O-3 RETENTION: MONETARY VS. QUALITY OF LIFE FACTORS—IS MONEY THE SOLUTION?

Abstract

The purpose of this study is to examine the retention rates of Junior Officers (O-3) who are at their first career retention point. This study covers the current incentives for both Marine Corps and Naval Officers when they reach their first career decision point to remain in service or separate. Taking survey data from the Naval Manpower 2022 Health of the Force survey conducted by the Department of the Navy, this study examines motivations apart from monetary incentives for increasing retention rates in these communities. Monetary incentives are currently the primary retention tool utilized by the Department of the Navy, with few alternate methods given to active-duty Officers. This study examines methods utilized by civilian employers and military-specific incentives that the Department of the Navy can implement to increase Junior Officer retention.