What is the upwork fee?
Understanding Upwork Fees
Introduction
Upwork is an online platform that enables freelancers from all over the world to connect with clients in need of their specific skills. However, like most job platforms, there is a cost associated with this service. In this case, that cost is an Upwork service fee.
Upwork Fee Structure
-
The standard Upwork service fee is 20% for the first $500 billed with the client.
-
The fee drops to 10% for lifetime billings with the client between $500.01 and $10,000.
-
For lifetime billings with the client that exceed $10,000, the fee is further reduced to just 5%.
Note
Please remember that these percentages are only for Upwork’s service fees. They don’t include additional fees like payment processing fees or any premium Upwork memberships you may opt for.
In Conclusion
While the Upwork service fee may seem high initially, especially for those just starting their freelancing journey, it is important to consider the benefits it provides, such as access to a wide range of potential clients and protection on payments. The fee structure also encourages long-term relationships with clients, as the more you earn from a single client over time, the smaller your Upwork service fee becomes.