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.
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.
There are many things that a life coach should include in the fee that he will charge. 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. 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. If you charge too little, on the other hand, it might send a message to clients that you are not a reputable life coach. Life coaches usually discuss fees during consultation or over the phone.
Many coaches struggle with charging fees. They feel bad charging high fees, as though their services are not worth it. If you pay money to a life coach, that month was wroth everything you got from a life coach. Even if you pay a high cost to a life coach, it is all worth it. If a life coach realizes this, his business will be better off.
Here are some ways 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.
It is better to coach in groups than one-on-one sessions, which are very time consuming. There is time effectiveness in group sessions. Groups sessions need less time and you can earn more money than you can with one-on-one sessions.
Coaching for corporations can also boost your salary. Corporations can easily pay for coaching sessions. A certified life coach is in demand in many corporations today.
Try earning income in other ways. The following can be done by a life coach too: write books or e-books, hold workshops and seminars, and speak at public events.