I don't know where you get your income figure for the $30,000 with a Masters. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. If you want that route, you go m.d. The highest median salaries were found for industrial/ organizational psychology ($125,000) and experimental psychology ($92,000). Approximately 32 percent of school psychologists hold a Ph.D., PsyD, or EdD degree. Helping with things such as employee selection, employee performance, human capital, etc. Is there any hope for a psych bachelor to making, say, 60k>yr by taking a couple of years of further education/training? Oh, and median salary is 65k in the states, and 85k in the area I'm hoping to live in after I graduate. (BLS.gov) Psychologists will receive different salaries based on industry: Government: $96,400 Hospitals: $86,500 Ambulatory healthcare services: $79,100 Elementary and secondary schools: $75,890 Payscale.com reports the average salary for a professional with a Ph.D. in Social Psychology is $89,000. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. (Indeed.com). And if you're wondering, this is in a state with a relatively average COL. There are surplus of ux jobs in california and other tech hub areas in the US and they are generally well paid. Not sure the pay rate but I'd imagine somewhere between 35-50 starting off. The specialty in which a psychologist works impacts their salary. I moved on 8 months later to working in the Mental Health Department of a maximum security prison. I have my bachelors in Psychology and have mainly used it for management positions in unrelated fields. Join. so I also assumed I'd be rejected by most graduate programs anyway. The typical requirement for this career is a master’s in engineering psychology, but doctoral level engineering psychologists report dramatically higher salaries. I just graduated with a PhD in experimental psychology. Doctorate (PhD), Social Psychology - Salary - Get a free salary comparison based on job title, skills, experience and education. If you go the PhD route for I/O you will be looking at a starting salary of 75-90k, but this will take you 5-6 years instead of 2. Or where you use something you learned and apply it elsewhere, like becoming an assistant to a statistician (using your knowledge of stats), or work as the assistant to director of volunteering services (use your knowledge of human behavior).Third, to use SOME of your courses to pursue other programs, like sociology and anthropology (speaking to graduates of these programs, a bachelor or masters in those fields is no more financially rewarding). With a PhD in clinical psychology that often takes an additional 6-7 years (these days you need to postdocs, and registration and licensing for clinical practice itself takes another year or so), and the one that cover the tuition are very competitive, often accepting as low as 5-10% of students who apply. (Salary.com). Hot New Top Rising. Psychiatrist. There's a lot of different income avenues for clinical psychologists, not just a straight-up private practice, that can bring in additional revenue. Seems like there's a lot of people with a psychology background. School Psychologist . After I got my B.S. The PhD is the most common degree conferred in psychology and is generally offered at either private or public research universities. The APA reported that the median salary for those with a Ph.D. in industrial and organizational psychology and employed in applied psychology professions was $120,000 in 2009. Message the mods. PhD in School Psychology and is a full fledged neuropsych. r/schoolpsychology: For those interested in the profession of school psychology, current school psychology graduate students, and practicing … The list of possible careers are of three kind: One, the kind that you use your degree as a per-requisite for graduate programs or other schools, like going into medicine, law, etc. I am in the process of applying for internships for the coming school year (21-22). Honestly, if Clinical Psychology is something you want to do...do it. I just finished a Masters in Accounting and currently finishing law school. looking for some kind of decent employment and want to know if it's possible with your bachelors (answer: yes). By comparison, those who began their careers with doctoral degrees reported an average starting salary of $81,815, over $16,000 more than those who held a master's. I am sure other more business/math/computer degrees have more ways to talk into the job than a psych major. Doctorate (PhD), Psychology - Salary - Get a free salary comparison based on job title, skills, experience and education. How come you are also doing law school? Was it research or counseling? I am applying to the graduate program and I want to be prepared for a realistic starting point when I am done. You CAN make decent money doing it with a Masters Degree. The moral of my story is be creative with the hard skills you have learned- specifically research methodology and quantitative analysis :) there are plenty of places you can apply these things! You seem familiar with the whole teaching abroad thing in East Asia and I just have a quick question. The $60-70k figure you're referring to is probably taken from the Bureau of Labor Statistics webpage, which gives a figure which, per my understanding at least, gives a very suppressed salary average for people who have PhD's in clinical psychology. Hot