PRICEWATERHOUSECOOPERS RELEASES LANDMARK ICF GLOBAL COACHING STUDY
Lexington, Kentucky, USA – 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). • Full- and part-time coaches earn an average of $50,510 (USD) per year. Full-time coaches earn an average of $82,671 (USD) per year, and part-time coaches earn an average of $26,150 (USD) per year. • 69% percent of coaches are female. • The largest cluster of coaches is between 46-55 years old and has coached for 5-10 years. • 53 percent of coaches have acquired an advanced level of education (i.e., Master’s Degree or PhD). • On average, 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.
Please note: No disclosure or use of any portion of the ICF Global Coaching Study information can be used unless acknowledgment is given to both the ICF and PricewaterhouseCoopers. In addition to the global coaching statistics, regional specific information is available for Africa, Asia Pacific, Australia and New Zealand, Europe, North America and South America. Country specific information is available for Australia, Canada, Denmark, France, Germany, Ireland, Norway, South Africa, Sweden, Switzerland, United Kingdom, United States, and New Zealand. “Society is increasingly recognizing that a coaching relationship is worth both the commitment of time and the financial investment,” said ICF President Kay Cannon, ICF Master Certified Coach. “This is clearly illustrated by the revenue generated worldwide from the coaching profession.” ICF defines coaching as partnering with clients in a thought-provoking and creative process that inspires them to maximize their personal and professional potential. Coaching is a distinct service and differs greatly from therapy, consulting, mentoring or training. Individuals who engage in a coaching relationship can expect to experience fresh perspectives on personal challenges and opportunities, enhanced thinking and decision making skills, enhanced interpersonal effectiveness, and increased confidence in carrying out their chosen work and life roles. The ICF Global Coaching Survey was conducted by PricewaterhouseCoopers LLP. The survey was made available in seven languages (English, Chinese, French, German, Japanese, Russian and Spanish). The International Coach Federation is the leading global organization for coaches, with over 11,000 members in 80 countries, dedicated to advancing the coaching profession by setting high standards, providing independent certification, and building a worldwide network of credentialed coaches. For more information on how to become or find an ICF credentialed coach, please visit our Web site at www.coachfederation.org