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. 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.
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. 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.
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. One-on-one sessions have higher charges than the group sessions.
Life coaches area advised not to place their fees on their websites. The reason for this is so that you will not scare clients away if you charge too much. 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. Your life coaches’ salary and fees should be discussed on a one-on-one basisduring your consultation or phone conversation.
There are many life coaches who find it difficult to charge fees to people. Some feel that their services are not worth is so they feed bad with the high fees they charge. The truth is that life coaches offer valuable service that is worth what you pay for. 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.
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.
Try coaching in groups since one on one session 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.
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. The following can be done by a life coach too: write books or e-books, hold workshops and seminars, and speak at public events.