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Why Is UpWork Fee So High?

Last updated on September 30, 2022 @ 10:25 am

As a freelancer, you’re always looking for ways to maximize your earnings and UpWork seems like a great option. After all, it’s one of the most popular platforms for finding work. But there’s a catch – the fees can be quite high.

UpWork charges a 20% fee for the first $500 that you earn with a client. That drops to 10% for earnings between $500.01 and $10,000, and then 5% for anything over that. So if you’re earning $1,000 per month from a client, UpWork will take $200 as its fee.

While that may not seem like a lot, it can add up quickly – especially if you have multiple clients. And it’s not just the percentage that can be problematic, but also the actual dollar amount.

For example, let’s say you have two clients who each pay you $1,000 per month. UpWork will take $200 from Client A and $50 from Client B – even though you’re earning the same amount from each of them.

So why are the fees so high? Well, UpWork does offer some features that other freelancing platforms don’t – like escrow payments and time tracking. And it’s arguable that those features are worth the fees.

But at the end of the day, it’s up to you to decide whether or not UpWork is worth it. If you’re able to find enough work to offset the fees, then it may be a good option for you. But if not, there are other platforms out there that may be better suited to your needs.

Why Is UpWork Fee So High?

As a freelancer, you’re always looking for ways to maximize your earnings and UpWork seems like a great option.

UpWork charges a 20% fee for the first $500 that you earn with a client.

So if you’re earning $1,000 per month from a client, UpWork will take $200 as its fee.

While that may not seem like a lot, it can add up quickly – especially if you have multiple clients.

PRO TIP: If you are considering using Upwork to find freelance work, be aware that the company charges a fee for nearly every transaction. Upwork takes a 3% fee for every job you are paid through their site, and an additional 2.75% processing fee for each payment you receive. That can add up to a significant amount of money, so make sure you take that into account when quoting your rates.

For example, let’s say you have two clients who each pay you $1,000 per month.

So why are the fees so high? Well, UpWork does offer some features that other freelancing platforms don’t – like escrow payments and time tracking.

And it’s arguable that those features are worth the fees.

But at the end of the day, it’s up to you to decide whether or not UpWork is worth it.

Conclusion

In conclusion, I believe that the fees are high because, as a freelancer myself I understand that we are always looking for ways to maximize our earnings and UpWork offers some great features. I also understand how quickly those fees could add up- especially if we have multiple clients..

Personally I think its worth because of all great things UpWork has to offer. What do y’all think?.

Drew Clemente

Drew Clemente

Devops & Sysadmin engineer. I basically build infrastructure online.