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What Is UpWork Conversion Fee?

Last updated on September 29, 2022 @ 9:44 pm

UpWork is a freelancing platform that allows businesses to connect with remote workers from around the world. One of the key features of UpWork is that it allows businesses to set a budget for each project, and then freelancers can bid on the projects that they are interested in. UpWork takes a percentage of the total project budget as a fee, and this is known as the UpWork Conversion Fee.

PRO TIP: If you’re thinking of using Upwork to find freelancers, be aware of the Upwork conversion fee. This is a fee that’s charged by Upwork when you convert a freelancer from hourly to fixed-price. The fee is 20% of the freelancer’s first invoice, so it can add up if you’re not careful.

The UpWork Conversion Fee is charged by UpWork in order to keep the platform running, and to make sure that freelancers are paid for their work. The fee is charged as a percentage of the total project budget, and is typically around 10%. This means that if you are hiring a freelancer for a project that has a budget of $100, you would be charged an additional $10 as a Conversion Fee by UpWork.

The UpWork Conversion Fee is an important part of how the platform works, and helps to ensure that freelancers are paid for their work. If you are hiring a freelancer on UpWork, be sure to factor in the Conversion Fee when setting your budget.

Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.