What is the Salary of a Life Coach?

Are you considering becoming a life coach? If so, maybe one of the questions you’re asking yourself is: What is the salary of a life coach?

Your salary and rates as a life coach can vary according to years of experience, credentials, and the various types of coaching “niches”. It’s also a good idea to get the proper credentials, like ICF certification, since this adds to your credibility and professionalism.

The average life coach salary in Canada, according to PayScale, is C$50,868 with an average hourly pay of C$59.50

You can also get more information on life coach salaries from the 2016 ICF Global Coaching Study which shows that the average yearly salary for life coaches in North America is USD$61,900 and the Global yearly average is USD$51,000.

The various types of coaching “niches” also affect salary and hourly rates. For instance, according to a Sherpa Executive Coaching Survey in 2018, the average hourly rates by niche for the following coaches were:

-          Executive Coaches: $386 USD per hour

-           Business Coaches: $279 USD per hour

-           Life Coaches: $190 USD per hour

When it comes to realizing your dream of becoming a life coach, it’s not only important to research how to become a life coach, but it’s also important to inform yourself about salaries and the different types of niches so you can make the right choices for future success!

WHAT ARE SOME FACTORS THAT DETERMINE PRICING?

What are some factors that can help you determine pricing as a life coach?

There are several different factors that can help you determine pricing as a life coach. Some of these include:

1)    Location: many life coaches offer sessions via Skype or phone, so your location as a coach may not be important, but where your clients live can make a difference. Because some clients in different parts of the country are willing to pay more for coaching than others, this can impact your salary as a life coach.

2)    Target Market: who your target market is can also affect your salary. This ties in with the different “niches” mentioned earlier. For example, if your target clients are executives in larger companies, your rates will be different than if your clients are from smaller companies or individuals.

WHAT ARE SOME OTHER WAYS YOU CAN EARN MONEY AS A COACH?

How can you earn money and increase your salary as a life coach?

Being a successful life coach means more than just offering one-on-one coaching sessions. You need to be resourceful and creative to increase your salary with different revenue streams. Some ways you can do this are through seminars, group coaching programs, workshops, motivational speaking events, mentor coaching,health and wellness videos, and life improvement courses.

At Canada Coach Academy we can show you how to find different ways to be inspired and to inspire others!With the right training, life coach courses and ICF certification we can help you build a thriving, successful coaching career that will allow you to make a difference in people’s lives today!

We are dedicated to working with you to build your dream so that you can help others build theirs!

Find out more about life coach training in Canada here.

CCA and Its Life Coach Training

If you are serious about being a certified life coach and you just love supporting others, so what you learn here should inspire you. CanadaCoach Academy (CCA) certifies world class coaches. Our goal is to show how to encourage as many people to realize their true potential. We are offering people the knowledge, network and tools they have to change the world, one conversation at a time.

Becoming a life coach is a career decision and should not be taken lightly. Where other life coaching services concentrate mainly on goal-setting and emotional control, this Life Coaching Certification goes far further to examine the psychology behind the professional development and self-management challenges of people.

How to Become a Life Coach?

●     Complete coach-specific training that is accredited by the International Coach Federation (ICFCertification) and aligned with their standards.

●     To be the partner one should first invest time, energy, and resources to invest in the development of their skills.

●     Offer your coaching service to as many people as you can, whatever the specialty, and over the time you can become more confident in your skills.

●     Find a mentor who can help you develop your coaching abilities and match them with ICF's competencies and code of ethics.

●     The ICF Coach as a partner with clients in a creative and thought-provoking way that inspires them to maximize their personal and professional potential

Benefits of ICF Coaching Toronto

1.    Create a sense of achievements.

2.    Easy to engage with people to create long lasting relationships.

3.    Becoming a coach opens your mind to multiple perspectives starting with other people and learning from each other can be a rejuvenating experience.

 Leverage the benefits of CCA visit http://www.canadacoachacademy.com