An analysis of the effects of Aviation Career Continuation Pay (ACCP) using an Annualized Cost of Leaving (ACOL) approach

Download
Author
Mills, H. E.
Date
1999-09Advisor
Krebs, William
Buttrey, Samuel E.
Metadata
Show full item recordAbstract
The U.S. Navy offers financial inducements to its pool of aviators as a retention tool. Navy officials are currently considering replacing the current system of bonus payments, known as Aviation Continuation Pay (ACP), with a revised system known as Aviation Career Continuation Pay (ACCP). ACCP ties annual lump sum payments to accession to seagoing career milestone billets, whereas ACP provides payment only for remaining on active duty. This thesis analyzes retention statistics from the Navy Officer Master File and other data sources to develop an Annualized Cost of Leaving (ACOL) model. The model parameter that designates a monetary equivalent for a predilection to remain in the service was extrapolated into elements of the ACCP program using career progression statistics to project the effect of switching to ACCP on retention. This extrapolation yielded an estimation of a 19.68 percent increase in the likelihood of retention through year of service (YOS) 11 to YOS 20, 29.72 percent from YOS 16 to 20, 13.9 percent from YOS 16 to 25, and 8.86 percent from YOS 21 to 25.
Collections
Related items
Showing items related by title, author, creator and subject.
-
Development of a forecasting model of Naval aviator retention rates
Coughlin, Matthew F. (Monterey, California. Naval Postgraduate School, 1996-03);The objective of this thesis is to develop an estimating model to predict the effects of various internal and external variables on Naval aviator retention rates. The estimating model will be useful to aviation program ... -
The effect of the global war on terror on retention of Marine Corps aviators
Smith, Daniel B. (Monterey, California. Naval Postgraduate School, 2006-03);This thesis analyzes the retention of Marine Corps aviators before and after 9/11/2001. The retention analysis utilizes data from the Marine Corps' Total Force Data Warehouse (TFDW), the Defense Manpower Data Center (DMDC) ... -
A QUANTITATIVE ANALYSIS OF AVIATION MAINTENANCE SRB EFFECTIVENESS
Fuzy, Anna (Monterey, CA; Naval Postgraduate School, 2019-03);The purpose of this thesis is to provide the Marine Corps with an analytical review of its primary military occupational specialty (PMOS) bonuses, specific to aviation maintenance occupations, that have been available to ...