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dc.contributor.advisorHenderson, David A.
dc.contributor.authorKriegel, David A.
dc.dateMarch 1986
dc.date.accessioned2012-11-27T00:16:35Z
dc.date.available2012-11-27T00:16:35Z
dc.date.issued1986-03
dc.identifier.urihttp://hdl.handle.net/10945/21838
dc.descriptionApproved for public release; distribution is unlimited
dc.description.abstractThis thesis compares lifetime incomes of Navy and major airline pilots. Regression analysis of actual 1983 pilot wages predicts average wages as a function of pilot seniority. Regression results adjusted for post-1983 wage changes are used to forecast thirty-year pilot earnings. The average military benefit of tax-free income and allowances are computed. Three Navy salaries are compared against a weighted-average airline salary. Comparisons are made of earnings and retirement benefits, using a discount rate of five percent. Two Navy pilot career choices at age thirty are assumed: 1. The pilot remains in the Navy, retires at age forty­ two, then joins an airline, retiring at age sixty. 2. The pilot joins an airline and retires at age sixty. My finding is that a Navy pilot will maximize his income by remaining in the military until retirement, and then flying with an airline. The present value of Navy pay exceeds airline earnings by three to six percent.
dc.description.urihttp://archive.org/details/examinationcompa00krie
dc.format.extent146 p.en_US
dc.language.isoen_US
dc.rightsThis 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.
dc.subject.lcshManagementen_US
dc.titleAn examination and comparison of airline and Navy career earningsen_US
dc.typeThesisen_US
dc.contributor.secondreaderNeil, Douglas E.
dc.contributor.corporateNaval Postgraduate School (U.S.)
dc.contributor.departmentAdministrative Sciences
dc.subject.authorPiloten_US
dc.subject.authorNavyen_US
dc.subject.authorAirlineen_US
dc.subject.authorWageen_US
dc.subject.authorIncomeen_US
dc.subject.authorPresent valueen_US
dc.subject.authorContractsen_US
dc.subject.authorRetentionen_US
dc.subject.authorRetirementen_US
dc.subject.authorHiring standardsen_US
dc.subject.authorAgeen_US
dc.subject.authorMarkoven_US
dc.description.serviceLieutenant Commander, United States Navy
etd.thesisdegree.nameM.S. in Managementen_US
etd.thesisdegree.levelMastersen_US
etd.thesisdegree.disciplineManagementen_US
etd.thesisdegree.grantorNaval Postgraduate Schoolen_US


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