Let's start with the crucial information:
When will I receive my payment?
jovoto offers you the opportunity to work for a variety of companies and organisations. Because of this, each project has a different payment duration and sometimes the guaranteed payment takes time to be transferred to us. Depending on the client and their internal procedures, this process can take up to 8-12 weeks after the end of the project.
Once the client has transferred the funds to us we aim to complete the payment to you as soon as possible. In addition, jovoto does not take any percentage of the award amount!
*Note: Payments are always paid in €.
The payment cycle at jovoto
1. Once a project is live and kicking, we're informing our accounting department to be prepared.
2. After the project ends and we're wrapping it up with the client, we can mark it on our platform. This
doesn't happened with the end of the submission phase but few days-weeks after. Once marked:
You will receive an Email from us notifying you on Your payment for the -X- project >
The payment is on it's way!
3. When the communication with the client ends and the payment process is complete:
You will receive an Email from us notifying you You got paid >
This is when the payment was made!*
* It can take 1-3 days till it reaches your account.
How much can I earn on jovoto?
We offer you a guaranteed-payment for your amazing work!
Our project calculator* helps us to identify the challenge and set the project's payment. This is based on the client goals, project categories & skills needed, time and of course, the required deliverables - the end result.
An outline of the requirements and the payment amount will be stated in the Pre-Brief Email invitation to participate in the project. Therefore, you can use this information to decide whether you would like to take part in the project or not. This will not effect your participation in future projects.
Some examples for income:
- Create two communication concepts for the guaranteed payment of €600 (about 1.5 days effort) in the time frame of 10 days
- Create spark-level Service and/or Product Innovation ideas for the guaranteed payment of €150 (about 2-3 hours effort).
- Create Web Design / UI / UX concepts for the guaranteed payment of €700 (about 1.5 - 2 days effort).
- Create Graphic Design for Packaging ideas for the guaranteed payment of €400 (about 1-day effort). If your idea gets selected for refinement in Phase 2 you get an additional payment of €200.
In addition -
In some projects we have additional awards on top of your guaranteed payment, such as Client awards, Collaboration award, Innovation award etc.
These awards are paid separately from your project's fixed payment. It means that if you are one of the awardees, you will receive your payment for participating in the project and an additional
payment for your award. (we can 'merge' the fixed payment with an on to award).
If you have any payment related questions, please contact us in support.