Upwork: Summary of SEC Fillings: Difference between revisions

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* Upwork offers market-competitive benefits and compensation in order to attract and retain employees.
* Upwork offers market-competitive benefits and compensation in order to attract and retain employees.
* Compensate high performers more than average performers.
* Compensate high performers more than average performers.
=== Competition ===
Other than online freelance companiea such as Fiverr, Upwork faces competition from services providers described below;
==== Traditional Staffing Agencies ====
* The Adecco Group
* Randstad
* Recruit
* Allegis Group
* Robert Half International
==== Personal and professional social networks ====
* LinkedIn
* GitHub
==== software and business services companies ====
* Workday.
==== Payment Businesses ====
* Paypal
* Pioneer
==== Online Job Boards ====
* Craigslist
* CareerBuilder
* Indeed
* Monster
* ZipRecruiter


=== Cohort Analysis ===
=== Cohort Analysis ===
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* According to the company, "a client belongs to an annual cohort based on the date of first spend activity with talent." For instance, " the 2022 cohort includes all clients that had their first spend activity with talent between January 1, 2022 and December 31, 2022."
* According to the company, "a client belongs to an annual cohort based on the date of first spend activity with talent." For instance, " the 2022 cohort includes all clients that had their first spend activity with talent between January 1, 2022 and December 31, 2022."
* '''In the year ended December 31 2022, 2021, and 2020, " client spend from new client cohorts was $507.6 million, $537.9 million, and $407.9 million, respectively."'''
* '''In the year ended December 31 2022, 2021, and 2020, " client spend from new client cohorts was $507.6 million, $537.9 million, and $407.9 million, respectively."'''
[[File:Client cohort.png|thumb|553x553px|Source: Upwork 2022 10-K]]


== References ==
== References ==
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