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Return to: [[Upwork|Upwork |]] [[Upwork:Quarterly Results/2023 Q2]] | Return to: [[Upwork|Upwork |]] [[Upwork:Quarterly Results/2023 Q2]] | ||
See also: [https://forum.investmentwiki.org/t/upwork-product-developments/131 Discussions] | |||
Return to: [[Upwork]] | [[Company News]] | |||
See also: [https://forum.investmentwiki.org/t/upwork-product-developments/131 Discussions] | See also: [https://forum.investmentwiki.org/t/upwork-product-developments/131 Discussions] | ||
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=== 2023 === | === 2023 === | ||
* September 12, 2023: Upwork introduces scheduled rate increase in hourly contracts. Scheduled rate increase feature enables clients and freelancers to adjust rates automatically. The feature include the percent increase as well as the duration for which the increase will take effect. Scheduled rate increase is applicable to new contracts and not existing ones and once set cannot be changed. Upwork said that the feature will be rolled out gradually<ref>https://community.upwork.com/t5/Product-Release-Notes/bg-p/ProductUpdates#:~:text=Optional%20scheduled%20rate,the%20hourly%20rate</ref>. | |||
* August 16, 2023: Starting August 16, the '''number of connects needed to bid for a job will range from 4 to 16'''. “This change will help us facilitate better matches, increase flexibility to price projects accurately, and attract more top tier clients to the platform,” Upwork said in a community notice<ref>https://community.upwork.com/t5/Product-Release-Notes/Marketplace-Updates-Changes-to-Upwork-Application-Prices/ba-p/1397770</ref>. Initially, the number of connects could range from 2 to 6, but Upwork raised the range to 2 to 8 in March 2023<ref>https://community.upwork.com/t5/Product-Release-Notes/Marketplace-Updates-Boosted-Proposals-and-Connects/ba-p/1269780</ref>. | * August 16, 2023: Starting August 16, the '''number of connects needed to bid for a job will range from 4 to 16'''. “This change will help us facilitate better matches, increase flexibility to price projects accurately, and attract more top tier clients to the platform,” Upwork said in a community notice<ref>https://community.upwork.com/t5/Product-Release-Notes/Marketplace-Updates-Changes-to-Upwork-Application-Prices/ba-p/1397770</ref>. Initially, the number of connects could range from 2 to 6, but Upwork raised the range to 2 to 8 in March 2023<ref>https://community.upwork.com/t5/Product-Release-Notes/Marketplace-Updates-Boosted-Proposals-and-Connects/ba-p/1269780</ref>. |