How Does a Life coach Determine His Salary?
Life coaches’ primary motivation in doing their job is not the salary that they get from the job. Despite this, he is also someone who needs to earn a living. Life coaching is just like any other career where we need to know how much we are going to earn for our own personal upkeep.
A majority of life coaches do not work for a company or for someone else, but they are mostly self-employed. And because of this, they are the ones who determine their own wages and fees. There is a wide range of fess that life coaches charge, and they come in the range from over a hundred dollars to over a thousand dollars per session. His experience, reputation, and coaching type determines the amount the life coach charges. If a life coach has attained a status from many years of experience and a good reputation, then expect him to charge a higher fee.
Fees that life coaches charge involve many things. It is not only the session that coaches charge, but also for the consultation, the preparation, the follow-up, and the time that it takes to get to know your client. The cost of a one-on-one session is usually more than the cost of a group session.
Life coaches area advised not to place their fees on their websites. Clients will be scared away if they see the high charges that a life coach offers. On the other hand, if they see that your fees is a lot lower, they might think that the quality of your coaching is also lower. Life coaches usually discuss fees during consultation or over the phone.
One of the great struggles of life coaches is charging their clients, fees. Some feel that their services are not worth is so they feed bad with the high fees they charge. The truth is that life coaches offer valuable service that is worth what you pay for. Even if you pay a high cost to a life coach, it is all worth it. A life coach should realize this so that he will not struggle with charging high fees.
Below is some advice on how to boost your salary. If you feel that your salary is lower than what you want it to be, here are some tips on how to help boost your salary.
Try coaching in groups since one on one session are very time consuming. There is time effectiveness in group sessions. If you want to earn more money, do group sessions because they need less time and you can earn more money than in one-on-one sessions.
Coaching for corporations can also boost your salary. IF it is just paying for coaching, corporations easily has money for that. Many corporations are interested in hiring certified life coaches.
Try earning income in other ways. You can write books or e-books, hold workshops and seminars, and speak at public events.
Cited reference: my blog