Talent Development Leader
Is Coaching Worth It?
Content
Find out whether the benefits outweigh the expense and effort.
Find out whether the benefits outweigh the expense and effort.
Tue Jan 21 2025
Content
For organizations, coaching leads to lower turnover rates and increased productivity. For employees, coaching increases skills, performance, job satisfaction, and engagement.
For organizations, coaching leads to lower turnover rates and increased productivity. For employees, coaching increases skills, performance, job satisfaction, and engagement.
Content
The practice, however, is a costly investment. In fact, research from ICF Global Coaching predicted that the global coaching industry reached $4.5 billion in 2024. Many companies question whether the benefits outweigh the expense and effort.
The practice, however, is a costly investment. In fact, research from ICF Global Coaching predicted that the global coaching industry reached $4.5 billion in 2024. Many companies question whether the benefits outweigh the expense and effort.
![[a coaching whistle] 109,200
The number of certified coach practitioners worldwide
[a calendar with 12 boxes; three boxes are shaded black] 9 months
The average length of an executive coaching engagement
Half
of organizations rate their formal coaching programs as highly or very highly effective.
[a bar graph with 4 bars; 3 are a different color. Two people run up the bar graph like steps to achieve a flag] 3/4
of companies say a primary benefit of formal coaching programs is improved leadership and management skills.
[three stars; two are black] 1/3
of frontline leaders say they want more coaching than they currently receive from their managers.](https://assets.td.org/transform/a2972417-2f53-4904-a6b7-5080b0ac49f8/by-numbersWinter2025-1)
Content
Sources
Sources
Content
ATD, Coaching: Enhancing Leadership and Performance, 2022; DDI, Creating a Coaching Culture Is the Competitive Advantage That You Need, 2024; ICF, 2023 ICF Global Coaching Study , 2024
ATD, Coaching: Enhancing Leadership and Performance, 2022; DDI, Creating a Coaching Culture Is the Competitive Advantage That You Need, 2024; ICF, 2023 ICF Global Coaching Study, 2024
Content
Read more from Talent Development Leader.