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. Despite this, he is also someone who needs to earn a living. 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.
Most life coaches are their own bosses, or 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. 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.
One of the great struggles of life coaches is charging their clients, fees. 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.
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. There is time effectiveness in group sessions. 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. Corporations can easily pay for coaching sessions. Many corporations are interested in hiring certified life coaches.
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.