Analysis of oDesk (Legacy) Fee Structures and Comparison to Current Upwork Model
| Platform | Freelancer Net Earnings | Client Total Cost | Platform Revenue | |----------|------------------------|------------------|------------------| | | $1,000 | $1,100 (client pays 10% fee) | $100 | | Upwork (current) | $920 (10% on first $500, 8% on next $500) | $1,050 (client pays 5% fee) | $130 | odesk fees
| Party | Fee Type | Rate | |-------|----------|------| | | Service Fee (sliding scale) | 10% on first $500 with a client, 8% on $500–10,000, 5% above $10,000 | | Freelancer | Connects (bidding) | ~$0.15–$1.50 per proposal | | Client | Marketplace Fee | 5% of contract value (uncapped) | | Client | Freemium membership | $20–$60/month for advanced features | 5. Financial Implications: oDesk vs. Upwork Example Scenario: A freelancer earns $1,000 from one client. Analysis of oDesk (Legacy) Fee Structures and Comparison
Analysis of oDesk (Legacy) Fee Structures and Comparison to Current Upwork Model
| Platform | Freelancer Net Earnings | Client Total Cost | Platform Revenue | |----------|------------------------|------------------|------------------| | | $1,000 | $1,100 (client pays 10% fee) | $100 | | Upwork (current) | $920 (10% on first $500, 8% on next $500) | $1,050 (client pays 5% fee) | $130 |
| Party | Fee Type | Rate | |-------|----------|------| | | Service Fee (sliding scale) | 10% on first $500 with a client, 8% on $500–10,000, 5% above $10,000 | | Freelancer | Connects (bidding) | ~$0.15–$1.50 per proposal | | Client | Marketplace Fee | 5% of contract value (uncapped) | | Client | Freemium membership | $20–$60/month for advanced features | 5. Financial Implications: oDesk vs. Upwork Example Scenario: A freelancer earns $1,000 from one client.