• Upwork

    Dynamic fees (5%, 10%, 20%) on Upwork

    Upwork has dynamic fees for freelancers: from 20% when you earn less than 500$ with current client and to 5% when an amount of money of all operations between client and freelancer reaches 10000$. In addition, Upwork charges 2.75% from a client, so total fees are: 7.75%, 12.75%, and 22.75%. How are the fees calculated? Amounts and commissions (payments for different projects are added): 20% for the first $500; 10% between $500 and $10000; 5% after $10000.   Example of how much commission you will pay on project with a new client with budget $15000: $500 * 0.2 (20%) = $100 $9500 * 0.1 (10%) = $950 $5000 * 0.05…