Finance Research (Essay Sample)

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Finance Research
The research is going to determine the rates organizations pay for their executive coaching services and the way of administering the coaching. This report offers an analysis of rates in Seattle alone. Previous researches indicate that coaching rates increase with increase in the level of executive and the amount organizations are willing spend.
There are so many coaching companies in Seattle, all these companies do various types of coaching depending on the area of specialization and filed of industry. Charges rate differently from one organization to another. The number of players in the industry affects the different rates of charge by these companies. From the research conducted in Seattle, location of the coaching firms seemed to affect the rates of coaching costs asked by the firms. Firms that are in the cities charge more than those that are in small towns.
From a research conducted by two university students in a local university, coaching in Seattle was among the least paying jobs. This is because most people in Seattle do not consider coaching has important like in other cities. Thus, most of those who felt in need of a coach, preferred to go into other cities from Seattle to attend to coaching. However, there are those who conduct coaching practices in Seattle emerging successful with quite a number of clients to make the business run.
Coaching rates depend on hours of session. Companies such as The Change Leaders Co. that has a branch in Seattle, offer leadership-coaching programs to executive leaders, charging approximately $700 dollars per hour minimum for a session. Clients pay other charges such as registration fees before the commencement of the coaching. The company also considers the area of specialization for students. The company has an offer if one went three hours of session daily in a week. The company also charges different rates when a client requests to have a specific tutor to coach him or her. The company provides CEO coaching, executive team development and Board Development programs among othersCITATION She08 \l 1033 (Rothman).
According to The Open Organization, LLC in Seattle, coaching requires individuals to focus on the main agenda. Since the market is still growing and the number of clients is still low, the company charges its clients a fair price that firms easily afford. Making coaching cheap and charging lower rates attracts clients who are willing to try to see a change with coaching in their industry. The company rates are low to those of The Change Leaders. Inc. The company charges $400 to $500 dollars per hour. However, clients need to pay some charges such as registration costs and booking costs too. The company offers incentives to clients such as free books and guide notes after the completion of their full package of coaching. For an extra cost, the company has been able to offer advices to organization heads in times of critical decision-making. The fees charged depend on location of the company and the kind of decisions the client needs help with CITATION The15 \l 1033 (Leaders).
Turnkey Coaching and Development Solutions, LLC, offers extensive coaching solutions to clients in Seattle. The company provides custom tailored, leadership programs for development, corporate coaching programs and advice to small rapid growing businesses. The company offers other services such as shadow coaching, international executive coaching, senior executive programs, corporate coaching, succession plan coaching and many other programs CITATION tur15 \l 1033 (Solutions). The rates for payment depends on the custom a client requires. Coaching fees for top-level executives ranges above $600 per hour at the company. In 2008, the company averagely charged between $600 and $700 per hour rate for the C-suite coaching level, becoming the most expensive coaching company in Seattle. The company is monthly coaching payment are at $220,000 depending on the selected coach.
According to a report from Conference Board Organization, coaching fees for CEOs has been increasing since 2006. In ad...