Be sure you have read these previous posts first!:
1- Getting started with Odesk;
2- Applying for your first job.
You got your first job, you completed it, and got paid!! So now what?
When it comes to hourly jobs, you get paid only after the employer has reviewed your work sheet and checked all the screenshots from the time tracking software. This system works on a weekly basis, like this: you log your work hours during a one week period, meanwhile all the screenshots are uploaded to your worksheet, which you can constantly check from your Odesk user panel. If you accidentaly logged hours that you were not supposed to log, you can go there and erase them. Once the one week period is over, the employer has one week to review the screenshots. If he approves them, then you will get the money transferred to your Odesk account the following week.
If you completed a fixed price job, then you have to make the arrengements yourself with your employer. You can ask for an advance payment, you can establish milestones, or simply get paid upon completion of the job (this is what I usually do, and I never had problems getting paid).
After you had your money transferred to your Odesk account, you have several withdrawal options:
1- Paypal (they charge a U$1 fee for every withdrawal);
2- Skrill (U$1 fee for every withdrawal);
3- Bank transfer (Free for US banks);
4- Wire transfer (very expensive fees, which depend on which country you're transferring to);
5- Payoneer (U$2 fee for every withdrawal).
I use Payoneer, because it's the most convenient method for my country (Argentina). You get an international Mastercard prepaid credit card that will work as a normal credit card (instead you can't use it if it has no funds), in every place where Mastercard is accepted (you can even withdraw cash from ATMs, but of course, there's an extra fee for that).
Good news is, that anyone can load money to your card with any another credit card, so if you need to receive money from customers outside Odesk, you can still do it with your Payoneer account.
After some months of using the card, you can also apply for the US Payment Service, that will allow you to receive money from a select group of companies, including Google Inc. and PayPal.
So, this is basically how Odesk works for a freelancer. I hope this works out for you! Feel free to ask me any questions!
Good Luck!!
1- Getting started with Odesk;
2- Applying for your first job.
You got your first job, you completed it, and got paid!! So now what?
When it comes to hourly jobs, you get paid only after the employer has reviewed your work sheet and checked all the screenshots from the time tracking software. This system works on a weekly basis, like this: you log your work hours during a one week period, meanwhile all the screenshots are uploaded to your worksheet, which you can constantly check from your Odesk user panel. If you accidentaly logged hours that you were not supposed to log, you can go there and erase them. Once the one week period is over, the employer has one week to review the screenshots. If he approves them, then you will get the money transferred to your Odesk account the following week.
If you completed a fixed price job, then you have to make the arrengements yourself with your employer. You can ask for an advance payment, you can establish milestones, or simply get paid upon completion of the job (this is what I usually do, and I never had problems getting paid).
After you had your money transferred to your Odesk account, you have several withdrawal options:
1- Paypal (they charge a U$1 fee for every withdrawal);
2- Skrill (U$1 fee for every withdrawal);
3- Bank transfer (Free for US banks);
4- Wire transfer (very expensive fees, which depend on which country you're transferring to);
5- Payoneer (U$2 fee for every withdrawal).
I use Payoneer, because it's the most convenient method for my country (Argentina). You get an international Mastercard prepaid credit card that will work as a normal credit card (instead you can't use it if it has no funds), in every place where Mastercard is accepted (you can even withdraw cash from ATMs, but of course, there's an extra fee for that).
Good news is, that anyone can load money to your card with any another credit card, so if you need to receive money from customers outside Odesk, you can still do it with your Payoneer account.
After some months of using the card, you can also apply for the US Payment Service, that will allow you to receive money from a select group of companies, including Google Inc. and PayPal.
So, this is basically how Odesk works for a freelancer. I hope this works out for you! Feel free to ask me any questions!
Good Luck!!
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