The first of August is upon us and with that, our new pricing takes effect starting today. In case you missed the email and our prior blog post, below are some highlights that you should know. All the nitty-gritty is in our updated Terms & Conditions.
Posting Hourlies, Jobs, and creating a Profile remains free
Get creative and post an Hourlie now. If you have a project you need help with, post a Job. Or, if you’re just browsing and getting your feet wet, create a Profile and start to establish yourself. Commission Fees are only incurred by the Seller. So if you purchase an Hourlie, the fee is paid by the person who delivers the service to you.
We’ve simplified things by eliminating our previous subscription plans. Now, it’s as easy as getting Jobs done. All work billed through the site will incur a 3.5% Commission Fee, apart from the first £175 in the month (€210 and $280 equivalent), which will incur a 15% fee. Thought of differently, a typical user who puts all of his or her work through PPH will only pay 3.5% apart from one day a month.
We’ll be supporting the above by moving to a monthly billing cycle. This means that initially a 15% Commission Fee is applied and then at the end of the month, once all Invoices have been reconciled, we’ll reimburse your PPH Wallet for the difference between the 15% and the 3.5% Fee for Invoices raised above £175.
Depending on where the Seller is based, VAT may automatically be added on top of the Commission Fees described above.
15 Free Proposals, A New Free Payment Transfer Option, and Daily Disbursements
It’s hard to argue with free, so we’ve made a few things standard. First, we’ve given you 5 more Proposals per month for free. That brings the total to 15… one for every other day of the month! If you need more, you can purchase more.
We’ve added free ‘ACH money’ option for the withdrawal of funds (in USD) out of your PPH Wallet as an option for US users (‘BACS’ remains free for UK users). Other premium money movement options such as credit card or PayPal incur a 1.9% fee. For complete details, please see our Terms & Conditions.
Finally, we’re announcing daily disbursements! That’s right. We’re upping the frequency at which you can request funds to be transferred out of your PPH Wallet, to daily. This will shorten the amount of time it takes for funds to arrive in your account—making them arrive up to 50% faster for many. Now every day on PPH is a pay day!
Pricing that Guides Our Growth
We toiled over these changes. In the end, it’s our purpose that drove us to our decision to deliver the industry’s best pricing by focusing on the goal: to make PPH the place you call home. So that’s what we did. We structured the pricing such that the more work you do on PPH each month, the lower your blended rate becomes. This is focused squarely on supporting our most loyal users by delivering the least expensive pricing structure possible and in effect, by encouraging you to do more than purely ad hoc work through PPH each month.
Our new Hourlies transform the way people think about getting Jobs done online and, as a by-product, encourage more activity, more quickly for our users. We’ve heard some early stories about how an Hourlie was purchased, which led to another Job, and yet another bigger Job. For us, it’s like watching a new sport in the Olympics debut!
We believe that these changes – along with the recent site enhancements – bring us closer to our mission of helping people become more independent and living out their dream to build up their business one hour at a time.
If you’d like to ask any questions or to have your voice heard, be sure to sign up for one of PPH’s CEO Xenios’ weekly Hangouts. Xenios hosted his first Google Hangout last week and we’re aiming to make it a weekly event. Space is limited, so sign up today! And if you miss this week’s, there’s always the next.
Thank you for bearing with us through all of the changes recently. Your stories about how you’re using PPH inspire us to keep pushing the envelope and delivering on making PeoplePerHour the best place to get Jobs Done!
The PeoplePerHour Community Team