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How to Make Money on Upwork
By: No Source Posted On: January 17, 2020 View: 32

How to Make Money on Upwork


How Upwork Works


Upwork, a marketplace for freelancers in fields like writing, Web, Mobile & Software Dev, Design & Creative, Writing, Sales & Marketing, Admin Support, Customer Service, Data Science & Analytics, Engineering & Architecture can be a valuable tool to start your career.

With Upwork, businesses and freelancers alike vie for the best service with competitive prices. Both parties offer rates that are attractive to their audience to attract the finest projects and project makers. And to assist users to find what they are looking for, the application has a most robust search engine with a variety of filters to narrow down or to widen the search net.

Furthermore, Upwork ensures their users that they are protected from potential frauds or scams. The application has put in place policies that push for vigilance against potential fake employers or employees to protect the integrity of the site and its legitimate users. That is why those looking for freelancers and jobs on the platform can rest assured that they receive what is due to them.




Upwork Benefits



Punctilious Reviewing & Hiring
Employers want the best freelancers for their projects and that is why Upwork provides a platform for meticulous freelancer search and profile reviewing. The application has features that enable businesses and individual employers to discover the best talent. Plus, employers can further screen candidates by setting up interviews with them. This allows them to verify whether the freelancer indeed has the right set of skills and qualities they are looking for.

Efficient Working Platform
After hiring, employers can get in touch with their freelancers via Upwork’s in-app messaging service. Here, they are able to send and receive files as well as give their feedback on the work done in real time. The platform also supports text and video communications for a more seamless exchange between employer and worker.
Additionally, Upwork also has mobile apps available for Android and iOS devices. With this, employers can get in touch with freelancers, review their work, and pay them on-the-go.

Work Verification
Freelancers are permitted to send billings to employers for every hour they work for hourly contracts. In this case, businesses and entrepreneurs can rest assured they are billed accurately by reviewing the freelancer’s Work Diary. This enables them to review and track billable time and check screenshots of a freelancer’s computer screen for verification. This feature ensures that employers pay only for the work they get and the right hours rendered.

Easy Protected Payments
With Upwork, employers can pay their hired freelancers as soon as the job has been reviewed. They have the ability to pre-fund their accounts to be able to automatically pay for services rendered. But if they prefer to pay through other means, the platform also supports credit cards payments and electronic payment gateway transactions. These options allow them to choose which is more convenient for them for greater financial protection.




Set up a robust — and honest — profile Upwork


Your profile serves the same purpose as a general résumé for prospective employers. You can’t get work without one.

What we wrote in the article about seven steps to start making money online on freelance.

 You can include links to a portfolio or to specific work samples. You can also fill in your education, how many hours per week you can work, location and preferred rate. If you’re not sure what to charge, check out the rates of other freelancers on Upwork who have similar experience.

Assuming everything is verifiable and accurate, Upwork will approve your profile within 24 hours. Then you can get working.




Connect with (legitimate) employers Upwork


Submit proposals for jobs you qualify for with Connects, the platform’s internal tokens. Upwork provides a limited supply of these, so consider carefully which gigs you want to go for. You get 60 Connects per month with a free account. The proposals you submit include an introductory letter, your desired fee and answers to questions the client included in the posting. You can also send examples of any work you think would be relevant.

If someone reaches out to 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. Displaying your best work or highlighting specific experience can help you stand out. If you’re new to your field, volunteer experience counts, too.

Before applying for a gig, get an idea of the potential employer’s reputation. The Better Business Bureau, Glassdoor and a search for news coverage of the employer on Google are good places to start your research.




Set your price and start working Upwork


Upwork’s fee structure is based on how much money you make from each client over time. On the first $500 earned from an individual client, you incur a 20% service charge. Once you reach the $500.01 to $10,000 range, Upwork takes a 10% cut. After that, it’s 5%.

You can get paid in one of two ways: hourly or fixed price. Upwork’s fees are the same for both.

Your hourly rate on Upwork is the price before the service deduction. So if you list a rate of $20 per hour for your first gig, you can expect to earn $16 per hour. When you negotiate a rate for a fixed-price job, the same idea applies; if you’re getting paid $400 for a job, you’ll be paid $320 after the cut.

Payment for fixed-price projects is more straightforward. The person or company contracting you has to set aside a certain amount of money when you make the agreement. The employer must also set milestones, which are concrete deliverables on the way to the finished job. You’re paid with some or all of the deposit once you hit these checkpoints, and the remainder is paid once everything is complete.




Get paid Upwork


All of your hourly projects are billed weekly. You’ll get paid after you and the client review the work, 10 days after the billing period ends. You can get paid through options like direct transfer to your bank or PayPal.

If a project gets dropped before it’s finished, that’s when Hourly Protection and milestones come in handy. If you think you weren’t compensated fairly, Upwork has a dispute process.

For fixed-price projects, you can begin a dispute if the client fails to pay for a milestone or refuses to pay for what you think is completed work. Hourly Protection helps with payment disputes on other projects, as the documentation from your Work Diary can help prove when you were working and what you were working on.

Upwork makes it easier to find jobs and make more money, but think carefully about which gigs you want to apply for.

If you're interested in making money online, check out the list of the best Freelance Platforms that connect clients and freelancers around the world.


Tags:
#earnings for freelancers  # how to earn money at freelance  # make money on freelancer  # Make Money on Upwork 

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With the Internet taking over a large part of our lives, more people are looking to ways to earn money online to increase their financial inflows. The internet offers many opportunities to generate passive income and make money online.