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. 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. 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. 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. If you only charge a small amount, clients might not trust you to be a good life coach. Your life coaches’ salary and fees should be discussed on a one-on-one basisduring your consultation or phone conversation.
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. Life coaches perform valuable service that is well worth the fees. If a life coach realizes this, his business will be better off.
Here are some ways to boost your salary. If you fees are low and you think you deserve more, there are some things you can do to boost your salary.
It is better to coach in groups than one-on-one sessions, which are very time consuming. When it comes to time effectiveness, group sessions are more effective. You can spend less time and make more money with group sessions than you can with one to one sessions.
Coaching for corporations can also boost your salary. Corporations can afford to pay for coaching. If you are a certified life coach, they may be interested in hiring you.
Try earning income in other ways. You can write books or e-books, hold workshops and seminars, and speak at public events.