UpWork is a freelancing platform that allows businesses to find and work with freelancers online. businesses can post projects and invite freelancers to submit proposals. Once a proposal is accepted, the freelancer and business can start working together.
There are two types of fees on UpWork:
1. The service fee is a percentage of the total amount paid by the business to the freelancer. The service fee is charged by UpWork and goes towards maintaining the platform and providing support to both businesses and freelancers.
2. The payment processing fee is a small fee charged by UpWork for processing payments made by businesses to freelancers. This fee is separate from the service fee and is paid by the business.
The service fee on UpWork ranges from 5% to 20%, depending on the total amount paid by the business to the freelancer. The payment processing fee is 2.9% + $0.30 per transaction.
While there is no charge for creating a profile or browsing freelancer profiles, Upwork does charge a fee for connecting with a freelancer and for submitting proposals.
The percentage-based fee ranges from 5% to 20% and is based on the total amount paid to the freelancer, including any bonuses or tips.
So, if you’re planning on using Upwork to hire a freelancer, be sure to factor in the Upwork fees when budgeting for your project.
