Hi! Thanks for the question.
According to Business Coaching Worldwide, the average session lasts
for 30 to 90 minutes.
Source: http://www.wabccoaches.com/bcw/2006_v2_i1/hiring.html
As an example, Action International charges $1,500/per month for 1 to
1.5 hours a week. So the fees will go by $250 to $375 per hour of
session.
Source: http://sbinformation.about.com/od/bizopportunities/a/bizopps2005.htm
However; it seems that the fees above are on the middle to high-end of
the spectrum. In this quite detailed 2002 survey, the fees are a
little lower. Plus they vary depending of the genders of the coach and
of the client.
"The average fee per session is $142, with 72% of coaches reporting
earning between $50 and $200 per session. Male coaches earn
significantly more than their female counterparts, with males
reporting an average fee of $168 and females reporting an average fee
of $132. Furthermore, male coaches? fees per
session are significantly greater when their clients are males. It
could be inferred that male clients pay more per session due to them
holding higher-ranking jobs than female clients do."
Source: http://www.coachfederation.org/Downloads/docs/exec-summary-2002.pdf#search=%22average%20fees%20%22business%20coaches%22%22
In this 2004 article the fees are generally still the same.
Average = $250 per hour
Range of price from $50 to $750 per hour.
Source: http://www.coachfederation.org/Downloads/Docs/CONSUMERSGUIDETOHIRINGACOACH.pdf#search=%22average%20fees%20%22business%20coaches%22%22
This 2005 article still has the same rate ranges so we can see that
there isn't much increase here. They also increase as the coach
becomes more experienced in his profession.
"Almost half of executive coaches work in the $150- 300 per hour
range, with fewer than 5% claiming rates of $500 per hour or more."
"If you take at face value the rates coaches say they charge, then
their average hourly rate approaches $230 in their first year, $255 in
the second and third, $275 in the fourth and fifth years of practice,
with executive coaches in business 5 years or more averaging $345 per
hour."
Here is another reference that supports tha value ranges above.
"...dramatically. Business coaches can range from $150 to $1000 per
hour, with $300 to $500 per hour being the more common range. Personal
(Life) coaches rates are typically much less, with $75 to $100 per
hour being usual."
Source: http://www.1to1coachingschool.com/articlesnews.htm
Search terms used:
average fees "business coaches"
I hope this would help you in your research. Before rating this
answer, please ask for a clarification if you have a question or if
you would need further information.
Regards,
Easterangel-ga
Google Answers Researcher |
