oDesk is one of the largest among a number of companies, including Elance, Freelancer, Guru, PeoplePerHour, vWorker (formerly Rent A Coder), HiredSupport, 3Desk and Nubelo, that create marketplaces in which independent contractors and their clients can contact one another. These sites often manage the payments, and make money by charging membership fees and/or take a cut of the payment. The cuts can range from 4 percent to 15 percent.
Charges of oDesk
oDesk charges a 10% flat rate of the client’s payment on oDesk, which equates to 11.11% on top of the amount paid to the contractor. oDesk does not charge in sign in/regestration , membership, job posting, application and interview fees
oDesk Specializes in recruitment and job placement services for Web developers, software programmers, graphic designers, writers, and customer service representatives. More than 2.8 million hours were worked on oDesk’s platform in March 2012 alone, for which oDesk receives a 10% commission on payments.
The specific areas of expertise supported by the site include web development and a wide variety of programming/software development skills, graphic design, writing and administrative support,database,data entry,marketing and so on. The company provides voluntary skills tests in various disciplines from English aptitude to specific programming skills, and profiles include a feedback mechanism.