What is the ROI of coaching?
If you are considering Executive Leadership Coaching for your employees you may be asking?
- What are the organizational benefits?
- What is the ROI of coaching?
Research on the ROI of coaching indicates 5-7x the initial investment. How can this be so high? Perhaps one reason is that coaching provides a customized, focused learning experience designed specifically to help leaders strengthen and develop competencies. The coaching process happens at regular intervals and learning occurs between, as well as during, coaching sessions.
- A study by Metrix Global found that executive coaching had a 788% ROI, based on increases in productivity and employee retention. (MetrixGlobal)
- A reliable ROI for executive coaching has been reported as 500%-700%. (iPEC).
- According to one study, coaching had a 221% ROI. (International Society for Performance Improvement).
- A global survey by PricewaterhouseCoopers and the Association Resource Center report an average ROI of seven times the cost of employing a coach.
- According to one study, coaching had a 221% ROI. (International Society for Performance Improvement).
2009 ICF Global Coaching Client Study (infographic here).
80% of people who receive coaching report increased self-confidence. Over 70% benefit from improved work performance, relationships, and more effective communication skills. 61% of coaching clients report improvement in business management skills.
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