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How Does UpWork Fixed-Price Work?

Last updated on September 30, 2022 @ 12:20 pm

UpWork is a website that allows businesses to post projects and freelance professionals to bid on them. Businesses can search for freelancers by skills, location, and other criteria.

Once they find a freelancer they like, they can award the project to them and work with them directly through UpWork.

PRO TIP: If you’re not careful, Upwork’s fixed-price feature can end up costing you more than you bargained for. Here’s how it works: when you post a project, you’ll be asked to set a budget. Once you’ve done that, freelancers will begin bidding on your project. The problem is, Upwork takes a 20% cut of whatever price you end up agreeing on with your freelancer. So if you’re not careful, you could end up paying much more than you originally intended.

UpWork’s fixed-price feature is a great way for businesses to get the results they need without having to worry about hourly billing. With this feature, businesses can post projects and set a budget for them.

Freelancers can then bid on the projects, and the businesses can award the project to the freelancer they feel is the best fit. Once the project is awarded, the freelancer will work on the project until it is completed, and the business will only be charged the amount they set as the budget for the project.

This feature is great for businesses who want to get specific results from their freelancers. It also gives businesses more control over their spending, as they will only be charged for the work that is completed. If you’re looking for a way to get specific results from your freelancers without having to worry about hourly billing, UpWork’s fixed-price feature is a great option.

Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.