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. 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.
Most life coaches are their own bosses, or 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.
There are many things that a life coach should include in the fee that he will charge. Consultation, preparation, follow-up, and time used to get to know the client are also charged by your life coach aside from the charges for the sessions. The cost of a one-on-one session is usually more than the cost of a group session.
IF a life coach has a website, you won’t usually find charges published in the site. If a life coach charges high, the tendency for clients is to be scared to hire that coach. If you only charge a small amount, clients might not trust you to be a good life coach. Your life coaches’ salary and fees should be discussed on a one-on-one basisduring your consultation or phone conversation.
One of the great struggles of life coaches is charging their clients, fees. They feel bad charging high fees, as though their services are not worth it. However, they really are worth the money they pay. 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 feel that your salary is lower than what you want it to be, here are some tips on how to help boost your salary.
Since one-on-one sessions are time consuming, try coaching in groups. 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.
Try coaching for corporations. Corporations can afford to pay for coaching. Many corporations are interested in hiring certified life coaches.
Try earning income in other ways. Writing books or e-books, holding workshops and seminars, and speaking at public events are other things that life coaches can do.