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>Why would they want to eliminate the race to the bottom? To attract better clients and engineers. oDesk gets 10% cut, so I guess they will be happy to get 10%
by zerr 12y ago
>Why would they want to eliminate the race to the bottom?
To attract better clients and engineers. oDesk gets 10% cut, so I guess they will be happy to get 10% of some 3-figure/hr engineer rather than $10/hr one.
- dragonwriter 12y agoYeah, but they'd rather get a 10% cut of fifty $10/hr engineers than a 10% cut of one $300/hr engineer.
- shoshd 12y agoThat's well said. Upwork would rather get 10% of $100 than 10% of $10. And hourly rates are actually going up. US average hourly rate was up 18% (comparing Q1 2014 to Q1 2015).