Global Study Reveals Average Annual Revenue from Professional Coaching
Research just released from the 2012 ICF Global Coaching Studyshows the global average annual revenue that is generated by professionals providing coaching services to be approximately $47,900 (USD). This figure represents income generated solely from coaching or from providing coaching services.
Results also showed that almost all coaches offer services in addition to coaching. On average, coaches offer almost three (2.7), most commonly consulting (62%) and training (60%). It is also important to note that according to the results from the 2007 Global Coaching Study, over half of all respondents stated that they have offered some of their coaching services pro-bono.
“Having a clear picture of who is coaching, how much they are coaching and what revenue they are generating creates more confidence in and inspiration from the evolution of coaching,” said ICF Global President Janet M. Harvey. “We can all benefit from this data, coaches and consumers alike. Knowing what the field looks like helps to strengthen coach confidence, and improve public awareness. We are seeing a new level of understanding about the value of the profession and how it stimulates continued positive impact for clients.”
“As more people experience the power and benefits of coaching, business professionals – especially consultants and trainers – are becoming professional coaches in addition to the work done in their respective fields,” explained Harvey. “Coaching is an extremely powerful tool that many of today’s leaders and entrepreneurs are adding to their professional services.”
Over 12,000 coaches representing 117 countries throughout Africa, Asia, Australia, Europe, North America and South America participated in the study commissioned by ICF and conducted independently by the International Survey Unit of PricewaterhouseCoopers (PwC) in 2011.
To learn more about the 2012 Global Coaching Study please visit http://www.coachfederation.org/coachingstudy2012