5 Responses

1. take care not to under charge
   Hi Kate
   Of course a daily rate is appropriate.

   You must have a business model which requires that you make a certain amount of money to remain solvent, with a one session taking the best part of a 1/2 day (ignoring travel) you need to charge at least 1/2 day of a consultancy rate.

   Many coaches find themselves grossly undercharging and then wondering why they cannot make any money!

   For senior managers it is not unknown to charge 500-2000 per session.

   Mike
   RapidBI

2. Advice
   Hi – we run a very robust assessment process for executive coaches and I have a panel of executive coaches I can recommend as well as provide an indication of fee. my email is waynedotmullen@standardbankdotcom

3. How much to charge
   Kate I’m with Mike on this – and apologies in advance if this sounds like egg-sucking, not my intention! – you need to take in to account your travel, prep time, etc – plus you wouldn’t, presumably, be able to do anything else for the remainder at least of that half (if not whole)day. It’s up to you of course but I would advise you strongly NOT to go down the route of an hourly rate (it just gets too complicated in my experience). My minimum charge is half a day (up to 4 hours)and only then in the South East and therefore local(i.e. if it’s in the EU/Scotland/elsewhere in UK then that’s not sufficient)
   I guess if it’s all for the same company in the same location you could decide to offer to do 2 session in one half-day?
   hope it goes well – best wishes

   Andie
   Andie Hemming

4. Average Prices
   Hi there,

   From what I have seen in the market average prices for one2one sessions with execs etc can vary from £600-£1500 for a half day session.

   Hope that helps.

5. Thanks!
   Thanks to all of you who’ve taken the time to respond – other suggestions for rates also welcome!