How to measure the cost of coaching. 9 reasons to invest in a career coach.

You're on the brink of a pivotal decision: Should you hire a career coach? But we all know what the burning question on your mind is, "What's the return on investment (ROI) going to look like if I do?"

It’s a totally fair question and one we can provide some perspective on.

While it might seem like a tricky equation to solve, the answer ultimately hinges on you. Here's a comprehensive breakdown of how investing in a career coach can yield substantial returns tailored to your unique goals and aspirations.

1) Money saved by landing a job faster than doing it solo

Imagine this scenario: You're currently earning a robust salary of $175k annually. However, each month spent navigating the job market sans employment potentially translates to a loss of around $14.5k. Many individuals initially attempt the job search solo, either to save costs or preserve their ego, but the truth is: job hunting is anything but intuitive. Clients often approach us after months of fruitless efforts, realizing that partnering with a career coach from the outset could have accelerated their journey to landing their dream role. By refining your job target and deploying effective job search strategies early on, a career coach can expedite your path to success.

2) Negotiating increased compensation and fringe benefits

Knowing how to negotiate, building the nerve to do it, and then executing it well are all quite challenging components of negotiating an offer once you have one. Many people overlook the multitude of possibilities ripe for negotiation, fixating solely on salary and bonuses. However, a seasoned coach can illuminate the entire spectrum of negotiable components, empowering you to craft a comprehensive strategy aligned with your priorities and organizational dynamics. Clients who leverage coaching often secure substantial salary increases alongside perks such as professional development budgets, flexible schedules, and signing bonuses. If you want to get clear on your priorities and improve your negotiation outcome, download our free negotiation checklist here.

3) Improving your confidence to go after ambitious career goals

The journey through career transitions often takes a toll on one's confidence. Doubts regarding your capabilities, value proposition, and trajectory frequently plague the mind, impeding your ability to pursue bold opportunities. A career coach serves as a beacon of support, offering external feedback to illuminate your strengths and untapped potential. Whether you aspire to launch your venture, ascend within your organization, or pursue tantalizing opportunities, a coach instills the confidence needed to embrace new challenges, even in the face of adversity.

4) Saving time with a streamlined job search

Navigating the job market can oftentimes feel like a full-time job, exacerbating the chaos of daily life. Sure, you can find a lot of free advice on the Internet, but pretty much everyone is calling themselves a “career coach” these days, and the vast majority of advice out there just seems to contradict itself. Entrusting your journey to a reputable coach eliminates hours wasted determining what is what, pinpointing obstacles, and furnishing tailored strategies to recalibrate your approach. Every person’s job search, personality, and goals are different, so you need to know how to adjust generic advice to the nuances of your unique situation. And what better way to do that than to hire a career coach to save you the headache along the way?

5) Boosting long-term career satisfaction

The appeal of immediate opportunities often clouds judgment, leading individuals to settle for subpar roles that aren’t even in alignment of their long-term aspirations. Unfortunately, we hear that same scenario quite frequently. Here is where the pivotal role of a career coach comes in: holding you accountable to pursue your ideal career trajectory, not merely any path. A career coach can help you reflect on what you’re trying to achieve and stay honest and motivated to hold out for the best opportunities that are truly right for you. That has the additional benefits of actually enjoying what you’re doing on a day-to-day basis, being in the right place with the right people, and saving yourself another job search in a year or two.

6) Cultivating a robust network of meaningful connections

Many professionals feel hesitant about putting themselves out there to build a personal brand and network, but it’s absolutely crucial for future-proofing your career and attracting opportunities. A coach can help you amplify your personal brand so you have clarity on what kind of networking you want to build and the confidence to reach out and connect with others to build meaningful connections based on genuine curiosity and a strong personal career story. 

7) Gaining long-term career support and guidance

While family and friends mean well, their counsel often falls short in navigating all of the details of a career journey. Unlike well-intentioned confidants, a career coach boasts the expertise and objectivity to offer advice tailored to your unique circumstances. By cultivating a lasting partnership, a coach becomes intimately acquainted with your career narrative, facilitating strategic decision-making and swift navigation of pivotal career junctures.

8) Increasing your productivity and self-awareness

The number one thing people are searching more of in their lives is time. We all have the same 24 hours in a day, yet we all wish we had more of it. You haven’t grown up in a world where you’ve been trained on how to be effective. And as humans, we have all kinds of roadblocks that get in the way of behaviors, procrastination, or lack of motivation. Mainly for corporate professionals, there can feel like there is a power imbalance in how they are “allowed” to design their schedule and work in the ways that are best for them, or they are beholden to some idea of a 40-60+ hour work week. But, life is too damn short to spend 40+ hours a week working in ways that are not optimal for your working style, well-being, or overall lifestyle. 

A coach helps you analyze how you’re spending your time, how you’re getting in your own way, where you can delegate or offload tasks, how you can set boundaries and stick to them, and where you can create better behaviors that lead to lifelong healthy habits. All of which increase your overall productivity, giving you back more time for the things that matter.

9) Gaining invaluable external feedback and perspective

The most profound benefit of coaching lies in the fresh perspectives and external feedback. When you're so close to growth, it's incredibly easy to overlook blind spots, or recurring patterns hindering it. A coach serves as a mirror, reflecting untapped possibilities and illuminating paths.

At the end of the day, you will get out of coaching what you decide you want to get out of it, and that all comes down to what you put into it. 

But, if you show up and do the work and you choose the right coach as your partner the return on investment are really immeasurable. 

The dividends extend far beyond mere monetary gains, encompassing enhanced confidence, fulfillment, and resilience in navigating your career's ever-evolving landscape.

In you're ready to get more out of your career, here are three ways that we can support you. 

1) Join Our Job Search Accelerator Membership. Our structured step-by-step process to clarify, attract, and land your ideal opportunities.

2) Work 1:1 with Jenni. Learn more and book a complimentary call.

3) Work with a Coach in our Collective. Learn more and book a complimentary call.