Do "work coaches" actually - work?

There’s a female CEO and founder I admire greatly. I admire her for many reasons, one being she has offered workplace and executive coaching to her entire 200+ person employee base for years.

Even at the most economical rate, this is not a small amount of money to spend on a perk. (And don’t get me started on the exorbitant rates charged by the dime-a-dozen, grifter-New Age-Instagram 💪Work Coach💪 type either).

Now, it’s easy to be Devil’s Advocate (if you like being that guy) and say:

“Well, it actually saves her money because executives and employees who can work together well and communicate better and solve conflicts and problem-solve actually deliver more value and therefore it’s actually a very capitalist thing for her to do so it’s not THAT admirable.”