Updated ROI Calculator

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INTRODUCTION

My name is Curt Skene and I am the Founder of the Career Network Club. Over the past 15 years, I have helped thousands of unemployed Canadian business professionals land back on their working feet again.

One question many job seekers often ask is, “Why do I need to hire a career coach?” or sometimes I hear “I don’t have a job so I can't afford to hire a career coach.”

Well, this easy-to-use ROI Calculator will help you to put both of these questions to rest.

The premise is very simple. Hiring a good career coach should definitely help you get hired faster. Therefore, the shorter you are off the less income you lose.

Do me a favour and take your salary and divide it by 252. That is how much you are losing every day you are not working.

Now, let's say you could find a job on your own in 90 days but a career coach with their knowledge and tools could help you get one in 75 days the 15-day difference times your daily earning rate is the lost revenue you recover. In the end, the math is as follows:

Expected savings due to reduced salary lost - coaching fee spent

If the answer is a positive number, then you are making a good decision by hiring a coach. If it's a negative number, then it may not be the right decision for you. Now, of course, one thing this calculator cannot do is assess your willingness to seek advice and how well you will listen to someone else. Your ability to be a good student is something you need to decide.

Spoiler alert: If your target income is greater than $65K then the answer is almost always “YES, hiring a career coach is a good decision”. In this case, all this calculator will do is show you the numbers to support your already wise decision.

To make our estimate more accurate I have built in some assumptions for the value of the various coaching services typically offered by coaches because we want this to be a fair reflection of the Career Coaching ROI you can expect.

The assumptions are as follows,

Coaching (including, coaching tools, process plan) 5%

Interview Training 2%

LinkedIn Profile 2%

Networking, Lead Gen 2%

Offer Negotiation Coaching 1%

Resume 2%

Soft Skills Training 1%

Webinar 2%

Other ____ 2%

* % faster to getting hired.

Hope it helps!

Curt Skene
Founder
CAREER NETWORK CLUB
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Can I start by asking your first name?* This field is required.
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Which email address should we send your results to, {FirstName}?* This field is required.Don't worry we won't spam you.
example@example.com
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What is your target salary, {FirstName}?* This field is required.
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How many months do you think it will take you to find a suitable job on your own, {FirstName}? * This field is required.HINT: The industry average is one month for every ten thousand in salary you make.
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Days* This field is required.The industry average is one month for every ten thousand in salary you make.
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Estimated working days in a year?* This field is required.
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Career Coaching Percentage %
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Soft Skills Training Percentage%
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Resume Writing Percentage%
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Interview Skills Percentage%
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LinkedIn Percentage%
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Job Offer negotiation Percentage%
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Networking Percentage%
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Webinar Percentage%
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Other Percentage%
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What is the coaching fee that has been suggested, or you would consider, {FirstName}?* This field is required.How much are you prepared to pay a career coach to help you get back to work faster/ (In our case it is safe to assume $1200)
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Which of these career services will you be offered, {FirstName}?* This field is required.
Career Coaching (includes tools)
Soft Skills Training
Resume Writing
Interview Skills
LinkedIn Coaching
Job Offer Negotiation
Networking
Webinar
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Salary for 1 day $
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Salary for days$
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Total Percentage
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{FirstName}, we have estimated that by using a career coach your recovered salary in {howMany53} months will be$
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Fee
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WE SUGGEST YOU HIRE A COACH

So, {FirstName}, based on the input you provided we have calculated a Career Coach will likely help you land {totalPercentage}% faster therefore you should recover ${typeA69} in lost income.

So YES in your case, {FirstName}, we believe hiring a Career Coach is a good investment!
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WE DO NOT RECOMMEND HIRING A COACH

So, {FirstName}, this may surprise you but based on your salary, your estimated length of job search, and the coaching services you will be receiving we have calculated a career coach could cost you more than the lost wages you will be recovering so, hiring a career coach at ${whatIs9} doesn't really make sense!
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