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Talent Development Leader

Is Coaching Worth It?

Find out whether the benefits outweigh the expense and effort.

By

Tue Jan 21 2025

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For organizations, coaching leads to lower turnover rates and increased productivity. For employees, coaching increases skills, performance, job satisfaction, and engagement.

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.

by numbersWinter2025 1

Sources

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

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