How to make money on Upwork

How to make money on Upwork

The pay may not be high, and Upwork takes a cut, but the marketplace is good for connecting with clients and building your portfolio.

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What is Upwork?

Freelancers in industries including writing, graphic design, and web development can find work on Upwork. The website helps with project discovery, client communication, and specialist payment.

If you’re a new freelancer or working in a new field, you can gain valuable experience without ever needing to chill with clients. But the site is full of new workers who are willing to take on work at a lower rate, which can affect your earning potential.

Overall, Upwork makes it easy to find jobs and make more money, but think carefully about which gigs you want to apply to. And check out our guide to managing money as a freelancer on how to handle your newfound income, once it starts rolling in.

Best Upwork Jobs for Beginners to make money on Upwork

How to make money on Upwork

  1. Create a strong and honest profile.
How to make money on Upwork
How to make money on Upwork

Your profile serves the same purpose as a typical resume for potential employers. You can’t get an opportunity without one.

Fill in the type of job you want to do, the specific areas you are skilled in, and your skill level. This is all self-report, so be honest. If you are hired for jobs that you cannot deliver on, your account may be put on hold or closed.

Next, include a headshot and a detailed description of your background. You can include links to portfolios or specific work samples.

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

Upwork will usually approve your profile within 24 hours, assuming your profile is verifiable and valid. Then you can work.

Select a subscription plan.

For freelancers, Upwork offers two membership tiers: Basic and.

• Basic

This plan is free, but you will pay to connect with potential clients. Each “link,” the platform’s internal token that is used to present proposals to clients, costs $0.15 for freelancers on the basic plan. You can roll over up to 140 connections per month.

If someone reaches out to you, you don’t need to use any Connect. The stronger your profile looks, the more likely you are to receive job offers from potential clients. Showcasing your best work or highlighting specific experiences can help you stand out. If you are new to your field, volunteer experience also counts.

Payment protection for hourly and project-based payments is also included in the fundamental plan.

• Plus

This plan is $14.99 per month and includes everything in the basic plan, plus:

  • • Adds 70 per month.
  • • Show how much competitors have bid for a job.
  • • Power to keep income confidential.
  • • Ability to customize your profile URL.
  • • Inactivity never results in a profile being hidden.

Connect with (legitimate) employers.

How to make money on Upwork
How to make money on Upwork

Use your connections to submit suggestions for jobs in your wheelhouse. Proposals should include an introductory letter, your desired fee, and answers to questions posed by the client’s posting. Additionally, you are welcome to send any work samples you deem pertinent.

Before applying for a gig, assess the potential employer’s reputation. Searching for employer news coverage on the Better Business Bureau, Glassdoor and Google are good places to start your research.

The Upwork rating system “allows others to decide if they want to hire you and helps you decide whom you want to work with.”

Like Uber or Lyft, both parties rate each other after the deal is done. Employers are rated on a five-star scale, and their ratings appear on their pages. Your clients’ ratings create your Job Success Score, a percentage displayed on your profile that represents how many gigs were completed to the client’s satisfaction. These ratings help you decide whom you want to work with and let others see if they want to hire you.

Even if everything appears to be in order, keep payments and communication on the website. Documenting behavior on both sides discourages scams, as clients will be held accountable for making dubious payments or job requests or making claims about your work without proof on the site.

Set your price and start working.

Upwork takes a portion of your earnings. The fee structure is a sliding scale based on the time you bill with the client, so the longer you work with the client, the lower the deduction. What you can expect from Upwork:

• 20% of the first $500 that you charge a customer.

10% for total billing with clients between $500.01 and $10,000.

5% for total billing that exceeds $10,000.

You have two payment options: hourly or fixed pricing. Both have the same rates on Upwork.

Your hourly price on Upwork is the price before the service deduction. So if you list a rate of $20 an hour for your first gig, you can expect to make $16 an hour after the 20% fee. Once you’ve billed $500 with that client, the fee will drop to 10% and you’ll earn $18 per hour.

When you negotiate a rate for a fixed-price job, the same idea applies: if you’re being paid $400 for a job, you’ll be paid $320 after a 20% cut. . The cost reduces to 10% once you’ve billed $500 for that client.

Don’t accept an offer of a low-paying job at face value, if one is made to you. Negotiate with the customer to find a fair price.”

If you are approached for a low-paying job for more challenging work, you don’t have to pay for it. Negotiate with the customer to find a fair price.

Hourly plans

All hourly projects are logged in your work diary, which is built into Upwork’s desktop app. With this function turned on, the app will keep a detailed record of your progress on a project. Your time is tracked by the app every 10 billing cycles. Keystrokes, scrolling, clicks, and open windows are all recorded. It also takes a screenshot periodically.

You can also turn WorkDiary on and off at any time and log work manually instead, but using the tool helps you qualify for an Upwork service called Hourly Protection. This service ensures that you are paid for work, and you can prove that you completed it, even if a client refuses.

Fixed price plans

Paying for fixed-price plans is more straightforward. The person or company you contract with must set aside a certain amount when you agree. The employer must also set milestones, which are concrete deliverables on the way to completing the work. Once you hit these checkpoints you are paid with some or all of the deposit, and the rest is paid after everything is done.

Get paid to make money on Upwork.

How to make money on Upwork
How to make money on Upwork

Freelancers on Upwork have safe payment options including PayPal, direct deposit, and wire transfers.

All of your hourly plans are billed weekly. 10 days after the end of the billing period, you will be paid after you and the client have reviewed the work. If a project is abandoned before completion, then hourly security and milestones come into play. Upwork has a dispute process if you feel you haven’t been fairly compensated.

Fixed-price projects start getting paid when you hit agreed-upon milestones. You can initiate a dispute if the client fails to make milestone payments or refuses to pay when you believe the work is complete.

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