Combinatorial auction theory applied to the selection of Surface Warfare Officer retention incentives
Zegley, Christopher R.
Lewis, Chavius G.
Johnson, Derek N.
Denmond, Constance M.
Gates, William R.
Coughlan, Peter J.
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The purpose of this project is to find the optimal combination of retention base incentives offered by the Surface Warfare Officer (SWO) community. The SWO community has experienced the lowest junior officer retention rate of all Unrestricted Line Officer (URL) communities since the early 1990's. The community is required to maintain at least 275 junior officers annually, in order to fill operational Department Head billets, in support of sustaining maritime mission requirements. Due to numerous community dissatisfiers, the SWO community has been unable to produce the required force strength of 275 Department Heads. Induction of a monetary bonus was the SWO community's answer to addressing its critical junior officer retention rates. But retention rates are still critically low and are viewed negatively by many junior officers, because the monetary bonus doesn't address the reasons junior officers are dissatisfied with the community. Several non-monetary incentives have been identified by junior SWO as possible tools to increase retention rates. This project will build a Combinatorial Auction Model to include both monetary and non-monetary incentives to determine which combination offers the greatest value to officers, at least cost to the Navy's SWO community.
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Surface Warfare Officer Retention: analysis of individual ready reserve survey data / by Carol Stoker, Crawford, Alice. Stoker, Carol; Crawford, Alice (Monterey, California. Naval Postgraduate School, 2008); NPS-GSBPP-08-009This study is the second in a series funded by the Chief of Naval Personnel to address low retention of officers in the Surface Warfare Officer (SWO) community. Low junior officer retention is a concern, particularly with ...
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