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Industrial Organizational Psychology Salary
Industrial organizational psychology is a branch of psychology that is dedicated to studying employees, organizations and the workplace. The aim of industrial psychologists is to examine ways to help people improve their performance in the workplace as well as a person’s overall well-being. The field of industrial organizational psychology first developed in the 19th century. It did not began to gain prominence until after World War II, but now is one of the leading psychology fields. The industrial organizational psychology salary can rival most other psychology salaries.
The minimum education that is needed to work in the field of industrial organizational psychology is a bachelor’s degree. However, most people go on to earn their master’s degree or Ph.D. It is also important to note that people who have graduate degrees have more job opportunities. Those who only posses a bachelor’s degree are limited to working in human resources, while people with a Master’s degree or Ph.D. have many other job opportunities.
Job Description
The job outlook for industrial organizational psychologists is expected to be great. Many companies are expected to hire these type of psychologists because they have been shown to help increase the productivity of workers. Industrial organization psychologists are also needed for research purposes, which further increases the number of jobs available. According to the 2010 Occupational Handbook, there are over 1400 industrial organizational psychologists working in the United States.
This is a great field to be in because not only are there many job opportunities, there is also the chance to work for one’s self. Self-employed industrial organizational psychologists has the chance to establish their own clientele as well as their own schedule. This is great for those who are self-starters and want the freedom and flexibility that comes from working from one’s self. Additionally, the industrial organizational psychology salary is also higher than that of many other professions.
What is the Industrial Organizational Psychology Salary?
The industrial organizational psychology salary can vary greatly, but people who work in this field bring in a pretty decent income. According to the May 2010 Occupational Handbook, the average industrial organizational psychology salary was $114,000 dollars annually. People who work in colleges and universities make about $70,000 per year. Industrial organizational Psychologists who work in the field of research make about $83,000 per year. Those who work in the field of management and consulting have the chance to earn one of the highest salaries. They make about $158,000 per year.
The industrial organizational psychology salary also depends on the state that one lives in. Massachusetts, Texas, Maryland, Ohio and Missouri have the highest salaries in the country. These states also have the most job opportunities for an industrial organizational psychologist.
Even though the industrial organizational psychology salary is very high, most do not do it solely for the money. Being in the field of industrial organizational psychology gives a person a chance to make a difference in the lives of others by helping employers reach their potential. Being able to help people improve their performance in the work place is what is most rewarding about this profession.
