Friday, February 02, 2007

Summary of ICF Survey Results

Thanks to John Agno for putting this together. To subscribe t John’s excellent ezine, a coach should send an email message to: coach2coach-subscribe@yahoogroups.com

Results of the first-ever global survey of coaches demonstrate how the young profession of coaching has gained a strong foothold in the marketplace and now contributes more than $1.5 billion (USD) to the global economy.

The International Coach Federation (ICF) commissioned independent research firm PricewaterhouseCoopers to conduct this groundbreaking study of coaches worldwide in order to evaluate the magnitude of the coaching profession.

From September to December 2006, nearly 6,000 coaches (both ICF members and non-members) in 74 countries were surveyed on their coaching practice and client demographic information, as well as revenue details.

The highlights of the survey findings include:
  • The approximate annual worldwide revenue produced by coaching is $1.5 billion (USD).
  • Coaches earn an average of $50,510 (USD) per year.
  • 69% percent of coaches are female.
  • The average coach is 46-55 years old, has coached for 5-10 years, and 53 percent of coaches have acquired an advanced level of education (i.e., Master's Degree or Ph.D).
  • The majority of coaches maintain 11 active clients at any given time.
  • Coaching clients tend to be 56 percent female/44 percent male, and between 38 and 45 years of age.

Sources: International Coach Federation, February 5, 2007 press release and www.Forbes.com, January 12, 2007

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