oDesk Contract Types

There are 2 types of oDesk Contracts.

1: Hourly Contracts
2: Fixed Price Contracts

1: Hourly Contracts

Hourly Contracts are generally larger and often preferred by freelancers. For all Hourly Contracts we have to download oDesk Team App (oDesk time calculator) and must calculate time for each hourly job. Hourly Contracts are covered by the oDesk Guarantee.

2: Fixed Price Contracts

Fixed Price Contracts are generally smaller and paid on completion. However, Fixed Price Contracts are not covered by the oDesk Guarantee and payment is at the client's discretion. So, we have to be very careful before applying on Fixed Price Contracts.