How do I get paid in Upwork

New Freelancers: How To Make Money With Upwork - 2021 - INVEST

What is Upwork?

Upwork, a marketplace for freelancers in fields such as writing, graphic design, and web development, can be a valuable tool to start your career. The website tries to make it easier for professionals to find projects, communicate with employers and get paid.

If you are new to your field, you can gain valuable experience without always having to ignore customers. You may not be earning as much as you expect as the site is full of new workers willing to take on work for a little less wages. With a clear vision of the logistics, you can make this marketplace work for you. How to make money with Upwork.

How to make money with Upwork

1. Establish a robust and honest profile

Your profile serves the same purpose as a general resume for potential employers. You cannot work without a job.

Fill in the type of job you want, the specific areas you are trained in and your expertise. This is all self reported so be honest. If you are hired on jobs that you cannot deliver on, your account may be paused or closed.

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Next, add a headshot and a detailed description of your background. You can add links to a portfolio or specific work samples. You can also state your education, how many hours per week you can work, where and how much you prefer. If you're not sure what fees to charge, check out other Upwork freelancers' pricing with similar experience.

Provided everything is verifiable and accurate, Upwork will approve your profile within 24 hours. Then you can work.

2. Relationship with (legitimate) employers

Submit proposals for jobs for which you qualify for Connects, the platform's internal tokens. Upwork only offers a limited supply of these. So think carefully about which gigs you are aiming for. With a free account you get 60 connects per month. The suggestions you submit include an introductory letter, your desired fee, and answers to questions the customer put in the post. You can also send samples of any work that you think is relevant.

When someone contacts you, you don't have to use any connects. The more robust your profile looks, the more likely you are to receive job offers from potential clients. Showing off your best work or highlighting certain experiences can help you stand out. If you're new to your field, volunteer experience matters too.

Before applying for a gig, familiarize yourself with the potential employer's reputation. The Better Business Bureau, Glassdoor, and a search for employer information on Google are good places to start your research.

Upwork's rating system will help you decide who you really want to work with and let others see if you want to hire you.

Similar to Uber or Lyft, both parties rate each other after the contract is signed. Employers are rated on a five-star scale and their ratings are visible on their pages. The reviews of your customers form your job success factor. This is a percentage shown on your profile that indicates how many gigs were completed to the customer's satisfaction. These reviews will help you decide who you really want to work with and let others see if you want to hire you.

Even if everything goes well, you keep communications and payments within the website. By documenting behavior on both sides, attempted fraud will be rejected, as customers will be held responsible for dubious payment or work inquiries or complaints about their work without evidence on site.

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3. Set your price and start working

Upwork's fee structure is based on how much money you make with each customer over time. There is a 20% service charge on the first $ 500 you receive from a single customer. Once you hit the $ 500.01 to $ 10,000 range, Upwork will be cut by 10%. After that it's 5%.

There are two ways to pay: hourly or fixed price. Upwork fees are the same for both.

Your hourly rate for Upwork is the price before the service deduction. So, if you quote a price of $ 20 an hour for your first gig, you can expect to make $ 16 an hour. If you're negotiating a rate for a fixed price order, the same idea applies. If you get $ 400 for a job, you get paid $ 320 after the cut.

If you feel targeted for a job with a low wage rate, don't take it at face value. Negotiate with the customer to find a price that fits.

If you're applying for a low-paying job for much harder work, you don't have to take it at face value. Negotiate with the customer to find a price that fits.

All hourly projects are logged in your work diary, which is integrated into the Upwork desktop app. When this feature is enabled, the app saves the progress of your project in detail. The app records your time in 10-minute billing cycles. It records keystrokes, scrolling, clicks, and active windows. It also takes a screenshot on a regular basis. You can delete these snapshots before submitting the recording of your time. If you do, you will lose the money you made over that 10 minute period.

"MORE: How can I budget as a freelancer?

You can also activate and deactivate the work diary at any time and log the work manually instead. However, if you do use the tool, you can qualify for an Upwork service called Hourly Protection. This service ensures that you get paid for work that you can prove done, even if a customer turns it down.

Paying for fixed-price projects is less complicated. The person or company that contracts you must provide a certain amount of money when entering into the agreement. The employer must also set milestones that are concrete results on the way to the finished job. After you reach these checkpoints you will be paid part or all of the deposit and the balance will be paid once everything is completed.

4. Be paid

All of your hourly projects are billed weekly. You will be paid 10 days after the end of the billing cycle after you and the customer review the work. You can be paid through options like direct wire transfer to your bank or PayPal.

If a project is deleted before it completes, then hourly protection and milestones come in handy. If you believe that you have not been adequately compensated, Upwork has a litigation process.

On fixed-price projects, you can start an argument if the customer doesn't pay a milestone or refuses to pay for what you think is work completed. Hourly Protection helps with payment disputes on other projects, as the documentation in your work diary can show when you worked and what you were working on.

Upwork makes it easier to find jobs and make more money. However, think carefully about which gigs you want to apply for. Our guide to managing money as a freelancer will give you advice on how to manage your new income once it's up and running.

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