Upwork Global Inc: The New East India Company of 21st Century

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April 16, 2016
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Upwork Global Inc: The New East India Company of 21st Century

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Well, I received this email from Upwork today. I will write my reaction later but here you go for the email.

Hi Muhammad,

Earlier this month we announced plans to change pricing on Upwork. We wanted to follow up with more information on when these changes will roll out.

On June 21, the new 20% / 10% / 5% sliding service fee will take effect for new contracts on Upwork.* Your active contracts will not be impacted and will remain at the 10% fee, unless you’ve billed over $10,000 with a client, in which case we’ll automatically lower your fee to 5%.**

Also, when you work with one of your Elance clients on Upwork, we’ll continue to honor the fee you paid on Elance or the 5% fee when applicable. You can view your lifetime billings with each of your clients here or visit our pricing page to learn more.

Thank you again for your understanding and your business.

Best,
The Upwork Team

A few days back, I published another article – Why I Hate Upwork?. You can have a look meantime.

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