Interviews have shown that Peloton instructors make anywhere from a six figure salary all the way up to over $500,000 in total compensation.
Peloton is now a publicly traded company, with thousands of employees spread out across the world. The company sells their products in the US, Canada, the UK, Germany, and Australia.
Even with all of these employees, the Peloton instructors remain the public face of the company. They are who the members virtually interact with on a day to day basis – which means the coaches are who members associate most with the company.
With this pressure and importance to the company – Peloton fitness instructors are well rewarded for their work.
Peloton Instructor Salaries – How much does a Peloton Instructor Gets Paid?
As with any company, the salary range for each Peloton coach varies based on their specific role, experience, and other factors – however, in several interviews a range of salaries has been alluded to for the coaches.
In 2019, Peloton instructor Jess Sims revealed that she earned a “six figure salary with stock options” in an interview with the Wall Street Journal.
An unnamed coach who was hired in 2020 was also revealed to have a “six-figure salary and bonus offer”, in a separate interview with Bloomberg.
In that same Bloomberg report, it was shared that the more senior instructors can make “upwards of $500,000 in total compensation” as of 2021 – which would include both salary, stock options, and bonuses.
How Much Do Peloton Instructors Make?
As covered above, the specific amount of money a Peloton instructor makes is dependent on their specific job and experience.
When the company was starting out, the company likely had to pay more money for the first instructors to lure the talent they needed to create classes that would bring in new members and keep them coming back day to day.
As the company and platform has grown, working at Peloton has become more desirable, and there are people beating down the door to try to work at the company – meaning Peloton doesn’t necessarily have to offer quite as much money as they would have before. However, they still want to attract the best talent, so will still pay their instructors very well, whether they are teaching on the Bike, Tread, Yoga, or any of the other workout types.
Peloton instructors are also able to make advertising deals & partnerships with other companies as well. Just visit any instructor’s Instagram page, and you’ll find them sharing paid posts with several brands. This is a way for the coaches to supplement their income, as well as promote other companies they support and believe in.
How Much Does Cody Rigsby (Peloton Instructor) Make?
Over the last year, Cody Rigsby was catapulted into the spotlight thanks to his appearance on Dancing With The Stars. As such, that has made people very curious about how much money he is making with Peloton.
In addition to being a senior instructor, Cody Rigsby is also the Director of cycling at Peloton – he was personally responsible for recruiting & helping with hiring many of the newer instructors to work at Peloton in the early days of the company.
With this added responsibility, comes additional income – it’s widely believed he is one of those coaches who makes more than $500,000 in total compensation. Cody was recently able to purchase a nearly $1.5 million penthouse in New York City. However, this was also when Peloton stock was near its peak, and with the amount of time he has been at the company, he is assumed to have quite a bit of of net worth from that Peloton stock price.
Like many of the other coaches, Cody Rigsby has a number of external sponsorships as well that he promotes through TV commercials, traditional advertising campaigns, as well as posts through his own social media channels. It’s not known exactly the value of each of these campaigns – but Cody has worked with some large names like GM, Capitol One, and more.
How much money does Peloton CEO John Foley Make?
Peloton’s public regulatory filings have revealed that Peloton CEO / Peloton founder John Foley earned $17.8 million dollars (in total compensation, including stock awards & equity awards) for Peloton’s 2021 Fiscal Year (from July 1, 2020 – June 30, 2021).
How much money do Peloton employees make?
Peloton’s filings have also shown that the median Peloton employee earned $56,084 during the 2021 Fiscal Year (from July 1, 2020 – June 30, 2021). This includes both hourly as well as full time employees. However, in part as a result of declining stock value, it has been reported that the salary & bonus structure of showroom employees was modified due to declining demand for Peloton products.