According to the Bureau of Labor Statistics, overall employment of psychologists is projected to grow 19 percent from 2014 to 2024.
Within the field of psychology, employment of clinical, counseling, and school psychologists is projected to grow 20 percent from 2014 to 2024 and employment of industrial-organizational psychologists is projected to grow 19 percent from 2014 to 2024*.
Here’s a look at these growing fields.
1. Industrial-Organizational (I/O) Psychology
Think of this field as psychology in the workplace. Companies hire industrial-organizational psychology professionals to help solve organizational problems and increase productivity.
Industrial-organizational psychologists work with human resources on staffing, training and employee development, providing leadership coaching and development, or consulting with management on employee productivity and organizational initiatives.
Why it’s growing: Industrial-organizational psychologists assist companies in the hiring process, as well as help companies retain employees, improve morale, and improve organizational performance.
Salary: The median pay for industrial-organizational psychologists $82,760 per year.*
2. Clinical & Counseling Psychology
Clinical psychologists assess and treat people with emotional, social, work, school, or physical health concerns; short-term crises like divorce or adolescent issues; or chronic conditions like schizophrenia, phobias, or depression. Clinical psychologists work in a variety of settings, including hospitals, mental health clinics, and private practices.
Counseling psychologists help people with physical, emotional, and mental health issues cope with everyday challenges such as career issues or cultural adversity (e.g., race, gender, religion, or sexual orientation). If not offering psychotherapy to patients, many counseling psychologists work in research or education.
Why it’s growing: In 2015, it is estimated that 43.4 million adults ages 18 or older experienced mental illness in the past year**. There is a continued need for licensed counselors and psychologists to help people seeking assistance for marriage and family problems, job stress, addiction, depression, and mental illness.
Salary: The median pay for clinical and counseling psychologists is $73,270 per year.*
3. School Psychology
School psychologists work with students who have special needs, learning disabilities, and behavioral issues. By investigating factors in school and at home that negatively affect learning, school psychologists help students overcome challenges that teachers and parents may not know about or know how to address.
Students also turn to school psychologists for general counseling when coping with personal crisis.
Why it’s growing: Awareness of the connection between mental health and learning suggests a need for psychologists to work in school mental health services.
Salary: The median pay for school psychologists is $73,270 per year.*
Capella offers the following degrees in psychology and related fields:
- MS in Psychology, Industrial-Organization (I/O) Psychology
- MS in Psychology, Leadership Coaching Psychology (similar to I/O Psychology)
- MS in Clinical Psychology, Clinical Counseling
- PhD in Psychology, Industrial-Organization (I/O) Psychology
- PsyD in Clinical Psychology
- PsyD in School Psychology