Retention, Incentives, and DoD Experience Under the 40-year Military Pay Table PDF Download
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Author: Beth J. Asch
Publisher:
ISBN: 9780833091758
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
In a multimethod analysis, RAND researchers assess whether the military should continue using its 40-year pay table to retain experienced personnel or whether such retention could be equally achieved with a 30-year pay table.
Author: Beth J. Asch
Publisher:
ISBN: 9780833091758
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
In a multimethod analysis, RAND researchers assess whether the military should continue using its 40-year pay table to retain experienced personnel or whether such retention could be equally achieved with a 30-year pay table.
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 76
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Book Description
Author:
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 626
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Book Description
Author: United States. Department of Defense
Publisher:
ISBN:
Category : Armed Forces
Languages : en
Pages : 194
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Book Description
Author: Brenda S. Farrell
Publisher: DIANE Publishing
ISBN: 1437988016
Category : Business & Economics
Languages : en
Pages : 43
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Book Description
Assesses DoD¿s use of cash incentives to recruit and retain highly qualified individuals for service in the armed forces. It: (1) identifies recent trends in DoD's use of enlistment and reenlistment bonuses; (2) assesses the extent to which the services have processes to determine which occupational specialties require bonuses and whether bonus amounts are optimally set; and (3) determines how much flexibility DoD has in managing selected special and incentive pays for officer and enlisted personnel. The report analyzed service data on bonuses and special and incentive pays, and reviewed relevant guidance and other documentation from DoD and the services. Charts and tables. This is a print on demand report.
Author: United States. Department of Defense
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 946
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Book Description
Author: Beth J. Asch
Publisher: RAND Corporation
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 72
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Book Description
Discusses the policy options aimed at ameliorating personnel concerns.
Author: Carla Tighe Murray
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 48
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Book Description
Introduction and summary. Defining military compensation ; Comparing military and civilian compensation ; Factors that complicate military-civilian comparisons -- Military pay, promotions, and rank -- Estimates of military compensation. Total compensation for enlisted personnel by years of experience ; Cash earnings for selected occupations -- Comparing increases in military and civilian pay. The "gap" between changes in basic pay and civilian earnings ; Issues in using the "pay gap" to evaluate military compensation ; Increases in regular military compensation versus the employment cost index -- Comparing levels of military and civilian pay. Cash compensation ; Noncash and deferred benefits ; General limitations of military-civilian comparisons -- Linking military compensation to recruiting and retention. Effectiveness of using pay to resolve occupational shortages or surpluses ; Effects of cash and noncash compensation on recruiting and retention -- Options to increase the visibility and efficiency of military compensation. Integrating the components of total compensation ; Increasing cash relative to noncash compensation -- Appendix A: Total compensation for the median enlisted member -- Appendix B: How pay changes with deployment -- Appendix C: Types of occupation- or skills-based compensation.
Author: Justin Joffrion
Publisher:
ISBN:
Category :
Languages : en
Pages : 45
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Book Description
The limited lateral entry and rigid pay structure for U.S. military personnel present challenges in retaining skilled individuals who have attractive options in the civilian labor market. One tool the services use to address this challenge is the Selective Reenlistment Bonus (SRB), which offers eligible personnel with particular skills a substantial cash bonus upon reenlistment. However, the sequential nature of the bonus offer and reenlistment process limits the ability to adjust manpower quickly, raising interest in research that estimates the effect of the SRB on retention. While this literature has acknowledged challenges including potential endogeneity of bonus levels, attrition, and reenlistment eligibility, many studies do not address these concerns adequately. This paper uses a comprehensive panel data set on Air Force enlisted personnel to estimate the effect of the SRB on retention rates. We exploit variation in bonus levels within skill groups, control for civilian labor market conditions, and model reenlistment eligibility to avoid common assumptions that lead to biased impact estimates. We find substantial heterogeneity in the effect of the bonus, with the largest effects on first-term service members and those whose skills have not historically received a substantial bonus. We also find evidence that the bonus affects the timing of reenlistment decisions in addition to their frequency.
Author: Beth J. Asch
Publisher:
ISBN: 9781977405852
Category : Business & Economics
Languages : en
Pages : 218
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Book Description
Every four years, the U.S. Department of Defense (DoD) commissions a review of the military compensation system. Since the 9th such commission reporting in 2002, the benchmark for setting the level of military pay has been at about the 70th percentile of earnings for similar civilians given the unusual demands and arduous nature of military service. The 70th percentile benchmark was based on analysis from the 1990s indicating that pay at around this level had historically been necessary to enable the military to recruit and retain the quality and quantity of personnel required. In addition, by law, the annual increase in military basic pay is guided by changes in the Employment Cost Index (ECI), a measure of the growth in private-sector employment costs; research from the early 1990s suggested that an alternative to the ECI, the Defense Employment Cost Index (DECI), would be more relevant to military personnel. The authors of this report provide input on the setting of the level of military pay, the relevance of the 70th percentile, and the use of the DECI versus the ECI in setting the annual adjustment to military pay. They find that current military pay may be too high, since recruit quality today exceeds DoD's stated requirements, and, further, quality and retention both exceed the levels observed during the late 1980s and mid-1990s, when the 70th percentile was established. However, the 70th percentile may be too low a benchmark, because there are reasons to believe that the recruiting environment is more difficult than it was in earlier periods. Figures of around the 75th to 80th percentile for enlisted personnel and of around the 75th percentile for officers are likely to meet existing recruit quality objectives. Assessing the ECI versus the DECI, the authors conclude DoD should consider replacing or supplanting the former with the latter. The DECI has several advantages over the ECI, and most of the critiques of the DECI have been addressed by advances in data availability and computing power in recent decades.