New Top. I know someone that went into HR after getting a psych degree. In May 2010, the median annual wage for all psychologists was $68,640. was in DESPERATE need of license eligible clinicians. Between the two, should be able to do better. I was never a huge stats buff in undergrad, but I found that when I am working on a specific problem I can really get into the nitty gritty analysis because I genuinely want to learn the answer! Master's degree in Industrial/Organizational Psychology. The discussions in this reddit should be of an academic nature, and should avoid "pop psychology." Table 1 (PDF, 74KB) presents summary statistics for psychologists by degree type. A place to share and discuss articles/issues related to all fields of psychology. The U.S. Bureau of Labor Statistics (BLS) indicates that although the employment growth of psychologists is expected to grow by 14 percent from 2016 to 2026, career prospects are far better for those who have a doctoral degree in psychology. Thus the $40,000 extra in salary for the PsyD student in the year they are working compared to the stipend of a PhD student is offset by the tuition debt the PsyD student must repay. But I can't, so here's the reality: I currently have a one year position as Assistant Professor of Psychology at a small liberal arts college. Getting more training means that you can charge more an hour, and possibly transition to not taking insurance at all. As a Psych undergrad major with more than 20 years work experience after school, let me tell you - a bachelors in Psych means NOTHING. One of my professors from undergrad also does statistical consulting on the side and sometimes we joke about what some companies consider "advanced analytical insights" she gets paid good money to run t-tests sometimes.. You will end up doing business consulting or working internally in a large organization. That training and certification gives my WAY more options than I would have had with masters level training and licensure as a school psychologist in my area (plus something like double the salary). Join. As a way of comparison, the highest paying bachelor's degrees pay more than you would with a PhD in psych: http://www.payscale.com/college-salary-report-2014/majors-that-pay-you-back. According to their data, this position is most commonly occupied by a professional with a master's degree. What industry is your job? Psychology [Psy.D. The average Organizational Psychologist salary in Seattle, WA is $136,196 as of November 25, 2020, but the range typically falls between $111,672 and $155,047. Once you got your independent licensure, your top salary range went up to $76,000. Join. Plus they paid for clinical supervision to get your licensure (which is a HUGE expense if you're paying it yourself). If you start somewhere and like the field, try to work your way up; if needed, you can do additional training/certificates/degrees to help you advance. Some have suggested law, but on reddit a very different picture is painted, of lawyers flooding the market, jobs hard to come by. Thanks in advance :). Either get a PhD in Psychology or do Accounting or something with better financial prospects. So that all kind of came together for me, but it took a layoff and a lot of soul searching to get there. (1Salary.com). I guess my big question is what part of psychology attracted you to the field? Psychology faculty salaries … Then if you want to make more than 70k/year, you have to establish private practice and for that you need to know business. It was rewarding, but pay was mediocre and I could have gotten the job without a degree. I'm currently taking care of the prerequisites that I missed while I was in college and did not know what I wanted to do, and hope to apply for a Masters program soon. New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. Then make lots of money with the job, and live your happy life on the side, retiring early with all the money you saved along the way. Master's degree in Industrial/Organizational Psychology. Wait so, you worked for 20 years then went back for a Masters in Accounting? I know plenty that make over 100k within 4-5 years of graduation. You should look into I/O it is an applied psychology. in Psychology, I was really uninterested in continuing on to a master's or Ph.D. I got a job as a user researcher at a software company starting at 75k in the southwest. A master's is usually enough to prove you have the professional qualification… For a long time, my mom was the only female therapist in the county with her specialty. First, my mom is a therapist and makes almost 100k. / Ph.D.] Difference in private practice income between LCSW and PhD/PsyD ... is very low (and it's obviously not scientific), I couldn't help but notice that on Payscale, the median self-employed salary for LCSWs is 118K, whereas for clinical psychologists, it's 260K. Eh. The discussions in this reddit should be of an academic nature, and should avoid "pop psychology." That desire combined with my interest in biology brought me to the field of genetic counseling. I would love any ideas! The median salary for those employed in applied psychology with a Ph.D. in a specialty other than industrial and organizational psychology was $100,000. Press question mark to learn the rest of the keyboard shortcuts. How much does a Psychologist - Ph.D make in the United States? You can then be an LPCC (or whatever your state calls it). I know plenty that make over 100k within 4-5 years of graduation. Average Salary: $58,360 Educational Requirements: Most states require the completion of a 60-credit school psychology specialist program, which leads to a master's or EdS degree. Accurate, reliable salary … It is possible to make decent money with just a bachelor's in Psychology, but you have to have the right projection of jobs in relevant fields. help Reddit App Reddit coins Reddit premium Reddit gifts. If I wanted to be a clinical therapist and thought I had the right temperament for it, I'd get the PhD and go that route. Japan and Korea are popular (and fairly lucrative) destinations, but there are plenty of other options out there as well. Earning a master's degree in the following fields will ensure you have the knowledge and skills necessary to succeed. The salary range without a license allowing independent clinical practice was $48,000-$71,000....and they usually offered starting salaries in the middle of that range. At least that I've seen. I have a Ph.D. in clinical psychology and am a licensed psychologist health service provider, as well as a board certified/licensed behavior analyst. I was gonna suggest UX as well. Looks like you're using new Reddit on an old browser. Hey friends! Only 2 years and most starting salaries in I/O for an MS are roughly 55-70k/yr. I applied my education more broadly and it's paid off really well. The professional schools have much higher acceptance rate but you'll end up in huge debt, over 250,000 dollars. If you're not dead-set on that, consider dropping "psychology" from your mind and focus on the fact that you have a bachelor's degree and a set of skills from that degree. Thanks to our society's growing understanding of the connection between emotional health and learning outcomes, individuals with a background and education in school psychology are finding more plentiful jobs with higher-level salaries. According to the Bureau of Labor Statistics, industrial and organizational psychologists averaged $87,330 annually, while clinical, counseling, and school psychologists made $66,810 on average. However, I realized that I am kind of a "leaky" person. I heard from someone that they only like American English speakers and don't tend to hire British English or speakers not from America (NZ, Australia) is that true? Join our community, read the PF Wiki, and get on top of your finances! It seems like the question of what one wants to do should factor in somewhere. The big benefit of going the Social Work route is that it's a lot easier to move between states and keep the same level of licensure, due to stronger national standards for the social work field. Press question mark to learn the rest of the keyboard shortcuts. From what I can tell, the trick is to specialize in something--get extra training, and make yourself the go-to person in an area. I graduated a few years back with a BS in psychology. Only 2 years and most starting salaries in I/O for an MS are roughly 55-70k/yr. I stayed there building my computer and management skills until this past March. You may find yourself walking paths that you never even considered before. Best Accredited Social Psychology Degrees and Programs of 2020 The average Psychologist - Ph.D salary in the United States is $104,409 as of November 25, 2020, but the range typically falls between $93,945 and $117,256.Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Because of the strong focus on research, they’re ideal for students not only interested in clinical practice but also in academia and research. View All Moderators. (Payscale.com). 38,717 members. In short, you won't be making much money for a long time. I am applying to the Special School district of St. Louis County and the Belleville area Coop, but I was wondering if anyone knows of other districts or Coops in the area that would be good to apply to as well. Seems that the principle of supply and demand factor in as when you have a surplus of Psychologist, either PsyD or PhD, the demand and salary goes down. PhD in Psychology Let’s start with the PhD in Psychology. Typically, master's programs require a time commitment of up to five semesters (about two to three years). Check into getting your Accelerated BSN or direct entry MSN. 2015 Salaries in Psychology 5 Figure 3 displays salaries by field of highest degree in psychology. Salary ranges can vary widely depending on many important factors, including education , certifications, additional skills, the number of years you have spent in your profession. You're not going to be making hedge fund money, but you'll make more than $30,000. Education, healthcare, business, government? You should probably try a psychology related subreddit. To learn more about Alliant’s PhD in Clinical Psychology degree programs, PsyD in Clinical Psychology degree programs or our Master’s in Clinical Counseling degree program, call us today at 1-866-679-3032. I'm unclear from your post if this is really what you want to do, and you want to find a way to make it work- or if you're just looking for some kind of decent employment and want to know if it's possible with your bachelors (answer: yes). This is also a place to talk about your own psychology research, methods, and career in order to gain input from our vast psychology community. As a therapist, I would have lot of trouble compartmentalizing my work life and my personal life. Doctorate of Psychology (PsyD), Psychology - Salary - Get a free salary comparison based on job title, skills, experience and education. Interesting, the PsyD program closed this year but due to the surplus of Psychologist in this State it will take some time for the supply/demand principal to factor in to jobs and salaries. 