Enrolling in a Life Coach training program is a big decision—one that could significantly change your life, your health and, oh yes, your income. So let’s talk money for a moment. After all, a healthy future includes a paycheck you can feel good about.
Average Life Coach Salary—According to the Experts
According to a 2016 International Coaching Federation (ICF) study, the average Life Coach salary in North America was $61,900. Furthermore, 75% of those interviewed expected an increase in both number of clients and revenue. Click here to read the full study.
Clearly, the field of coaching is growing—great news for those of us working to make the world a healthier and happier place. When looking at salaries, however, it’s important to note that income can vary widely, depending on factors that affect Life Coach salaries, like how long you’ve been coaching, where you live, and whether or not you’re certified. The truth is, you can make a lot more—or a lot less—than the average figure mentioned above depending on your experience, location, and the services or products you offer.
Certified Life Coach Salary vs. Uncertified
As of now, Life Coaching is an unregulated industry in which virtually anyone can claim to be an expert. However, according to that same 2016 ICF study, the majority of people and organizations who work with coaches expect them to have completed some of type of certificate or credentialing program. At Health Coach Institute, we believe completing a rigorous certificate training program not only better prepares you for future success with clients, but it also offers you the advantage of being able to command higher rates.
What About Holistic Life Coach Salaries?
One area of Life Coaching that’s gaining momentum is Holistic Life Coaching, which focuses on the whole person—mind, body, and spirit. Because it’s a newer area of Life Coaching, there isn’t much data on salaries for this specific segment yet, but as more and more people begin to define “healthy” in a way that goes beyond diet and exercise, we believe this area will continue to grow. (Fun fact: our own 8-month online Life Coach training program centers around a holistic approach and the three domains our curriculum addresses include physical, emotional, and cognitive well-being.)
Tomorrow’s Life Coaches are Looking Forward to a Bright Future
Now that we’ve answered the question “How much does a Life Coach make?” let’s talk about what’s to come. According to this article, the total market is forecasted to grow at an average of 5.4% annually for many years to come. And that’s great news for both the health of clients and the prosperity of coaching professionals everywhere.
Want to learn more about how our Life Coach training program can prepare you for a rewarding and well-paying career as a Life Coach? We’d love to hear from you! Click below to connect with a Clarity Coach now.