Though the number of Industrial-organizational (I-O) psychologists in the U.S. is small (currently just over
1,000), I-O is one of the
fastest growing and
highest paying fields in the nation.
Annual Salaries of Industrial-Organizational Psychologists
The I-O Psyhcologist national mean salary is $104,570, which is 110% higher than the avg mean wage for
All Occupations listed in the BLS and 10-33% higher than average mean wages for all other Psychology careers listed in the
BLS.According to the Bureau of Labor Statistics (2016 data), the median wage for industrial-organizational psychologists is $39.79 per hour and $82,760 per year. The lower 10th percentile median annual wage is $52,950 annually and upper 90th percentile is $184,380.As is the case with most jobs, salary figures will vary depending on what part of the country you live in, your level of education, and years of work experience.
Salaries by Popular Job Title
The following are annual median salaries for industrial-organizational psychologists by
BLS job title.
| Occupation | Annual Median Wage |
| Research and Development in the Social Sciences and Humanities | $149,000 |
| Scientific Research and Development Services | $139,690 |
| Professional, Scientific, and Technical Services | $120,750 |
| Research and Development in the Physical, Engineering, and Life Sciences | $120,380 |
| Management of Companies and Enterprises | $110,760 |
| Cross-industry, Private Ownership Only | $109,780 |
| Finance and Insurance | $105,310 |
| Cross-industry, Private, Federal, State, and Local Government | $97,260 |
| Health Care and Social Assistance | $81,700 |
| Management, Scientific, and Technical Consulting Services | $76,820 |
| Educational Services – Privately owned | $66,380 |
| Colleges, Universities, and Professional Schools | $64,540 |
| Educational Services | $63,170 |
| Federal, State, and Local Government | $61,290 |
Salary by Gender
The salaries for industrial-organizational psychologists vary by gender in 2015 as shown below. Median income levels have increased at an average yearly rate of 2.98% for men and 3.29% for women.
- Women – $104,750
- Men – $116,779
Sources
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