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Investment Advice for Job Seekers

If you’re out of work, you have to husband your resources. It may take a while before you’re back in the game, after all. You have rent or mortgage payments to make, groceries to buy, credit card bills to pay off. So why would you go and spend money on a career coach?

Do the math: find out why hiring a career coach is a phenomenally smart investment, with better returns than anything your bank can sell you!

An important issue when hiring a career coach is always “Will I get value for my money”? Besides doing your due diligence - that is: asking for references and getting a good understanding of what a career coach can do for you - the money involved is an investment. An investment in yourself, much like taking an advanced course to improve your employability. But as with any investment, the questions about the return on that investment need to be answered.

Working with a career coach offers you a chance to improve your job hunting skills, your interviewing performance, and helps you identify and prepare for new and interesting challenges. Through the guided application of career marketing techniques, you will gain faster and better access to new and interesting job opportunities - that are never advertised. What do you stand to gain?

Client Quote: “As an endorsement, I would say that working with this career coach has been the best move I have made since getting my SIN.” Don S.

Example. Let’s say your earnings potential is in the $60K range; that’s roughly $5,000 gross per month. Imagine that working with a career coach can shorten your search by one, two or perhaps even three months. That means, that you will start earning $5,000 or more at an earlier date. General rule of thumb is that a job search takes about one month for each $10K of annual salary - doing it on your own, and relying primarily on newspaper ads and internet postings.

In this example, it could take you at least 6 months to find a position paying $60K that way. If a career coach can help you reduce that time by one month, you will have earned a return on your investment of $5,000 - that you would not have earned otherwise. Let’s say that you paid $2,500 for three months of coaching - your ROI is 200%! Imagine the ROI if a coach can help you shave two, even three months off a job campaign!

Value for money? You bet! 

Last updated on Jan 15, 2006 at 04:35 PM
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