Employment Areas and Salaries
of Bachelor's Level Psychology Graduates

According to the September 1994 issue of Salary Survey, the average salary offered to bachelor's level psychology majors who graduated with the class of 1994 was $20,488 with a range from $16,249 to $32,500. (The average salary offered to those with a master's degree in psychology was $23,944 and a doctorate in psychology was $43,278.) The results of their survey for 30 functional employment areas are listed below in decreasing order of salary offer.

Functional Employment Area Number
of Offers		Mean Offer
Real Estate 2 $32,500
Chemicals and Allied Products 1 $32,000
Engineering / Surveying 1 $31,200
Consulting 5 $31,000
Metals and Metal Products 1 $28,000
Insurance 6 $27,750
Electrical and Electronics 2 $26,950
Research Organizations 1 $26,000
Widely Diversified 1 $25,400
Computer Software / Data Processing 2 $24,100
Protective Services 1 $24,000
Finance 2 $24,000
Federal Government 3 $23,689
Textiles and Apparel 5 $22,500
Hospitals 6 $22,025
Pharmaceuticals 2 $21,985
Computers and Business Equipment 2 $21,250
Transportation 2 $21,030
Merchandising 20 $20,945
Membership / Religious 4 $20,845
Building Materials and Construction 3 $20,709
Other Service Employers 7 $19,474
Health Services 15 $19,590
Local or State Government 8 $19,213
Education 12 $18,028
Communication Services 3 $17,333
Other Nonprofit Employers 3 $17,233
Banking 3 $16,967
Hospitality (Hotels and Restaurants) 7 $16,614
Social Services 29 $16,249

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