How Does a Life coach Determine His 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. If life coaching is your career, then you need to know how much you are going to earn in order to keep up with your lifestyle.
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. On average, the salary of a life coach can range anywhere from a little over a hundred dollars and or over a thousand dollars per session. The amount that a life coach charges depends on his experience, reputation, and his coaching type. A life coach can charge higher if he has more experience and better reputation.
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. If you go one-on-one with a life coach, you pay more than when joining a group session.
IF a life coach has a website, you won’t usually find charges published in the site. The reason for this is so that you will not scare clients away if you charge too much. If you charge too little, on the other hand, it might send a message to clients that you are not a reputable life coach. Your life coaches’ salary and fees should be discussed on a one-on-one basisduring your consultation or phone conversation.
There are many life coaches who find it difficult to charge fees to people. Some feel that their services are not worth is so they feed bad with the high fees they charge. However, they really are worth the money they pay. The services that life coaches provide are well worth the fees. 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 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. When it comes to time effectiveness, group sessions are more effective. Groups sessions need less time and you can earn more money than you can with one-on-one sessions.
Try coaching for corporations. 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. You can write books or e-books, hold workshops and seminars, and speak at public events.