Employers agree that there is no guarantee of the perceived or real quality of work for Hourly-Rate Contracts. The Employer is paying for the hours worked associated with the Contract, and not for any specific deliverable(s) or results-based compensation plan. If the Employer wishes to only pay for performance based on milestones or deliverables, he should hire Contractors via a Fixed-Price Contract. Employers have the right to dispute time worked in accordance with the Dispute Resolution Policy
* Fixed-Price Contracts
Contractors agree that there is no guarantee of payment for Fixed-Price Contracts. Employers have complete and sole discretion on the satisfactory completion of a Fixed-Price Contract and are under no obligation to pay unless the terms of the Contract are met by the Contractor.
oDesk always guaranteed you for the hourly jobs and warn you about the fixed price jobs.
So very carefully bid for a job.
Must know more about the employer and must be understand the job description before you bid for any job.
To be continued……