UpWork is a freelancing platform where businesses and independent professionals connect and collaborate remotely. As an UpWork user, you can either be a client who posts a job or a freelancer who bids on jobs.
When you’re a client, you’re in charge of managing your own UpWork account. This means that you’re the one who decides how much to pay your freelancer (within the budget you’ve set for the job) and when to release payments.
UpWork does not take a cut of your payments to freelancers.
As a freelancer, you’re in charge of managing your own UpWork account as well. This means that you’re the one who decides how much to charge your clients (within the budget they’ve set for the job) and when to send invoices. UpWork does take a cut of your payments from clients, however. The UpWork fee is 20% for the first $500 that you bill your client (across all invoices).
After that, it’s 10%. So, if you bill a client $1,000 in total, then UpWork will take $200 as its fee. If you bill a client $5,000 in total, then UpWork will take $500 as its fee.
In conclusion, it is important to remember that as a client, you are in charge of managing your own UpWork account and deciding how much to pay your freelancer. However, as a freelancer, you should be aware that UpWork does take a cut of your payments from clients.
The UpWork fee is 20% for the first $500 that you bill your client (across all invoices). After that it’s 10%.