Industrial-Organizational Psychologists: Salary, Job Description, How To Become One, and Quiz

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I/O Psychologists career information
pros and cons of being an Industrial-Organizational Psychologist

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.

$109030
Salary
69%
Job Satisfaction
Very Hard
Becoming One
High
Job Growth
Suitable Personality

Industrial-Organizational Psychologists

Salary, Job Description, How To Become One, and More


In this career summary, you will find out what the job of an Industrial-Organizational 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.


    Read more about what does an Industrial-Organizational Psychologist really do at work and what is it like being and working as one.




    Become one

    schools for I/O Psychologists

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    Salary

    Average salary
    $109030 per year

    Average hourly wage
    $52 per hour


    I/O Psychologists with little to no experience tend to make between $51350 and $61950 while the more experienced ones can earn over $138180 per year.

    Top 5 paying statesHourlyAnnual
    CA$72$149,820
    VA$61$126,220
    NJ$58$119,700
    MN$55$114,990
    PA$47$96,730

    One of the easiest ways to increase your salary as an Industrial-Organizational Psychologist is to move to a higher paying state like CA. Right now, the highest paying states for I/O Psychologists are CA, VA, NJ, MN and PA.

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

    Three other factors that can increase your salary as an Industrial-Organizational Psychologist is the degree you hold, the industry you work in and lastly the company you work for.



    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 a 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

    Read more about how to become an Industrial-Organizational Psychologist and the degree, training and education you need.



    Pros and Cons

    Here are some of the pros and cons of being an Industrial-Organizational Psychologist.

    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 hands-on 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)



    What is the job like

    Job satisfaction
    69%

    Is this job meaningful
    65%


    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 Entrepreneurs


    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.



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