Getting Paid on Upwork: Fixed Price VS Hourly Job Contracts | Upwork Tutorial for Beginners 2023
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- Опубліковано 7 вер 2024
- On Upwork, fixed-price and hourly rates are two different payment options that freelancers and clients can use to pay for and receive payment for work.
With a fixed-price payment, the freelancer and the client agree on a set price for a specific project or task before work begins. This means that the freelancer will be paid a predetermined amount, regardless of how much time they spend working on the project. This can be a good option for clients who want to know exactly how much they will be paying for a project, and for freelancers who are confident in their ability to complete the work within a certain time frame.
With an hourly rate, the freelancer and the client agree on a rate for the freelancer's time, and the freelancer is paid for each hour that they work on the project. This can be a good option for clients who are not sure how long a project will take, or for freelancers who are unsure of how much work will be involved in a project.
Hourly rate payments are tracked using Upwork's time-tracking system, which records the time that the freelancer spends working on the project.
Both fixed-price and hourly rate payments have their own advantages and disadvantages, and the best option will depend on the specific project and the needs of the freelancer and the client.
I hope this helps! Let me know if you have any other questions.
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