Life Coach Salary Information:
The average salary of a life coach as of 2013 is $47,900.
The average global life coach salary is $47,900. The 2012 ICF Global Coaching Study surveyed over 12,000 coaches in 117 countries throughout Africa, Asia, Australia, Europe, North America, and South America and received the following results:
This figure represents a life coach salary generated solely from coaching or from providing coaching services. In addition to coaching, life coaches offer other services such as consulting, counseling, facilitating, mentoring, teaching, training, etc.
Average Life Coach salary in:
- North America $50,400
- Latin America & the Caribbean $34,400
- Western Europe $52,100
- Eastern Europe $24,000
- Middle East & Africa $39,600
- Asia $36,500
- Oceania $66,200
The average fee for an 1 hour coaching session is $229 USD.
However, fees quoted per one hour session varied by coach experience…
- 10+ years $321 per hour
- 5- 10 years $256 per hour
- 3 – 4 years $194 per hour
- 1 – 2 years $152 per hour
- Less than 1 year $128 per hour
The average number of clients that a coach maintains at one time is 10.
The average hours per week a coach works is 13 hours.
76% of Coaches expect to see an increase in clients and revenue within the coming year.
According to the Sherpa Executive Coaching Survey 2013 reports:
Annual Coach Salary by Niche
Executive Coach Salary: $103,800
Business Coach Salary: $ 74,550
Life Coach Salary: $ 49,890
Average Hourly Earnings by Niche
Executive Coaches: $320
Business Coaches: $240
Life Coaches: $130
Average Number of Clients (meetings per week) by Niche
Executive Coaches: 6.45
Business Coaches: 6.20
Life Coaches: 7.70
According to PayScale.com the average median self-employed life coach salary is $52,595. The lowest $ $28,198 and the highest $274,314.
So What is a Life Coach?
Life Coach Job Description
A life coach is someone who helps an individual through a difficult period in their life, or helps them deal with a life situation, while helping them focus on a pre-determined set of goals. A life coach is someone who will help guide an individual to achieve their dreams. They are trained experts in their field. Thus, they are equipped to empower and motivate individuals to succeed. Sometimes all a person need in life is someone to motivate them and tell them that they can make it through whatever trial, or event they are working towards. With that said, a life coach is a lot like a cheerleader in that they are there to lean on and to use as a resource.
There are many different type of life coaching niches such as relationship coaching, career coaching, etc.
WHAT ARE SOME OF THE WAYS I WILL EARN MONEY AS A COACH?
In order to have a high salary as a life coach you must be willing to do more than just one-on-one coaching sessions. You must delve into multiple sources coaching income streams. These coaching income streams include conducting group coaching programs, seminars, and workshops. You can also make money writing books, ebooks, how to articles. There are so many things a person can do to increase their salary.
Learn how to make money as a coach and increase your salary as a life coach.
The Universal Coach Institute train coaches to earn money in a variety of methods that include: Motivational and life changing audios, ebooks, book sales, key note speaking, seminars, workshops, group coaching, and of course one on one personal coaching.
Let Universal Coach Institute show you how to increase your salary as a life coach, how to find the clients, and how to make the money. All students in all programs have access to the Master Coaching Business(TM) practice building series that helps you build a thriving, successful coaching business that will allow you to make the switch from your current job to owning your own life coaching business.
This series will assist you in building a strong business, a powerful income producing website, your own coaching products, and a proven marketing plan. No experience necessary!
When you register you can access this program. Your instructor/mentor coach (assigned to you at no additional cost when you register) will work with you to build your dream.