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.
When it comes to being a life coach, most of them do not work for a company or a boss, but majority of coaches are self-employed. This is the reason why they determine their own wages. 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. The cost of a one-on-one session is usually more than the cost of a group session.
Fees are not published in life coach websites. 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. When you have one-on-one consultation with a life coach, this is the best time that he discusses fees with his clients.
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. 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 fees are low and you think you deserve more, there are some things you can do to 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. You can spend less time and make more money with group sessions than you can with one to one sessions.
Try coaching for corporations. Corporations can afford to pay for coaching. If you are a certified life coach, they may be interested in hiring you.
There are many other ways that you can earn as a life coach. You can write books or e-books, hold workshops and seminars, and speak at public events.