Industrial Organizational Psychology Salary

By Sarah Stevenson

There's no doubt about it—I/O psychologists are in high demand in a wide range of industries. In fact, the Bureau of Labor Statistics (BLS) reports that I/O psychology is one of the highest-growth areas of psychology, with 26 percent growth in jobs expected through 2018.

The BLS attributes these sunny job prospects to an increased need for psychologists' expertise in areas such as research, marketing survey design, data analysis, improving workplace diversity and boosting productivity. And the rewards are high for those with the expertise to address these issues—industrial organizational psychology salary figures tend to be higher than earnings in other areas of psychology. 

Of course, for an industrial psychologist, salary will vary according to a number of factors, not least of which is education level. Although many jobs are available for I/O psychologists with a master's degree, it's more common for I/O psychologists to seek out doctoral-level training. Salaries for those with a PhD or PsyD are higher, and the range of job opportunities is wider, too.