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How Do I Change My Contract From Hourly to Fixed UpWork?

Last updated on September 30, 2022 @ 10:43 pm

As an UpWork freelancer, you have the freedom to choose how you want to be paid for your work. You can be paid hourly or you can choose to set a fixed price for your project.

If you’re not sure which option is best for you, here’s a guide to help you decide.

When choosing how to be paid, there are a few things you should consider. First, think about the scope of your project and how many hours it will take you to complete it.

If your project is small and only requires a few hours of work, then an hourly rate may be the best option. However, if your project is larger or will take more time to complete, then a fixed price may be better.

Another thing to consider is the type of work you’ll be doing. If you’re doing something that is very straightforward and doesn’t require much creativity, then an hourly rate may be fine.

However, if your work is more creative or requires more thought and planning, then a fixed price may be better because it will give you the freedom to do the work the way you want without having to worry about meeting an hourly quota.

PRO TIP: If you are thinking about changing your contract from hourly to fixed on Upwork, there are a few things you should keep in mind. First, hourly contracts are generally more flexible, which means that you can more easily make changes to the scope of work or timeline as needed. Fixed contracts, on the other hand, are more rigid and may be less forgiving if there are changes that need to be made. Second, fixed contracts typically require a higher level of communication and coordination between the freelancer and client in order to ensure that all deliverables are met on time and within budget. As such, it is important to make sure that you are comfortable with the client and have a good working relationship before transitioning to a fixed contract. Finally, keep in mind that once you switch to a fixed contract, you will not be able to go back to an hourly contract for that same project.

Finally, think about your own preferences and working style. If you like the flexibility of being able to work as much or as little as you want, then an hourly rate may be best for you.

On the other hand, if you prefer having a set amount of money coming in every week or month, then a fixed price may be better.

Once you’ve considered all of these factors, you should have a good idea of whether an hourly or fixed price contract is best for you. If you’re still not sure, UpWork has tools that can help you calculate what would work best for your specific project. Ultimately, the decision is up to you and what will work best for your needs.

In conclusion, it really depends on what type of project you are working on as to whether an hourly or fixed contract would work best for you on UpWork. Consider the scope of your project and how many hours it will take to complete when deciding which option would be best suited for billing purposes.

Kathy McFarland

Kathy McFarland

Devops woman in trade, tech explorer and problem navigator.