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. 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.
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. The amount that a life coach charges depends on his experience, reputation, and his coaching type. In general, the more experience and the better reputation you have, the higher life coach salary you can charge.
There are many things that a life coach should include in the fee that he will charge. 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. 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. 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.
One of the great struggles of life coaches is charging their clients, fees. 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. 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.
Below is some advice on how 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. Groups sessions need less time and you can earn more money than you can with one-on-one sessions.
Boosting your salary can be done by coaching corporations. Corporations can easily pay for coaching sessions. If you are a certified life coach, they may be interested in hiring you.
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.