Upwork, formerly Elance-oDesk, is a global freelancing platform where businesses and independent professionals connect and collaborate remotely. Headquartered in Mountain View, California, with offices in Santa Clara and San Francisco, the company was founded in 2015. It is a registered United States company with the Securities and Exchange Commission (SEC) and is publicly traded on the Nasdaq stock exchange.
How Much Does UpWork Take Per Job?
UpWork charges a service fee that is a percentage of the total contract value. The service fee is deducted from each milestone payment or hourly rate payment you make.
For example, if you’re paying a freelancer $20 per hour and you’ve set up hourly payments, UpWork will charge a service fee of $0.40 per hour. If your freelancer completes 10 hours of work, you’ll be charged a total of $4 in service fees ($0.40 x 10 hours).
PRO TIP: Upwork takes a 20% commission on the first $500 you earn with a client, and 10% thereafter. They also charge a 2.75% processing fee on all payments. So if you’re not careful, you could end up paying a significant chunk of your earnings to Upwork.
The service fee percentage varies depending on the amount you pay your freelancer and your membership type. For more information on how much UpWork charges, please see our Pricing & Fees page.
Conclusion:
So in conclusion, UpWork takes a small percentage out of each job in order to keep the site running smoothly for both employers and employees.
6 Related Question Answers Found
Working on UpWork can be a great way to earn some extra money, or even to make a full-time living. But how much can you actually make? It depends on a number of factors, including the type of work you do, your experience, and the clients you work with.
UpWork is a freelancing platform where businesses and individuals can connect to get work done. It is one of the largest freelancing platforms in the world, with over 10 million registered freelancers. When it comes to setting your price on UpWork, there is no one-size-fits-all answer.
As of 2019, the average hourly rate for a Freelancer on UpWork is $21.80. The median hourly rate is $19.50. For those new to freelancing, these rates may seem low.
If you’re looking to make some extra money, or even start a new career, then you may be wondering how much you can earn on UpWork. UpWork is a website that connects freelancers with businesses who need work done. You can sign up for free and create a profile that includes your skills, experience, and samples of your work.
UpWork is a website that connects employers and workers. It is a platform that allows people to find jobs and freelancers to do work for them. UpWork is free to use for both employers and workers.
As a freelancer, one of the most important decisions you’ll make is how much to charge for your services. If you charge too little, you may not be able to make a living. If you charge too much, you may not be able to find clients.