How Do Clients Pay For Hourly Work On Upwork? (What You Need To Know)

There are two ways to get paid on Upwork. One being hourly and the other being a project price. As a client, you may be wondering how you will be charged for hourly work on the site.

In this blog post, we will get into the nitty gritty of how hourly billing works on Upwork so that you can make the best decision for your business.

Short Answer To The Question How Do Clients Pay for Hourly work On Upwork:

Normally when working on hourly jobs, you enter your hours via the Upwork work diary. All you have to do is download the desktop app, which automatically tracks your time. Your client will be automatically charged at the end of each week for the hours you’ve worked.

If it happens to be that you can’t download the hour tracker app, you can still enter your hours manually. Your client will be billed based on the time you entered into the work diary.

Just make sure the client says you can enter it manually because some clients may have a different preference.

How Long Does It Take For Your Money To Finalize?

After the workweek is complete, clients have five days to review the work and approve the hours. If a client does not approve the work, they have the option to request changes.

Once the client approves the work, the funds will appear as “pending” in your account. The funds will remain pending as a security hold for five days.

Once payment is made you can withdraw your money yourself or leave it for automatic withdrawals.

Keep in mind your balance has to be over $100 to get automatic payments and that payments are made twice per month.

What Is Better Fixed Or Hourly Rate On Upwork?

It all depends on a freelancer to freelancer basis. A fixed rate can be more beneficial for some freelancers because it guarantees them a set income per hour. It takes away the thinking of tracking the hours put in and wondering how long the project will take.

On the other hand, sometimes people undermine how many hours they will work and end up overworking and not earning as much as they would have with an hourly rate.

How Should You Go About Figuring Our Your Hourly Rate For Upwork?

Your hourly rate on Upwork should be based off of your skills, experience, and what the market will bare. You can also take into account how long it will take you to complete a project.

If you are starting as a freelancer, we recommend that you start out with a lower hourly rate and gradually increase it as your skills and experience grow.

Below are some ways to figure out your hourly rate:

Look At Other Freelancers

Determine what your skills are worth and how much experience you have in those areas. One way you can do this is to look at different freelancers on Fiverr and Upwork and compare their hourly rates to yours.

Reverse Engineer an Hourly Rate

If you have a set number on how much you’d like to make per year as a freelancer, one way to determine your hourly rate is to reverse engineer it. This means figuring out how many hours you’ll need to work to make that yearly amount.

Let’s say you want to work 1000 hours as a freelancer in a year, and you want to make $50,000. This means your hourly rate would be $50.

However, this number doesn’t take into account things like taxes, other expenses and, down time.

Make Enough To Help Pay Bills

Another way to figure out your hourly rate is to make enough money to cover your bills. This assumes that you already have a set number in mind for how much you need to make each month.

Get Better Skills

If you’ve calculated your hourly rate and you’ve realized your rate is way to high for the skill set you’re offering, think about ways to improve your skills. You can do this by taking online courses, reading books or blogs, or finding a mentor.

How to Convince Clients You’re Worth Your Hourly Rate

The best way to convince clients that you’re worth your hourly rate is by delivering quality work on time. If you can do this consistently, clients will be happy to pay your rate.

On the other hand, a good way to show clients that you’re worth your hourly rate is by being proactive and offering solutions to problems that may arise. This shows that you’re thinking

Some ways to do this include:

Showing them your skills and experience

You can show them your skills and experience by sharing your portfolio, or by sharing testimonials from past clients. This will put them at ease and make them more likely to work with you.

Giving them a discount

You can offer a discount for the first project, or bulk projects. This will get you in the door and show the client that you’re worth your hourly rate. Just make sure your quality of work is good and you get work in on a timely basis.

Offering a money-back guarantee

You can offer a money-back guarantee if the client is not happy with the work. This will show them that you are confident in your abilities and will get rid of any doubt they may have.

As you can see, there are a few ways to convince clients that you’re worth your hourly rate. If you can deliver quality work on time and be proactive, you’ll be sure to impress clients and get repeat business.

Conclusion

Hourly work is a great way to get paid on Upwork. It’s simple, all you have to do is download the app and start working. Your client will be automatically charged at the end of each week for the hours you’ve worked. Lastly, Just make sure to keep track of your hours so that you can be paid for the actual hours you’ve worked.

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How Do Clients Pay For Hourly Work On Upwork? (What You Need To Know)