successful business leadership collaboration corporate diversity partnership teamwork business person in formal suit smiling confident and vision in modern interior office background,ai generate
Trends in executive coaching suggest that leaders are seeking out executive coaches like never before. Corporations and organizations are creating internal coaching departments to support all levels of management. And professional life coaches are expanding their skill sets to serve high-level clients by seeking certified executive coaching training.
The trend for leaders, managers, and executives to seek out coaching has been rising for years. Before the COVID-19 pandemic, the International Coaching Federation had reported that between 2015 and 2020, leaders and managers had increased the use of coaching by 46%.
When the pandemic forced industries to pivot to virtual workspaces in 2020, where that was possible, coaching support demand increased.
As reported by the ICF, the measurable outcomes of working with executive coaches pre-pandemic included:
With executive coaching having such a positive impact, especially during that challenging time, leaders are opting to leverage coaching like never before. According to PwC’s Global Crisis and Resilience Survey from 2023, 89% of business leaders prioritize organizational resilience and choose to be strategic in that prioritization.
Internal and external executive coaching for all levels of leadership has become an essential component of that proactive strategy to be and remain resilient.
Professional executive coaches strategically support their leaders in critical areas of development, impacting the leader, their team, and the organization they serve. For example, executive coaches who train and are certified by the iNLP Center explore the following key Impact Areas for Success with their executive clients:
Research from Public Personnel Management found that productivity increases 22% on average with training within the workplace. If the training is combined with coaching, productivity increases to 88%.
Beyond productivity, retention rates are also increased, according to a study by Metrix Global.
Due to the benefits and rising demand for executive coaching, leaders seek certified executive coaches to begin building coaching internally in their organizations and corporations.
The coaching leaders receive from executive coaches is highly valued, and coach compensation reflects that.
ZipRecruiter has reported that:
“Annual salaries for executive coaches can be as high as $291,000 and as low as $21,500, but the majority of Executive Coach salaries currently range between $49,500 (25th percentile) to $124,500 (75th percentile) with top earners (90th percentile) making $284,500 annually across the United States. The average pay range for an Executive Coach varies greatly (by as much as $75,000), which suggests there may be many opportunities for advancement and increased pay based on skill level, location, and years of experience.”
With the trends continuing to increase, leaders, managers, and executives may soon be no longer asking one another, “Why are you working with an executive coach?” and instead may be asking one another, “Why are you not already working with an executive coach?”.
Adult ADHD is a complex and often misunderstood condition. As coaches, it's crucial to separate… Read More
"Dyslexia" – a word often associated with frustration and academic struggles. But what if we… Read More
ADHD, or Attention-Deficit/Hyperactivity Disorder, affects millions worldwide, presenting unique challenges in areas like focus, organization,… Read More
Coaching individuals with neurodiversity demands a nuanced and adaptable approach, one that acknowledges and celebrates… Read More
Jeff Schneider, a seasoned coach and graduate of the iNLP Center, dedicates his practice to… Read More
I used to tell my ex-husband that it felt as if we were ping-ponging against… Read More
