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Industrial-Organizational Psychology Salary

Find out what kind of salaries you should expect in the Industrial-Organizational Psychology field

If you're interested in industrial-organizational psychology, you've chosen a field that offers an almost limitless number of career opportunities, and well paying salaries to match. Salaries for professionals working in the Industrial-Organizational Psychology (I/O) field are some of the highest paid among psychology careers, and higher than average salaries for all U.S. jobs.

As per the U.S. Bureau of Labor Statistics, in May 2014 the Industrial and Organizational Psychologists earned a median wage of $43.30 hourly, or $90,070 annually. The top 10% Industrial-Organizational Psychologists earned more than $145,480 annually [BLS]. Of course, like all other jobs, salaries are higher in some parts of the country than others, and those with master's or PhD's typically earn more than those with bachelor's degrees.

A 2012 Income and Employment Survey of the membership of the Society for Industrial and Organizational Psychology (SIOP) showed that members who live in Manhattan, other New York metro, San Francisco/San Jose metro, and Los Angeles metro areas reported the highest median incomes. But government positions located in other cities also pay well, especially when adjusting for the cost-of-living in places like New York where housing costs are considerable higher than the national average.

According to PayScale.com, salaries for I/O government employees, typically thought of as lower paid than those working in the private sector, are some of the highest in the field. PayScale.com also states that I/O psychologist salaries are higher for those with organizational development skills, or those who focus more on the "organizational-side" of the industrial-organizational career. Typical "O-side" careers focus more on organizational development and effectiveness rather than the processes involved with hiring and retaining employees - which reside more on the "industrial-side" of the career.

Organizations look at several factors when considering prospective candidates, such as years of experience, areas of specialization, and education level. The following chart lists average salaries for typical I/O job titles and openings. The data is updated as of 2nd May 2015.

Industrial / Organizational Psychology Salaries
Job Title *Average Salary

Industrial-Organizational Psychologists

$90,070

Workforce Development Manager

$53,462

Talent Director

$96,409

Assessment Specialist/Manager

$55,422

Professional Development Manager

$67,996

Organizational Development Specialist

$59,540

Trainer

$69,000

Measurement Manager

$80,000

Organizational Effectiveness Director

$111,120

Organizational Development Director

$111,120

Practice Manager

$55,981

Research Analyst

$51,255

Senior Research Associate

$69,043

Consultant, Human Resources

$66,700

* all salaries reported by simplyhired.com/BLS as of 2nd of May 2015

If you enjoy helping others, working with statistics and quantitative tools, and desire a career with several options in diverse settings that offer competitive wages, you should consider a career in I/O psychology. Contact schools offering bachelor's degree programs in psychology, master's degree programs or PhD programs in industrial-organizational psychology.

Industrial Psychology Schools
 
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