Guide to Life Coach Salary
When a life coach does his job, it is not really the money that he gets from it that primarily motivates him. But he is also concerned about earning a living. This is why, like any career, it is important to know how much we are going to earn in order to keep up with our way of life.
A majority of life coaches do not work for a company or for someone else, but they are mostly self-employed. Being self-employed allows you to determine what your wages and fees are. Per session, life coaches can charge you anywhere from over a hundred dollars to over a thousand dollars. A life coach charges his clients according to his experience, reputation, and his coaching type. 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.
When a life coach charges you a fee, it usually is composed of many items. 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. One-on-one sessions have higher charges than the group sessions.
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. Your life coaches’ salary and fees should be discussed on a one-on-one basisduring your consultation or phone conversation.
Many coaches struggle with charging fees. They feel bad charging high fees, as though their services are not worth it. If you pay money to a life coach, that month was wroth everything you got from a life coach. 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.
If you need to boost your salary, follow the tips below. If you fees are low and you think you deserve more, there are some things you can do to boost your salary.
It is better to coach in groups than one-on-one sessions, which are very time consuming. Group sessions are more effective when it comes to time. Groups sessions need less time and you can earn more money than you can with 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. A certified life coach is in demand in many corporations today.
Try earning income in other ways. The following can be done by a life coach too: write books or e-books, hold workshops and seminars, and speak at public events.