October 17, 2017

Psychology Jobs: Industrial Organizational Psychologist

A less well-known specialty for people with degrees in psychology is the growing field of industrial/organizational psychology. People in industrial and organizational psychology jobs may start out assisting human resources departments, developing hiring strategies and disciplinary methodologies, and may advance to the level of human resources director or another higher-level management position. They may also analyze business processes to help streamline them, benefiting both the company and the workers by eliminating waste and unnecessary drudgery.

Organizational or industrial psychologists may work for a corporation or government entity, or may be self-employed and work as consultants. An industrial psychologist who has recently graduated with a bachelors degree may start out earning $35,000 to $40,000 per year, and with a masters degree in psychology or a PhD in psychology, in addition to years of experience, may eventually make around $150,000 depending on where they work, who they work for, and how much in demand their specialties may be.