On Upwork, only the freelancer can lower a contract’s hourly rate and only the client can raise it. Once changed, new contract rates take effect immediately.
Raise the rate on an hourly contract
- Go to Jobs and locate the contract
- Click the (...) options menu and select Increase rate
- Enter the new rate and click Save Changes
The new rate will take effect immediately. The existing contract will continue and it will be updated on your work histories to reflect the new rate.