About how much should an organization be willing to pay for a guest speaker?
About how much should an organization be willing to pay to have a consultant/speaker talk to a group of their employees (~25 people)? Or does anyone know of online resources where I can find the answer to this question? The types of consultants/speakers I'm thinking of are Myers Briggs discussion leaders or someone who would give a presentation on nutrition, etc. How much for a single 1-hour session versus a series of weekly talks over 2 months? What other factors should I consider?
The most important element is the return on investment you will get. You can negociate with the trainer/ speaker also a follow-up session. I suggest to have a minimum USD 10- k budget excluding travel and accomodation.
I agree with Andrew. Some people will charge $1000, $5000, $10,000 for an hour (depends on how well-known the speaker is). Some people will do it for free or very little (a few hundred dollars) because they see opportunities to gain clients. I'm a coach, and I've done workshops for the lower end because I can gain coaching clients from sharing some of my knowledge in the topics of communication skills, conflict management, career satisfaction and managing stress. If you want to save money, look at someone local who will not have airfare, hotels, meals, etc. to add to your costs. And the technology route is a great way to go to keep costs down.
I am a paid speaker and typically charge 5000 + travel for the type of "day" venue you are looking for. More people increases the cost and a pre-event discussion would occur to ensure understanding of the audience, goals, and any customizations that need to be developed. Weekly talks over a period of time- I would give the potential client two options- fixed price for upfront payment, and per session cost, which is a little more. Hope that helps.
Well I think Its not that why - I think we shall never think of how much to pay for a single hour speak , We cannot value one hour speak in terms of cost , We shall ask or think of the advantages or gains out of it , In terms of money I consider paying any amount for one hour speach is not much , because one our profissional speaker may change the whole situation in any company , may bring total change of clients thinking in any products ,So the most important is How to choose the right one .thx
More often than not you do get what you pay for. Make sure you are able to discuss the session with the speaker prior to the session so they tailor it to your needs. There's an oversupply of guest speakers and experts so make sure you don't settle. If it's a one off session, expect to pay higher but if you want to start a relationship with the person/organisation to begin a series of engagements, you can usually make an arrangement. Look in to mindfulness, wellness and coaching. You can do all the psychometric tests online and then have an expert come in for one session to explain the groups profile - then have a team building day focussing on the results of the team profile. Wellness and nutrition - start off with someone coming in then have incentives for staff to continue with the healthy lifestyle - more often than not the wellness expert will be able to offer this online.
Generally it can run from a few hundred dollars to well over 5000 dollars depending on everything from expertise to travel expenses.
A speaking engagement is no different than anything else you may have to hire someone for...no speaker worth their salt are going to quote you pricing here. Nor should anyone.
They would need to have a great deal more information from you in order to properly price an engagement. And sure, you can get inexpensive and you will get high fees. It all depends on YOUR goals, budget and desired outcome.
Lindsay, estimate the value/impact you expect to have as a result of speaker engaging you teams. Pay what it is worth to you. Consider investing in a professional business coach to help you make optimal decisions affecting your business.
I would answer this by assessing your expectations and what you are looking for in a speaker and seeing if you can match that with someone who has similar goals to yours. The cost is not as important I don't believe as the expectations, therefore financial remuneration should fit those expectations...I always looked at this like high price, mid price and low price speakers...And not all low price speakers are not necessarily ones to avoid, maybe they just speak part time, or speak as a hobby...I go back to expectations...
It depends on a variety of factors. Is the speaker your thinking about local or do you have to pay for flights and hotel accommodations. Is the person well-know or does he or she have a celebrity status. How far in advance are you planning on booking this person? For the topic you are discussing I would be hesitant to pay somebody more than a thousand dollars. I would go to your local university and hire a professor who may do it for free or cheap. Weekly talks over two months will be much more expensive and I would suggest changing the speakers each week.