How Does a Life coach Determine His Salary?
Life coaches’ primary motivation in doing their job is not the salary that they get from the job. 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. 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. 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.
Fees that life coaches charge involve many things. Life coaches do not only charge for the session, but also for consultation, the preparation, the follow-up, and the time it takes to get to know his 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. Clients will be scared away if they see the high charges that a life coach offers. If you only charge a small amount, clients might not trust you to be a good life coach. When you have one-on-one consultation with a life coach, this is the best time that he discusses fees with his clients.
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. If you pay money to a life coach, that month was wroth everything you got from a life coach. 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.
Below is some advice on how to boost your salary. 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. Corporations can easily pay for coaching sessions. Many corporations are interested in hiring certified life coaches.
There are many other ways that you can earn as a life coach. The following can be done by a life coach too: write books or e-books, hold workshops and seminars, and speak at public events.