous" doesn't come into it, nor does "excellent". Upwork creates opportunities for me to connect with clients without spending a dime on marketing, and it takes care of invoicing and collecting payment which saves me both time and money. The fees that are deducted from what clients pay me are a worthwhile investment for me. Not because I've been here so long I never pay 20% any more -- I work for brand-new clients all the time and only some of them hire me for multiple projects. But it's worth it in the long run because some of them become long-term and some bring high-ticket projects. I can see that it might not work well for some freelancers, depending on their particular business models. But I'm always perplexed when people characterize it as somehow inappropriate. It's a business model.
Sep 14, 2020 02:44:26 PM by Amanda L
The length of time you've been on the platform has no relationship to the percentage of fees you pay. I pay 20% on the first $500 just as any other freelancer does. Being an old timer on Upwork or new makes no difference. We all pay the same fees.
Sep 14, 2020 08:43:28 PM by Sarah B
Phyllis G wrote:
Luce N wrote:
Jon M wrote:That seems outrageously high for a company.I think so too. But I joined Upwork after this change occured and learnt on the forum that many UW users think this is normal, and wonderful, excellent business practice... I don't know if they honestly think so. I just note that these users have been around long enough to pay 10% on most of the jobs thet do. But whenever someone raises this topic, they just start praising UP for what they are doing.
Speaking for myself, it's a business decision. "Outrageous" doesn't come into it, nor does "excellent". Upwork creates opportunities for me to connect with clients without spending a dime on marketing, and it takes care of invoicing and collecting payment which saves me both time and money. The fees that are deducted from what clients pay me are a worthwhile investment for me. Not because I've been here so long I never pay 20% any more -- I work for brand-new clients all the time and only some of them hire me for multiple projects. But it's worth it in the long run because some of them become long-term and some bring high-ticket projects. I can see that it might not work well for some freelancers, depending on their particular business models. But I'm always perplexed when people characterize it as somehow inappropriate. It's a business model.
Precisely, Phyllis! I get nightmares thinking about doing all that work myself. 🙂
Sep 14, 2020 08:47:05 PM by Amanda L
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