A cost-benefit analysis between the current naval officer retention bonus plan and the enlisted retention bonus plan
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Authors
Freeman, Donald M.
Zerler, Nicholas M.
Subjects
Retention
bonus
bonus
Advisors
Menichini, Amilcar
Hudgens, Bryan
Date of Issue
2016-06
Date
16-Jun
Publisher
Monterey, California: Naval Postgraduate School
Language
Abstract
The current fiscal constraints and increased operational tempo over the last decade have placed a strain on the U.S. Navy and the potential retention of sailors. On September 12, 2014, in an interview with the U.S. Naval Institute, Vice ADM Bill Moran, Deputy Chief of Naval Operations for Manpower, Personnel, Training, and Education, stated that he has seen signs of a looming sailor exodus. The exodus could be as bad as the postÐCold War period and just before the terrorist attacks of September 11, 2001. This project is a cost-benefit analysis between the current officer-retention bonus plan and the enlisted-retention bonus plan. To aid in the improvement of retention-targeted bonuses across the Navy, our research focuses on the retention rates and effectiveness of current bonus structures, the timing of those bonuses, and internal and external factors affecting retention.
Type
Thesis
Description
MBA Professional Report
Series/Report No
Department
Graduate School of Business and Public Policy (GSBPP)
Organization
Identifiers
NPS Report Number
Sponsors
Funder
Format
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.