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Well then I make more than the median in I/O Psychology 1 year into my career and living in a very low cost of living area.
The problem with something like BLS is they let you self-report what your field is. If you belong to SIOP you actually have to have a background in I/O as well as a career in I/O.
I don't really care what someone who says they are an I/O makes (Many HR people say they are I/O when they have no background in I/O). I care what actual I/Os make.
True, but is it self-selection bias when you only survey SIOP members?
True, but is it self-selection bias when you only survey SIOP members?
That's a good point. The PhDs outweigh the MS's. pretty heavily and the PhDs do make more than the MS's (and I weighted by sample size reporting each, good old Meta-Analysis method ) but even if you assume the MS's and the PhDs have equal weight you are still looking at a Median income of 98k.
Aren't these income figures for people whose highest degree is a Bachelor's degree? I-O psychology "majors" are a tiny group and I didn't know you could do an undergrad degree in I-O psychology at all.
The terminal major aspect is skewing this badly, and I still think something is wrong with their classifications. I make $60k as a geography major with an MS, and that puts me in the 5th percentile, but they have median at $54k for terminal bachelors. Around 45% of geography majors have advanced degrees, but even discounting all of them, it would still be impossible for me to be below the median relative to terminal bachelors holders. I think they lumped in cartography with geography; a totally different major with relatively low pay and fairly big numbers that were cranked out in the 80s and 90s by technical colleges.
Actually reading down, I am certain they lumped in cartography, since they have only 30% earning graduate degrees and list Geography as an extremely white male dominated major. It's really a female dominated major with some of the highest ethnic diversity of any major, but cartography is extremely white male dominated.
...I make $60k as a geography major with an MS, and that puts me in the 5th percentile...
You are either at the wrong company or in the wrong city. I also have a geography masters and am compensated quite a bit more than you are. When a co-worker received his geography masters, a few years before I got mine, the pay increase the company offered him was downright insulting. Our management got together with the HR department and gave a little "dog and pony" show to show them that today's geographer is not a "social scientist", but a "real scientist". They were blown away by the technical aspects of the discipline. Every bit as technical as any other scientific discipline.
In fact, at the community college where I teach part time, the geography discipline is in the "Math, Science, and Engineering" division, not the "social science" devision. Geography today is a whole lot more than knowing the names of rivers and the capital cities of countries. It's been a long, difficult road to convince the world of this.
You are either at the wrong company or in the wrong city. I also have a geography masters and am compensated quite a bit more than you are.
Like I said, I'm 5th percentile for pay. I ended up with the wrong county. In the middle of my first year there, they instituted a 10 year pay freeze and disbanded the merit raise board. I'm making the same pay as I was my 3rd month there. (And I'm under a very complicated post-employment ban that makes it very difficult to leave.)
Well, a graduate degree in the physical sciences is almost universally 'free' in that there is no tuition and graduate students are paid a stipend of some sort. Some years I made around 30K as a graduate student. It is often more difficult to get a degree in the social sciences because there is less support available.
Doctorates are almost always free regardless of discipline.
Masters degrees are another story, as are "professional" graduate degrees like law, education and medicine.
You are either at the wrong company or in the wrong city. I also have a geography masters and am compensated quite a bit more than you are. When a co-worker received his geography masters, a few years before I got mine, the pay increase the company offered him was downright insulting. Our management got together with the HR department and gave a little "dog and pony" show to show them that today's geographer is not a "social scientist", but a "real scientist". They were blown away by the technical aspects of the discipline. Every bit as technical as any other scientific discipline.
In fact, at the community college where I teach part time, the geography discipline is in the "Math, Science, and Engineering" division, not the "social science" devision. Geography today is a whole lot more than knowing the names of rivers and the capital cities of countries. It's been a long, difficult road to convince the world of this.
You are probably lucky. Marigold is closer to the median pay for your profession
I've seen Civil Engineers who make well over six figures with just a bachelors and less than 5 years of experience, but that is not typical. Many with a Masters and more experience make much less.
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