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. 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. 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. 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.
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. 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. If you charge too little, on the other hand, it might send a message to clients that you are not a reputable 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.
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. However, they really are worth the money they pay. Life coaches perform valuable service that is well worth the fees. The sooner you realize this, the better off your business will be.
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.
It is better to coach in groups than one-on-one sessions, which are very time consuming. Group sessions are more effective when it comes to time. 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. A certified life coach is in demand in many corporations today.
Try earning income in other ways. The following can be done by a life coach too: write books or e-books, hold workshops and seminars, and speak at public events.