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Upwork to Charge Clients 5%

25 pointsby amqabout 3 years ago
This is an email I got yesterday:<p>We are committed to creating an exceptional experience for our customers, and this means that at times we need to adjust our pricing structures. Monthly subscription fees will be eliminated, and the most popular features of the current Plus plan will be available to you. Marketplace fees will be 5% and eligible ACH payments will be discounted to 3%. These changes [1] will apply to your existing service contracts and will be reflected in your first billing cycle on or after April 28, 2022.<p>Last year, one thing became clear: the world of work has changed forever. To help our customers set up for success in this new world, we released dozens of new features including Project Catalog™, Talent Scout™, and Virtual Talent Bench™, along with productivity enhancements through partnerships with Loom and Zoom. As we look to 2022 and beyond we will continue to evolve our platform with the products, partnerships, and community features that support the new world of work.<p>As always, if you have any questions, our door is open. Please visit our Help Center to review frequently asked questions.<p>[1] https:&#x2F;&#x2F;www.upwork.com&#x2F;legal<p>Note from me: this brings the total upwork fee to:<p>- 25% for contracts under $500<p>- 15% for contracts under $10000<p>- 10% for contracts over $10000

7 comments

jestersonabout 3 years ago
All their &quot;new features&quot; are practically useless. Speaking as a client with many years of using UpWork.<p>Their fees were quite substantial before, but now it&#x27;s more ridiculous. Probably gonna use it only for lead acquisition and move away instantly.
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amqabout 3 years ago
For a bit of context: Upwork (back then known as oDesk) originally had a flat fee of 10% paid by contractors. Around the time they acquired Elance they changed the fee structure to make it 20% for contracts under $500. Now they are adding additional 5% on top paid by clients.<p>Note that a withdrawal to a non-US bank is an additional flat $30.<p>To be fair, until now, Upwork was also charging clients 3% for payment processing, and as far as I understood those will be now included in the 5%.
schappimabout 3 years ago
I predict this will encourage other market places (eg as Fiverr.com) to continue to go up market.
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Gustomaximusabout 3 years ago
Jeez, I was about to put some new projects through Upwork as Informally use Freelancer but wanted to have alt account to widen potential options, bugger that now.<p>Any suggestions&#x2F;experience on best alternatives?
cute_boiabout 3 years ago
I wonder why people would even use upwork for contracts over $10000.
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readonthegoappabout 3 years ago
i hire work from upwork - usually small jobs - couple hundred bucks here and there - sometimes more.<p>not sure what any of their fees are. i prob should start paying attention more.<p>i wonder why they changed the fee structure - if that&#x27;s what happened.
pvaldesabout 3 years ago
I received a &quot;remind-us?&quot; mail from they ten days ago. I suppose that they lose a percentage of freelancers because of the Putin genocide and may be trying to round numbers. Russian freelancers probably can&#x27;t work there anymore (Could be wrong)