I/O Psychologists Salary 2017: How Much Money Do They Make

Stanley TanLeave a Comment



hourly pay for Industrial-Organizational Psychologists
do Industrial-Organizational Psychologists make a lot of money

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


  • $104570
    Salary
  • 69%
    Job satisfaction
  • Hard
    Becoming one
  • High
    Job growth
OwlGuru Rank

B+



How Much Successful I/O Psychologists Make In 2017


In this salary guide, you will find out how much do Industrial-Organizational Psychologists make.

After reading this, you will be able to make a decision if working as an Industrial-Organizational Psychologist will suit your financial goals (e.g: buying a home, BMW or just your target salary goal).



Average salary

Annual salary
$104570 per year

Hourly wage
$50.270 per hour


1 of the most popular questions we get from our readers here at OwlGuru is how much do I/O Psychologists make per year and what is their hourly wage.

According to BLS, the average annual salary of I/O Psychologists is $104570. Their salary can also be as low as $52950 if you’re still a newbie with no experience to over $184380 if you have a ton of experience under your belt.

The typical hourly pay is $50.270 and can range from $25.460 to $88.640 which also depends if you’re a newbie or a professional.

Just like any other job, the salary of An I/O Psychologist will vary based on your education and experience level.

# = Over $100 per hour or $200,000 per year.
Salary rank
A

We wanted to make it easy for our readers to compare the salary of An I/O Psychologist to all the other careers out there. So we created Salary Rank.

This compares the salary of all careers and we give them a rank of A, B, C or D depending on how high or low is their average salary.

After comparing how much do I/O Psychologists make with other careers, they have a salary rank of A.



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Salary range

LevelHourlyYearly
Highest (Top 10%)$88.640$184380
Senior (Top 25%)$66.110$137510
Middle (Mid 50%)$39.790$82760
Junior (Bottom 25%)$31.920$66390
No experience (Bottom 10%)$25.460$52950


Entry-level I/O Psychologists who starts out at $66390 can expect to make $82760 after 3-5 years of experience in the field.

The bottom 10% makes less than $25.460 per hour while the top 10% makes over $88.640 per hour.

While the median wage is $82760 per annum or $39.790 per hour.

Depending on who you work for, you might also get overtime pay.

# = Over $100 per hour or $200,000 per year.


Highest paying industries

Industry nameHourly wageAnnual salary
Educational Services, Privately owned54.39113120
Research and Development in the Social Sciences and Humanities54.38113110
Scientific Research and Development Services53.15110550
Architectural, Engineering, and Related Services50.69105430
Management of Companies and Enterprises48.44100750
Educational Services (including private, state, and local government schools)46.8497430
Health Care and Social Assistance (including private, state, and local government hospitals)46.4696650
All industries, private ownership only45.394230
Professional, Scientific, and Technical Services43.8491200
All industries43.390070
Local government, including schools and hospitals42.3588090
Manufacturing41.7686870
Elementary and Secondary Schools (including private, state, and local government schools)39.9883160
Elementary and Secondary Schools, Local government owned39.9883160
Management, Scientific, and Technical Consulting Services39.9583110
Educational Services, Local government owned39.4882130
Colleges, Universities, and Professional Schools (including private, state, and local government schools)38.4880040
Federal, state, and local government, including government owned schools and hospitals, and the US Postal Service37.6178230
Federal, State, and Local Government37.4777940
Federal, State, and Local Government, excluding state and local schools and hospitals, and the US Postal Service37.4777940
State Government, excluding schools and hospitals36.0174900
State government, including schools and hospitals35.4973810

Not all industries pay the same for Industrial-Organizational Psychologists.

1 of the easiest way to increase your salary is to change industries and find a higher paying one.



Highest paying states

StateHourlyAnnual
CA$58.13$120910
PA$50.37$104770
MN$45.83$95330
MA$44.95$93500
OH$40.52$84290
NC$38.65$80390
FL$37.22$77420
WV$37.06$77090
0$0$0
0$0$0

Another simple way to boost your pay as An I/O Psychologist is to move to a higher paying state. However moving to a higher paying state like CA doesn’t mean you will make more overall. This is because the expenses at CA may be 2x higher than where you are currently living at right now.

According to the BLS, the highest paid / most successful I/O Psychologists are in the states of CA, PA, MN, MA and OH. The average salary in CA is $120910.



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Rank: B
Salary: $54730

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Rank: A
Salary: $88740

They teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
Rank: A
Salary: $101910

They plan, direct, or coordinate research, instructional, student administration and services, and other educational activities at postsecondary institutions, including universities, colleges, and junior and community colleges.
Rank: A+
Salary: $114140

They plan, direct, or coordinate human resources activities and staff of an organization.
Rank: A
Salary: $69230

They teach courses in communications, such as organizational communications, public relations, radio/television broadcasting, and journalism. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.





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Related to Industrial-Organizational Psychologists Salary

Industrial-Organizational Psychologists salary, how much do I/O Psychologists earn, Industrial-Organizational Psychologists hourly wage, Industrial-Organizational Psychologists annual pay, highest paying industries for I/O Psychologists, which states pay the highest for I/O Psychologists

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
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.
4.5 / 5 stars

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