Here’s a topic long discussed, and verified from time to time: the falling income of mental health professionals.
The American Psychological Association reported in its April issue of The Monitor on Psychology that salaries have decreased in related jobs across the board. From practitioners in clinical practice to professors and researchers, incomes have continued to dwindle over the last nine years.
For a chart published by the Monitor for selected positions from 2991 to 2009, click here.
Psychologists in applied settings (consulting to business, for example) continued to earn the highest salaries, although even these dropped from about $95,000 to under $90,000.
Lowest on the scale were assistant professors, followed by clinical psychologists or, “direct health service providers.” In the latter category, average income dropped from more than $60,000 per year to the high 50s.
Associate professors, though, were the hardest hit.
The APA surveys salaries once every two years.
Generally, as Psychotherapy Finances surveys have shown, private practice income has steadily declined. The only way to recover some of the loss is to offer a broader spectrum of services, such as consulting or coaching.