How Does a Life coach Determine His Salary?
When a life coach does his job, it is not really the money that he gets from it that primarily motivates him. 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. 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. His experience, reputation, and coaching type determines the amount the life coach charges. In general, the more experience and the better reputation you have, the higher life coach salary you can charge.
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.
Fees are not published in life coach websites. Clients will be scared away if they see the high charges that a life coach offers. 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.
Many coaches struggle with charging fees. Some feel that their services are not worth is so they feed bad with the high fees they charge. If you pay money to a life coach, that month was wroth everything you got from a life coach. 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.
Here are some ways 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.
Try coaching in groups since one on one session are very time consuming. There is time effectiveness in group sessions. You can spend less time and make more money with group sessions than you can with one to 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. Writing books or e-books, holding workshops and seminars, and speaking at public events are other things that life coaches can do.
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