Economist Mike Walden: Career Coaches

I’m Mary Walden with economist MW welcoming you to the economic perspective.  Today’s program looks at career coaches.   Mike, recently I read about a new occupation – career coaches.   These are people who work with individuals – usually young – who are questioning if they are on the right career path.   So what specifically do career coaches do, and are they worth it?

  1. Typical client is a college graduate, young, motivated, and mobile
  2. But not where they want to be
  3. Career coach helps them evaluate their talents, their goals, and then their options, and then form a plan
  4. Helps them fix their faults, assist presenting themselves, and in making contacts
  5. Not cheap – $200 to $400 an hour
  6. But can be worth it – it coach, for example, helps individual double their salary and be happier in their job – well worth it

And I’m Mary Walden for the Economic Perspective, an NC State Extension program from the Department of Agricultural and Resource Economics.