As a clinical psychology practitioner, you will work directly with a variety of individuals to promote mental health. Read on to learn about your earning potential within the field. Schools offering .
Salary Overview
The U.S. Bureau of Labor Statistics (BLS) reported that clinical, counseling and school psychologists overall earned a median annual salary of $67, 760 as of May 2013 (www.bls.gov). Most of these professionals earned wages from $39, 020-$112, 380. Additionally, PayScale.com reported that the median salary for clinical psychologists with 0-5 years of experience was $62, 000 as of May 2014.
Entry-Level Salaries for Recent Ph.D. Graduates
According to the 2009 doctoral employment survey conducted by the American Psychological Association (APA), a recent graduate can expect to earn approximately $45, 000-$75, 000. The median starting salary for graduates providing direct human services in clinical psychology was $61, 000, while those beginning their careers in school psychology earned a median salary of $58, 000. The APA also reported that Ph.D. holders working as assistant professors earned a median annual salary of $56, 727, while those working in research earned a median salary of $60, 000.
Salaries by Industry
The BLS reported that industries with the highest level of employment opportunities for clinical, counseling and school psychologists in May 2013 included elementary and secondary schools, offices of health practitioners, individual and family services, state government and outpatient care facilities. Individuals working for schools made $71, 840 on average, while those for working for the offices of other health practitioners averaged $80, 600. Average wages for other industries were $66, 620 for individual and family services, $78, 580 for state government and $66, 750 for outpatient care centers.
Scientific research and development services paid these psychologists the highest average wage of $91, 990 in May 2013, according to the BLS. Specialty hospitals offered an average wage of $86, 070, while employment services paid an average of $81, 890.
Source: learn.org
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Clinical. But it depends on the area you're practicing in and on your specialty, as well as whether you're in private practice or employed by either a hospital, school, or other organization.