Clinical, Counseling, and School Psychologists Wages:
Hourly wages range from $25.48 to $44.16
Average hourly wage $36.97
Average annual wage $76,903
The earnings of Psychologists depend on education, years of experience, and specialty. The above wages do not include those of self-employed Psychologists, which can be much higher in private practice. Nationally, more than four out of ten Psychologists are self-employed.
Psychologists in private practice or in university settings work flexible hours, including evening and weekend appointments to serve their clients. However, in schools, clinics, or government agencies Psychologists generally work a set schedule.
There are many opportunities for advancement in the field of psychology. Psychologists in academic positions may move up the university administration ladder to department chair, dean, or president. Psychologists working in federal government may be promoted to management positions in such agencies as the National Institute of Mental Health and the National Institute of Drug and Alcohol Abuse. Many Psychologists work as consultants, do contract research, or provide industrial/organizational services. Some start their own firms.
Psychologists Salaries Video