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Does the economy or surface warfare officer career pay affect surface warfare officer retention?

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Authors
Makarenko, Meagan B.
Subjects
surface warfare officer
retention
SWO
surface warfare officer career pay
SWOCP
Advisors
Wang, Chong
Date of Issue
2014-12
Date
Dec-14
Publisher
Monterey, California: Naval Postgraduate School
Language
Abstract
Using cohort-based surface warfare officer (SWO) inventory data from Bureau of Naval Personnel, this thesis examines possible correlation between SWO retention and the economy, as well as the effect of SWO career pay (SWOCP) on SWO retention. Multivariate regression is used as the main tool of analysis. I find that the unemployment rate shows a positive correlation with SWO retention. There was insufficient evidence to support the relationship between SWOCP and retention. The female population does yield some significant results independent of the mixed and male population. The findings indicate more research on non-monetary determinants of the SWO retention is necessary, a policy re-assessment of SWOCP may be warranted, and female retention differs from male retention and should be assessed further.
Type
Thesis
Description
Department
Graduate School of Business & Public Policy (GSBPP)
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.
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