What do Industrial and Organizational Psychologists do?
According to the Society for Industrial Organizational Psychologists (SIOP) it is science for a smarter workplace. I-O Psychologists are the liaison between the bottom line and employee satisfaction. By using psychology and best practices in business, it is their job to increase employee satisfaction, which reduces turnover, and increases productivity, which increases profitability. As you would imagine, this is sought after by businesses. It is like Human Resources that’s also dedicated to the businesses’ profitability. It’s a hybrid field between business and psychology. Statistics and scientific analyses are often used to make sense of how a business can improve, and employee tests, surveys, and interviews are some methods used to determine employee satisfaction. The goal is to make the company a better place to work, and make the company more profitable.
What is the average salary?
According to the Bureau of Labor Statistics, the mean annual wage is $104,570.00 as of 2016. This is $50.27 per hour.
What is the projected job growth?
The projected job growth is 53% between now and 2022, which is 900 more jobs, according to the BLS.