Industrial-Organizational Psychologists: Salary, Job Description, How To Be One and More

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Industrial-Organizational Psychologists jobs information
pros and cons of being an Industrial-Organizational Psychologist

Industrial-Organizational Psychologists

Other names for this job might include Assessment Services Manager, Assistant Vice President, Assessment Solutions, Consultant, Consulting Hr Professional, Consulting Psychologist, Corporate Director, Talent Assessment, Customer Leader, Director, Learning and Development, Director, Learning Services, Director, Selection and Administration


  • $92320
    Salary
  • 69%
    Job satisfaction
  • Hard
    Becoming one
  • High
    Job growth
OwlGuru Rank

B+



I/O Psychologists: Know It All In 1 Minute


In this career summary, you will find out what the job of An I/O Psychologist is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

Industrial-Organizational Psychologists apply principles of psychology to human resources, administration, management, sales, and marketing problems. Activities may include policy planning; employee testing and selection, training and development; and organizational development and analysis. May work with management to organize the work setting to improve worker productivity.

  • Formulate and implement training programs, applying principles of learning and individual differences.
  • Conduct research studies of physical work environments, organizational structures, communication systems, group interactions, morale, and motivation to assess organizational functioning.
  • Conduct presentations on research findings for clients and at research meetings.
  • Provide expert testimony in employment lawsuits.

Read more about what does An I/O Psychologist really do at work and what is it like being and working as one.


Become one

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Salary

Average salary
$92320 per year

Hourly wage
$44.38 an hour


I/O Psychologists with little to no experience tend to make between $52270 and $65940 while the more experienced ones make over $110740 per year.

Top 5 paying statesHourlyAnnual
CA$58.13$120910
PA$50.37$104770
MN$45.83$95330
MA$44.95$93500
OH$40.52$84290

1 of the easiest ways to increase your salary as An I/O Psychologist is to move to a higher paying state like CA. Right now, the highest paying states for I/O Psychologists are CA, PA, MN, MA and OH.

However a higher pay at CA doesn’t guarantee that you will make more because the living expenses at CA might be 2x higher than where you are currently at now.

3 other factors that can increase your salary as An I/O Psychologist is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).

Find out how much do successful I/O Psychologists make and if their salary is high when compared to all the other careers.


Requirements

Recommended degree level
Doctoral Degree

We asked other I/O Psychologists what degree they had when they got the job and most of them said they had a PhD followed by Master’s degree.

Other than that we also asked them what did they major in and here are the most popular majors that came up.

Psychology, General
Industrial and Organizational Psychology

Another popular question from our readers is what makes An I/O Psychologist successful or would they be good in this career.

Well, we found that most successful I/O Psychologists have these 5 skillsets.

Reading Comprehension
Active Listening
Speaking
Complex Problem Solving
Judgment and Decision Making

In addition to that, 1 common characteristic among successful I/O Psychologists is they are good at Analytical Thinking. Here are the top 5 common characteristics.

Analytical Thinking
Initiative
Integrity
Dependability
Achievement/Effort
= Hot in-demand that most employers are looking for

Read more about what it really takes to become An I/O Psychologist and the degree, training and education you need


Pros and Cons

Here are some reasons why you should and shouldn’t choose An I/O Psychologist as your career.

PROS
Suitable for people who likes to solve problems mentally
Suitable for people who wants job security and a good working condition
This career is perfect for people who love to work indoors.
Very high salary (top 25% highest paid careers)
CONS
Not suitable for people who likes practical and handson work
It is very hard to get into this career. Extensive skill, knowledge, and experience is required for this career.
Long working hours (More than 40 hours per week)


There will be pros and cons for all jobs. The point is how much do the pros outweigh the cons to you.

A pro to you might be a con to Bob. A pro to Bob might be a con to you. We suggest reading about this career framework that can help you to find out what type of careers are right for you.



What is the job like

Job satisfaction
69%

Is this job meaningful
65%


Working hours
More than 40 hours per week

Working schedule
Regular (Set schedule and routine)


On a normal working week Industrial-Organizational Psychologists work More than 40 hours per week.

69% of I/O Psychologists said they were satisfied with their job and 65% said they feel like their job is making other people’s lives better.



Is this right for me

Best personality for this career
The Thinkers and The Persuaders


You can read more about these career personality types here.

People who are suitable for this job tends to like working with ideas, and require an extensive amount of thinking. They like searching for facts and figuring out problems mentally.

They also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.



How we can help

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Rank: B
Salary: $54730

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Career type

Social Science and Humanities
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Related to Industrial-Organizational Psychologists Career Information

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Additional resources

http://www.bls.gov/OOH/life-physical-and-social-science/psychologists.htm
http://www.siop.org/
http://www.asppb.net/
http://www.apsanet.org/

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Industrial-Organizational Psychologists
Written by: Stanley Tan
I/O Psychologists apply principles of psychology to human resources, administration, management, sales, and marketing problems. Activities may include policy planning; employee testing and selection, training and development; and organizational development and analysis. May work with management to organize the work setting to improve worker productivity.
4.5 / 5 stars

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