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. Although not a primary motivation, he need to think of a salary in order to live. Life coaching is just like any other career where we need to know how much we are going to earn for our own personal upkeep.
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. 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.
When a life coach charges you a fee, it usually is composed of many items. 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.
Life coaches area advised not to place their fees on their websites. The reason for this is so that you will not scare clients away if you charge too much. 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. The truth is that life coaches offer valuable service that is worth what you pay for. 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 fees are low and you think you deserve more, there are some things you can do to boost your salary.
Since one-on-one sessions are time consuming, try coaching in groups. 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.
Boosting your salary can be done by coaching corporations. Corporations can easily pay for coaching sessions. Many corporations are interested in hiring certified life coaches.
Life coaches can find other ways to earn income. The following can be done by a life coach too: write books or e-books, hold workshops and seminars, and speak at public events.