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.
A majority of life coaches do not work for a company or for someone else, but they are mostly self-employed. Being self-employed allows you to determine what your wages and fees are. 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.
Fees that life coaches charge involve many things. 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. One-on-one sessions have higher charges than the group sessions.
Fees are not published in life coach websites. Clients will be scared away if they see the high charges that a life coach offers. On the other hand, if they see that your fees is a lot lower, they might think that the quality of your coaching is also lower. 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. 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. 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.
Here are some ways to boost your salary. If you fees are low and you think you deserve more, there are some things you can do to 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. 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.
Boosting your salary can be done by coaching corporations. Corporations can afford to pay for coaching. If you are a certified life coach, they may be interested in hiring you.
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.