In the past, organizations identified a problem and senior managers concluded that they needed training. Other times, their superiors decided that an executive coach was the perfect motivator to improve employee performance or define more clearly the employee's career progression. Recent research has shown that three out of four coaches with an active client group (75%) expect their number of coaching clients to increase over the next year. People now understand that executive coaching is an opportunity to achieve positive change, even when there is no problem. Certified professional trainers reported earning 30 to 70% more than the average, as they have the opportunity to work with multiple people from their corporate clients.
To stay successful, they network regularly, listen to their customers and their feedback, invest in mentoring and supervision, and continually train and develop themselves. The numbers above are an indication of what a typical coaching professional can expect to earn. As a leadership coach, your salary will be affected by your experience, the size of your company, your location, and the industry in which you work. Coaching is a form of development in which a person called a coach helps a student or client achieve a specific personal or professional goal through training and guidance. It's important to note that the incomes of executive, life and business coaches vary greatly (from free to thousands of dollars per hour), so these averages may not reflect what most coaches actually make.
If you're considering becoming a leadership coach or planning your next career move, find out more about a leadership coach's role, career path, and salary prospects. The amount a certified coach earns versus the amount a non-certified executive coach earns varies; however, it stands to reason that certified trainers earn much more than their non-certified counterparts. This is just one of the reasons why becoming an ICF certified professional trainer could be the ideal path to starting a fulfilling and profitable career doing what you love. The greater number of opportunities also increases the likelihood that your coaching business will be successful. As an executive coach, you interact with people in an organization who make all the important decisions.