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. 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. 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. 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. If you go one-on-one with a life coach, you pay more than when joining 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 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.
Many coaches struggle with charging fees. They feel bad charging high fees, as though their services are not worth it. However, they really are worth the money they pay. Life coaches perform valuable service that is 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. Below are some tips to boost your salary if you feel that you salary now is lower that what you deserve.
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. You can spend less time and make more money with group sessions than you can with one to one sessions.
Try coaching for corporations. Corporations can easily pay for coaching sessions. A certified life coach is in demand in many corporations today.
Life coaches can find other ways to earn income. Writing books or e-books, holding workshops and seminars, and speaking at public events are other things that life coaches can do.