Upwork: Conferences/UBS Global: Difference between revisions

Upwork: Conferences/UBS Global (view source)

7 bytes added , 30 November 2023

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 * What they have seen is a lack of wage growth not a decline.
 * '''Gesert was asked how much of wage decline/lack of growth was due to a change in take rate from 20% to 10%. She said that there was an immediate impact on pricing, but the impact wasn't huge.'''
-* '''She was also asked whether  freelancers would increase their pricing once the take rate moves from 5% to 10%. She responded that the force of supply and demand should even out but these things do have an effect. However, freelancers in this category are the most attractive and have long-term contracts; hence there should be some room there to price that change.'''
+* '''She was also asked whether  freelancers would increase their pricing once the take rate moves from 5% to 10%. She responded that the force of supply and demand should even out but these things do have an effect on GSV. However, freelancers in this category are the most attractive and have long-term contracts; hence there should be some room there to price that change.'''
 * Gesert said they have seen good performance since they implemented the price change (20% to 10%) and in fact the churn rate is less than they had modelled.