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How Much Money Does UpWork Take?

Last updated on September 30, 2022 @ 10:59 am

As one of the largest freelancing platforms, UpWork takes a big cut of every project awarded through their site. How much exactly Well, that depends on the project.

For hourly projects, UpWork charges a 10% fee. So, if you’re awarded an hourly project that pays $10/hour, you’ll actually only receive $9/hour.

For fixed-price projects, UpWork’s fee depends on the project’s total value. For projects worth less than $500, UpWork charges a 20% fee. For projects worth more than $500, UpWork charges a 10% fee.

PRO TIP: If you are thinking about using Upwork to find freelance work, be aware that the company takes a 20% cut of your earnings. That means that if you earn $100 from a client, Upwork will keep $20 and you will get $80. While this fee can be worth it for the convenience and security that Upwork provides, make sure you factor it into your budgeting.

So, if you’re awarded a fixed-price project worth $100, you’ll only receive $80. But if you’re awarded a fixed-price project worth $5,000, you’ll still only pay the 10% fee, meaning you’ll take home $4,500.

In conclusion, UpWork takes a big cut of every project awarded through their site. For hourly projects, they charge a 10% fee.

For fixed-price projects under $500, they charge 20%. And for fixed-price projects over $500, they charge 10%.

Kathy McFarland

Kathy McFarland

Devops woman in trade, tech explorer and problem navigator.