I am long time Upwork (oDesk) user that wants to move to freelancer.com due to the latest shifts in the Upwork pricing policy.
However the pricing system on freelancer.com seems even more complicated. I am reading their Fees and Charges page, and I see that they have multiple fees that apply on different level:
- Under the "For Employers" section you state that the fee is "3% or $3.00 USD (whichever is greater)"
- Under the "For Freelancer" section you state that the fee is "10% or $5.00 USD, whichever is greater"
- Under the "Transaction Fees" section you state that there is an additional fee of "$0.30 USD + 2.3%" for using Credit Card, PayPal or Skrill.
So my question is:
If a client wants to spend $1000 in total with all possible fees included, how much of those would I receive on my freelancer.com profile (without calculating my own withdrawal and bank fees)?
My guess is:
1000 - 0.3 = 999.7 -- transaction fee 999.7 - (999.7*0.023) = 976.7 -- transaction fee 976.7 - (976.7*0.03) = 947.4 -- employer fee 947.4 - (947.4*0.1) = 852.66 -- freelancer fee
Is my math correct? If a client pays $1000, I will receive a $852?
Is there a calculator tool that can help me with this?