As a freelancer, you are in control of your own earnings on UpWork. You can work as little or as much as you want, and you get to set your own hourly rate or project fee. There are no limits on what you can earn, and your earnings are not based on UpWork’s monthly subscription revenue.
How you get paid is also up to you. You can choose to be paid hourly or by the project, and you can set your own rates. If you’re working hourly, you’ll need to track your time using UpWork’s time tracker.
Once you’ve tracked your hours, you’ll submit a timesheet for approval by your client. Your client will then approve the timesheet and release payment to UpWork, which will then be released to you according to your payment method (direct deposit, PayPal, etc. ).
If you’re working on a project basis, you and your client will agree on a total project fee before work begins. Once the project is completed, you’ll submit a request for payment and your client will approve it.
Payment will then be released to UpWork, which will then be released to you according to your payment method (direct deposit, PayPal, etc.
You can also choose to be paid through UpWork’s Payoneer Escrow service. With Payoneer Escrow, payments are held in escrow until both the freelancer and client are satisfied with the work. Once both parties have approved the work, UpWork releases the payment to the freelancer.
Conclusion:
How Are You Paid on UpWork? You are in control of your own earnings on UpWork as a freelancer. You can work as little or as much as you want, and set your own hourly rate or project fee with no limits on what you can earn. Your earnings are not based on UpWork’s monthly subscription revenue.
You can choose to be paid hourly or by the project, and set your own rates accordingly. If working hourly, time tracking must be done using UpWork’s time tracker with timesheets submitted for approval by the client before payment is released by UpWork according to the freelancer’s chosen payment method (direct deposit, PayPal, etc.). If working on a project basis, both the freelancer and client will agree on a total project fee before work begins with payment released by UpWork upon completion and satisfaction of both parties again according to the freelancer’s chosen payment method (direct deposit, PayPal, etc. Payment may also be made through UpWork’s Payoneer Escrow service which holds payments in escrow until both the freelancer and client are satisfied with the work at which point UpWork releases payment to the freelancer.
When you first start working with a client, you’ll need to agree on a price for your services. Once you’ve agreed on a price, you can begin work.
As you work, you’ll track your time using the Upwork time tracker. This ensures that you and your client are both aware of how much time you’re spending on the project.
At the end of each week, your client will be invoiced for the hours you’ve worked. They have 14 days to pay the invoice.
Once your client pays the invoice, the funds will be released to you. You can then withdraw the funds to your bank account or PayPal account.
Keep in mind that Upwork takes a 20% fee from your earnings if you’re new to the platform. Once you reach $500 in earnings, this fee decreases to 10%.
