Changing Hourly Rate on Upwork

Introduction

Welcome to Upwork! As you evolve and gain experience, it’s common to need to adjust your rates. Setting your prices accurately and accordingly can position you better to achieve your income goals. Here’s a simple guide on how to change your hourly rate on Upwork.

Steps to Change Hourly Rate

1. Log in to your Upwork account
2. Go to the Find Work section
3. From the dropdown menu, select Profile
4. Scroll down to the Hourly Rate section
5. Click on the edit icon (pencil symbol)
6. You can then input your new rate in the provided field
7. Once satisfied, click on the Save button

Points to Note

• Consider your experience: As a rule of thumb, the more experience and expertise you gain, the more your rate can increase.
• Review regularly: It’s wise to regularly review and possibly update your rates, based on your increasing experience/skill set, or market trends.
• Impact on proposals: Remember all new proposals submitted will reflect your new rate. However, existing contracts won’t be affected.

Conclusion

Adjusting your hourly rate is a common practice in freelancing as it reflects your growth and experience. Use this feature as a tool to both showcase your value and reach your income goals. Happy freelancing!