Saturday, September 20, 2008

Executive Coaching Fees

The Conference Board has published an update to its survey of executive coaching fees. The executive coaching industry is showing steady growth not just in the US but in Europe and Asia. Rates are the same in Europe as in the US and have risen significantly around the world.

Organizations that coach their top level of executives pay a wide range of fees – anywhere from $200 to more than $500 per hour – with most spending in the higher ranges. The median for 2008 was $425.50 per hour. The most commonly stated fee, however, was over $500 per hour.

The most common billing method is monthly billing. Over 20% of consultants billed half of the fee up front and the balance at the end of the engagement. The most common duration of engagement is 9 months with coaches spending around 4 hours per month with their coachees.

http://www.obcomconsulting.com/pdf/MDL.pdf
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