Job Types Explained
MyFreelancer offers two primary contract types, each suited for different project needs.
Hourly Contracts
- You are paid based on time worked
- Use time tracking to log hours
- Weekly payment cycles
- Best for ongoing work or undefined scope
- Offers Work Diary protection
Fixed-Price Contracts
- Agreed total price for the project
- Payment upon milestone completion
- Best for well-defined projects
- Requires clear scope upfront
- Protected through escrow
Which to Choose?
Hourly is better when scope may change. Fixed-price works well when deliverables are clear and you can accurately estimate the work.