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. 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.
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. And because of this, they are the ones who determine their own wages and fees. There is a wide range of fess that life coaches charge, and they come in the range from over a hundred dollars to 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.
When a life coach charges you a fee, it usually is composed of many items. 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.
Life coaches area advised not to place their fees on their websites. If a life coach charges high, the tendency for clients is to be scared to hire that coach. If you charge too little, on the other hand, it might send a message to clients that you are not a reputable life coach. Life coaches usually discuss fees during consultation or over the phone.
There are many life coaches who find it difficult to charge fees to people. 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. If a life coach realizes this, his business will be better off.
Here are some ways 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.
Since one-on-one sessions are time consuming, try coaching in groups. 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.
Coaching for corporations can also boost your salary. IF it is just paying for coaching, corporations easily has money for that. 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. The following can be done by a life coach too: write books or e-books, hold workshops and seminars, and speak at public events.