Industrial Organizational Psychology Entry Level Jobs Salary
Industrial-organizational psychologists work in a wide range of industries and settings, including human resources, marketing, sales, training and development. They are responsible for helping businesses hire the right employees and manage their performance, as well as developing ways to improve the productivity and efficiency of the organization. Their main responsibilities include:
- Conducting research on job applicants’ performance on tests and interviews
- Creating psychological tests to measure job applicants’ personality traits or abilities
- Conducting psychological assessments on employees’ strengths and weaknesses
- Assessing employees’ motivation levels and interests to determine whether they will be successful in their current jobs
- Identifying opportunities for improvement in workplace culture or processes that could increase employee satisfaction or productivity
- Creating training programs that teach new skills to employees
Industrial Organizational Psychology Entry Level Jobs Salary
Industrial-organizational psychology studies human behavior within organizations and works to better the function of such organizations using scientific theories.
Industrial-organizational psychology has somewhat become the ‘hot’ branch of psychology, as business owners are becoming increasingly aware of the benefits of the field. In particular, industrial-organizational psychologists work to increase employee productivity, increase efficiency, lower staff turnover rate, and improve morale and employee quality of life.
As a consequence, the average salary for industrial-organizational psychologists is one of the highest within the field of psychology. To learn more about the role and the factors affecting salary, take a look at the information below.
How much does an industrial-organizational psychologist make?
Industrial-organizational psychologists are amongst the highest earners working within the field of psychology.
According to the U.S. Bureau of Labor Statistics, the mean annual wage for industrial-organizational psychologists working in the US is $112,690. However, it is also estimated that the lowest 10% of earners make less than $57,440 per year, and the highest 10% of earners make more than $192,000 per year.
Factors affecting salary
There are many factors that affect the earning potential of an industrial-organizational psychologist. Like all careers, experience and specialization can significantly affect one’s salary. However, for industrial-organizational psychologists, some particular factors play a much larger role than you might expect.
- Education
An individual with a master’s degree in industrial-organizational psychology can expect a starting salary in an entry-level position of around $64,000 per year. Whereas, someone with a doctoral degree in industrial-organizational psychology can expect a starting salary in an entry-level position of around $78,000.
- Work environment
Individuals who are either working in the private sector or as university professors can expect to obtain a salary that is on the higher end of the scale.
Further, after years of experience, some individuals choose to become self-employed or take on a consultancy role. These roles have been known to earn upwards of $250,000 per year.
- Location
Location plays an important role in the availability of industrial-organizational jobs, in addition to their salaries.
Industrial-organizational psychologists are more in-demand in larger cities. This is because larger corporations tend to be more interested in the type of growth that industrial-organizational psychologists bring. Salaries also tend to be higher in such cities.
In smaller cities and more rural areas, businesses will still likely be interested in hiring industrial-organizational psychologists. However, there is far less competition in such areas, and the salaries tend to reflect this.
Which state has the best pay for industrial-organizational psychologists?
The average salaries for industrial-organizational psychologists also vary significantly depending on the state.
The best-paying states for industrial-organizational psychologists are:
- California
In California, the annual mean wage for industrial-organizational psychologists is $119,100. This is just under 6% more than the average salary for the profession.
- New Jersey
In New Jersey, the annual mean wage for industrial-organizational psychologists is $106,570.
- Ohio
In Ohio, the annual mean wage for industrial-organizational psychologists is $98,770.
The role of industrial-organizational psychology is one of the most lucrative career paths within the field of psychology. However, salary expectations for this position do depend heavily on education, work environment, and location.
Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| Top Earners | $111,965 | $9,330 | $2,153 | $54 |
| 75th Percentile | $62,442 | $5,203 | $1,200 | $30 |
| Average | $51,276 | $4,273 | $986 | $25 |
| 25th Percentile | $34,450 | $2,870 | $662 | $17 |
How much does an Entry Level Industrial & Organizational Psychology make in Washington, DC?
As of Jun 3, 2022, the average annual pay for an Entry Level Industrial & Organizational Psychology in Washington is $51,276 a year. Just in case you need a simple salary calculator, that works out to be approximately $24.65 an hour. This is the equivalent of $986/week or $4,273/month.
While ZipRecruiter is seeing salaries as high as $144,801 and as low as $20,455, the majority of Entry Level Industrial & Organizational Psychology salaries currently range between $34,450 (25th percentile) to $62,442 (75th percentile) with top earners (90th percentile) making $111,965 annually in Washington.
The average pay range for an Entry Level Industrial & Organizational Psychology varies greatly (as much as $27,992), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.
Based on recent job postings on ZipRecruiter, the Entry Level Industrial & Organizational Psychology job market in both Washington, DC and the surrounding area is very active.
To estimate the most accurate annual salary range for Entry Level Industrial & Organizational Psychology jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.