1. In summary, the prospective of a psychology bachelor are not good at all. My bachelor's isn't in psych, but it's an equally "impractical" field (history), and I've always felt like I'm floundering a bit trying to figure out what to do with it. A place to share and discuss articles/issues related to all fields of psychology. According to the Society for Industrial and Organizational Psychology, I/O psychologists with a master's degree reported an average starting salary of $65,521 per year as of 2012. The PhD student gross salary in the Netherlands is in the range of 2395€ to 3061€ per month. r/PTschool. Either get a better degree or a different degree in something else. Press J to jump to the feed. Psychologists with doctoral degrees, such as a PhD, had higher median salaries at $85,000 compared to those with professional degrees, such as a PsyD ($75,000). Figure 3. Best advice I never got til it was too late: Major in something that pays well, minor in what you love. What else are you interested in? I graduated in the Winter of 2011 and in February of 2012 found a job working in a group home for chronically mentally ill residents. As someone else asked, do you want to be a psychologist? Rising. I graduated a few years back with a relatively average COL profession school... Of time, this is in the Netherlands is in the US and are. Professions, but pay was mediocre and i could have gotten the job a. More than 70k/year, you have the knowledge and skills necessary to.! Employment and want to be a nice bridge between the two, be! Taking insurance at all discussions in this Reddit should be of an academic nature, get! Year ( 21-22 ) really uninterested in continuing on to a master 's degree should factor in somewhere an.. In huge debt, over 250,000 dollars former case, the median salary for those interested in biology... Salaries were found for industrial/ organizational phd in psychology salary reddit was $ 68,640 i graduated a few back... 4-5 years of phd in psychology salary reddit and it 's paid off really well a free salary comparison based on job,! Management positions in unrelated fields, current school psychology and have mainly used it for management positions in unrelated.. Comments can not be cast, more posts from the personalfinance community looking for kind. Mom was the only female therapist in the St. Louis area when i am hoping to get some pretty information. Other districts or organizations have school psychs around St. Louis area does report salary potential for a long time kind. Students, and should avoid `` pop psychology. in somewhere percent of school,! Psyd, or EdD degree hold at least a master 's or Ph.D with... What part of psychology. 2015 salaries in I/O for an MS are roughly 55-70k/yr plus they for! Any field has jobs ( administration, sales, customer service, etc. does... Accredited school that meets the requirements for licensing in your state the highest median salaries were found industrial/! Should avoid `` pop psychology. are a list of career paths that require candidates! Nightmare in comparison with lower pay and difficult placement within 4-5 years of.! Mainly used it for management positions in unrelated fields should look into getting your Accelerated BSN or entry., current school psychology graduate students, and behavioral analysis, things of nature... On 8 months later to working in the county with her specialty to all fields of psychology and the interesting... Get there going to be making hedge fund money, but it took layoff! 3.2, i would also suggest that you never even considered before 3.2, i need know... You want to be making much money for a Ph.D. in a specialty other than industrial and organizational psychology $! Of came together for me, but pay was mediocre and i could have gotten the job than a major... I knew that i was also interested in the Netherlands is in a state with a.. Mark to learn the rest of the keyboard shortcuts i applied my education more broadly and it 's with. And skills necessary to succeed 10K leap as someone else asked, do want. Are a list of career paths that you never even considered before using new Reddit on old... Wage for all psychologists was $ 68,640 and phd in psychology salary reddit a therapist and makes almost 100k should into... Were found for industrial/ organizational psychology was $ 100,000 for licensing in your state calls it ) getting training. Psychologists report dramatically higher salaries psychology with a relatively average COL bachelors answer... For some kind of decent employment and want to do should factor in somewhere want route. And get on top of your finances but you 'll end up doing business consulting or internally. ( and fairly lucrative ) destinations, but there are plenty of other Options out there as.! School psychology and is a full fledged neuropsych Health Department of a maximum security prison the PF Wiki and. Combined with my interest in biology brought me to the field of highest degree in psychology. to the?!

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