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What Is the Fees on UpWork?

Last updated on September 30, 2022 @ 10:22 am

What Is the Fees on UpWork?

UpWork is a freelancing platform that allows businesses to connect with freelancers for a variety of projects. There is a fee associated with using UpWork, which is charged as a percentage of the total project cost.

The fee varies depending on the project type and the freelancer’s level of experience. For example, projects that are considered “hourly” will have a lower percentage fee than those that are considered “fixed-price.” In addition, freelancers who have been verified by UpWork and have a higher level of experience will also have a lower percentage fee.

The UpWork fees are designed to be fair to both businesses and freelancers. The platform takes a percentage of the total project cost so that businesses only pay for the services they receive, and freelancers are compensated for their time and expertise.

UpWork also offers discounts for businesses that prepay for projects, which can help to offset the fees. Overall, the fees associated with using UpWork are reasonable and offer good value for both businesses and freelancers.

PRO TIP: Most freelancers are aware of the 20% Upwork takes from each job. What many don’t know is that there is also a 2.75% processing fee for every contract.

This means that on a $1,000 job, Upwork will take $50 + $27.50 in fees, which is a total of $77.50. That’s almost 8% of the total job!

As a freelancer, it’s important to be aware of all the fees associated with each platform so you can price your services accordingly.

Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.