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dc.contributor.advisorWang, Chong
dc.contributor.authorSimerman, Peter A.
dc.dateMar-17
dc.date.accessioned2017-05-10T16:32:06Z
dc.date.available2017-05-10T16:32:06Z
dc.date.issued2017-03
dc.identifier.urihttp://hdl.handle.net/10945/53048
dc.descriptionApproved for public release; distribution is unlimiteden_US
dc.description.abstractAs personnel costs in the military spiral higher and higher, so does the level of scrutiny of military bonus programs. Each service and each community is faced with the challenge of retaining the quantity and quality of personnel it needs while not breaking faith with a force that has endured longer deployments, increased operational tempo (OPTEMPO), and a state of perpetual war since 2001. The services also value an egalitarian pay structure and must be ever vigilant of good order and discipline and morale. The current system is cumbersome and inefficient, offering the same bonus to both high performers and low performers within categories of Pilot/Naval Flight Officer (NFO) and Type/Model/ Series (T/M/S). The primary alternative that has been offered is an auction system. However, each version of the auction method has distinct drawbacks and implementation challenges. In this paper, I propose a menu-of-contracts system whereby aviators can choose between a plan that offers guaranteed payouts at a medium rate or a plan that offers low payouts initially and then high payouts when certain performance milestones are met. This will induce aviators to self-select according to their own ability levels and effectively targets high performers with high bonus levels while maintaining a sense of fairness due to the personal choice.en_US
dc.description.urihttp://archive.org/details/designingbettern1094553048
dc.publisherMonterey, California: Naval Postgraduate Schoolen_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.en_US
dc.titleDesigning a better Navy aviation retention bonusen_US
dc.typeThesisen_US
dc.contributor.secondreaderMyung, Noah
dc.contributor.departmentBusiness & Public Policy (GSBPP)
dc.subject.authorNavyen_US
dc.subject.authoraviationen_US
dc.subject.authorretentionen_US
dc.subject.authorbonusen_US
dc.description.serviceLieutenant, United States Navyen_US
etd.thesisdegree.nameMaster of Science in Managementen_US
etd.thesisdegree.levelMastersen_US
etd.thesisdegree.disciplineManagementen_US
etd.thesisdegree.grantorNaval Postgraduate Schoolen_US


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