While there are some job opportunities at the master's degree level, those with a doctoral-level degree in industrial-organizational psychology are in greater demand and command significantly higher salaries. Clinical Psychologists Earnings and Job Outlook, Psychology Career Specialty Areas and Education. Ever wonder what your personality type means? Because I/O psychologists comprise such a small number of jobs, the number of jobs will only increase to 800 over 2010 to 2020. What Exactly Do Industrial-Organizational Psychologists Do? Is the Job Outlook for Psychologists Rosy or Gloomy? I love the flexibility I will have in terms of job duties and settings and hopefully, I'll spend my work hours making someone's life more fulfilling.". Instead, look at the entire career as a whole including the educational and licensing requirements, job outlook, work settings, and typical job duties. Don't let a single factor, such as projected salary, guide your decision-making process. Ⓒ 2020 About, Inc. (Dotdash) — All rights reserved. In addition to hospitals, these psychologists can be found in outpatient mental health and substance abuse clinics, conducting such research as helping to find alternatives to pain management through biofeedback. CNNMoney.com also noted some of the advantages of psychiatry including low overhead costs and fairly low malpractice insurance rates. According to the U.S. Bureau of Labor Statistics, the overall employment of psychologists is expected to grow by 22 percent from 2010 to 2020. Thank you, {{form.email}}, for signing up. Learn more in this article on careers in school psychology. According to the Bureau of Labor Statistics, jobs in industrial-organizational psychology are expected to grow by a whopping 53 percent through the year 2022. In 2012, the median salary for industrial-organizational psychologists was $83,580. Psychology majors are often ranked as some of the most underpaid and underemployed college grads, but there is one key caveat to remember — most of these lists are referring to students who have graduated with a bachelor's degree in psychology. A growing student population requires more school psychologists. Daily Tips for a Healthy Mind to Your Inbox, things you can do with an undergraduate degree. American Psychological Association: Careers in Psychology, The U.S. Bureau of Labor Statistics: Psychologists -- Job Outlook, Helping Psychology: Most Popular Psychology Jobs. Some of the major reasons why school psychology made the list include: Of course, looking at statistics can never offer a full view of the many aspects of a job. Industrial-organization psychology is expected to see a growth of 35 percent, faster than the national average for all occupations. These psychologists address patients' mental health concerns such as depression, stress, PTSD, autism, and addiction. Job Ideas for People With a Masters in Clinical Psychology, The Salaries for Undergraduate Microbiologists. Psychologists can have duties ranging from research, diagnosing, treating, consulting, teaching, and testing intelligence and personality. Johnny Kilhefner is a writer with a focus on technology, design and marketing. You can use the Salary Wizard provided by Salary.com to get a better look at typical earnings in your field and geographic area. Don't let a single factor, such as projected salary, guide your decision-making process. Graduates usually gain employment in management, administration, sales, social work, real estate, insurance, and marketing. The U.S. Department of Labor suggests that the demand for psychologists will grow approximately 12 percent over the next decade, about the average amount for all occupations. Many psychologists work in health care, but there are several other in-demand jobs in psychology. Instead, look at the entire career as a whole including the educational and licensing requirements, job outlook, work settings, and typical job duties. Kendra Cherry, MS, is an author, educational consultant, and speaker focused on helping students learn about psychology. I-O psychologists work in a wide variety of settings that include universities, research facilities, private businesses, and government agencies. Psychology careers sometimes get a bad reputation on the inevitable "best careers" lists that are released by various sources each year. These psychologists work with those with special needs and learning disabilities, and also with students suffering from behavioral issues. If you are considering school psychology as a career, spend some time carefully researching your options in order to determine if this field is a good fit for your personality, needs and long-term goals. Those with a doctoral degree have a greater advantage than those without one. Of course, wages can vary based on a variety of variables including education, training, and location. This only proves that psychology produces competent and skilled employees. Despite these often grim career predictions, there are several bright spots. Jobs in marriage and family therapy, as well as medical and public health social work, also made the list. What Is Required to Become a Doctor of Psychology? Of these, 40 percent rated the job market as "good" or "excellent. Writing for more than five years, he has contributed to Writer's Weekly, PopMatters, Bridged Design and APMP, among many other outlets. Careers in clinical and counseling psychology are expected to grow especially fast due to the greater demand for clinical and counseling psychologists in hospitals, mental health centers, and social service agencies. One sub-specialty area of the field involves working in human resources management to screen and hire job … Current Statistics of School Psychologist Salaries, 80+ Psychology-Related Careers to Consider, Clinical Psychology Careers Training, Salary, andOutlook, How Industrial-Organizational Psychology Helps Improve Workplaces. According to U.S. News and World Report, school psychology ranked at number 31 on their list of the 100 best careers. Sign up to find out more in our Healthy Mind newsletter. Some careers, however, are predicted to grow much faster and regularly make the annual "best of" lists that pop of on different career websites. However, licensure in psychology is a definite advantage in the employment … A few of the issues that industrial-organizational psychologists may tackle include: Learn more about the field of I-O psychology as well as what it takes to become an industrial-organizational psychologist. The U.S. Department of Labor suggests that the demand for psychologists will grow approximately 12 percent over the next decade, about the average amount for all occupations. While these psychologists primarily focus on mental and behavioral health, they also work together with other health care professionals to establish interdisciplinary wellness programs. ", Candidates for positions requiring only a master's degree are under dense competition, with many actually taking a position outside of psychology. Careers in psychiatry also ranked high on the survey. Verywell Mind uses only high-quality sources, including peer-reviewed studies, to support the facts within our articles. Clinical and counseling psychologists are also needed to address mental health concerns unique to the aging population, such as Alzheimer's. Growth in this area is attributed to the increased use of psychologists in companies' selection of employees and identification of areas in need of improvement. If you are considering clinical psychology as a career, spend some time carefully researching your options in order to determine if this field is a good fit for your personality, needs, and long-term goals. Some of the key reasons why clinical psychology ranked so highly included: Of course, looking at statistics can never offer a full view of the many aspects of a job. At least 73 percent found jobs within three months of earning their doctorate. The following are just a few of these specialty areas that are highly ranked in terms of demand, pay, working conditions, and projected growth. Is a Career in Industrial-Organizational Psychology Right for You? School psychologists research factors at school and at home that contribute to behavior, and seek to help students overcome challenges. Degree holders end up getting some of the highest paying jobs in psychology. In 2014, the Occupational Outlook Handbook published by the Bureau of Labor Statistics named I-O psychology as the single fastest-growing career of the next decade.
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