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. Although not a primary motivation, he need to think of a salary in order to live. 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. 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. 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. 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. 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. 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. The sooner you realize this, the better off your business will be.
Below is some advice on how to boost your salary. Below are some tips to boost your salary if you feel that you salary now is lower that what you deserve.
It is better to coach in groups than one-on-one sessions, which are very time consuming. There is time effectiveness in group sessions. You can spend less time and make more money with group sessions than you can with one to 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.
Life coaches can find other ways to earn income. You can write books or e-books, hold workshops and seminars, and speak at public events.
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