Steve Apr 16, 2009
Elance delivers an immediate, cost-effective and flexible way to find, hire, manage and pay independent professionals and contractors online.
Businesses who tap into Elance's skilled talent pool to distribute their work, love Elance for:
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More than 97,000 independent professionals count on Elance to help them:
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The Elance Work System guides the entire online work process to ensure great results by providing a standardized way to set up work engagements, manage the work and exchange payment for results.
The Elance Work System facilitates structured communication, brings clarity on what needs to be done and when, provides tracking, updates and regular reviews of the work in progress, solicits feedback throughout the process and helps release payment from Escrow for the work delivered.
Elance makes money when the work is delivered and payments are made through Elance. When clients (employers) make a payment to their service providers, Elance deducts between 6.75% and 8.75% from the payment to cover its Service Fee and Payment Processing costs, and transfers the remaining amount directly to the service provider.
Additionally, Elance service providers choose between free and paid monthly membership plans based on their level of activity. People who hire elancers pay no fees beyond the money that is paid to the provider for the work that is done.