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Author: Beth J. Asch Publisher: RAND Corporation ISBN: Category : Business & Economics Languages : en Pages : 142
Book Description
Military compensation is a pillar of the all-volunteer force. It is a fundamental policy tool for attracting and retaining personnel, and its structure-and the incentives implied by its structure-can affect U.S. service members' willingness to join, exert effort, demonstrate their leadership potential, remain in the military, and, eventually, exit the military at an appropriate time. Military compensation is a composite of current pay and allowances, special and incentive pays, health benefits, disability benefits, retirement benefits, and other benefits. Its importance to the readiness and morale of the force is such that it is reviewed every four years to determine whether it is adequate to meet the U.S. military's objectives. To inform the 10th Quadrennial Review of Military Compensation, this monograph presents an in-depth examination of the mix and structure of the U.S. military's current retirement-benefit system and several policy alternatives. The study included the development of a model that was estimated and used to run a series of simulations based on active-duty and reserve personnel data to track the careers and potential decisionmaking of military personnel across the services. The simulation results were then assessed in terms of their cost-effectiveness and ability to meet the services' expectations for accession, retention, and career mobility.
Author: Beth J. Asch Publisher: RAND Corporation ISBN: Category : Business & Economics Languages : en Pages : 142
Book Description
Military compensation is a pillar of the all-volunteer force. It is a fundamental policy tool for attracting and retaining personnel, and its structure-and the incentives implied by its structure-can affect U.S. service members' willingness to join, exert effort, demonstrate their leadership potential, remain in the military, and, eventually, exit the military at an appropriate time. Military compensation is a composite of current pay and allowances, special and incentive pays, health benefits, disability benefits, retirement benefits, and other benefits. Its importance to the readiness and morale of the force is such that it is reviewed every four years to determine whether it is adequate to meet the U.S. military's objectives. To inform the 10th Quadrennial Review of Military Compensation, this monograph presents an in-depth examination of the mix and structure of the U.S. military's current retirement-benefit system and several policy alternatives. The study included the development of a model that was estimated and used to run a series of simulations based on active-duty and reserve personnel data to track the careers and potential decisionmaking of military personnel across the services. The simulation results were then assessed in terms of their cost-effectiveness and ability to meet the services' expectations for accession, retention, and career mobility.
Author: Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Military retirement reform has been a central element of the policy debate regarding why and how to restructure the system for compensating members of the U.S. armed forces. Concerns about the compensation system, and the retirement system specifically, include the rising cost of military compensation and the need for greater efficiency in the provision of compensation, the greater need for flexibility to reshape the force as missions change in ways that challenge the current compensation system, and issues related to the equity of military retirement benefits of active versus reserve personnel, junior versus senior personnel, and military personnel versus their civilian counterparts. Active members can claim retirement benefits before reservists can; junior members who leave prior to completing 20 years of service do not qualify for retirement benefits, unlike their more senior counterparts; and the 20-year vesting rule is outside the civilian vesting norm of 5-7 years of service, under the Employee Retirement Income Security Act of 1974 (ERISA). The 10th Quadrennial Review of Military Compensation (QRMC), building on previous studies and commission reports, including the 2006 report of the Defense Advisory Committee on Military Compensation (DoD, 2006) and the 2000 report of the Defense Science Board Task Force on Human Resources Strategy, has proposed an alternative military retirement system that addresses concerns regarding the current system while still sustaining the force. The defined benefit (DB) and defined contribution (DC) plans are the foundation of the alternative system considered in this analysis. RAND was asked to develop a modeling capability to assess compensation alternatives, such as the QRMC proposal, in terms of their effects on military retention, retirement behavior, vesting, cost, reserve participation, and the value of compensation from the perspective of the member leaving active duty. This monograph presents the results of that study.
Author: OFFICE OF THE SECRETARY OF DEFENSE WASHINGTON D C. Publisher: ISBN: Category : Languages : en Pages : 266
Book Description
This final volume of the QRMC staff studies contains recommendations for implementing a future military compensation system. The QRMC proposed a modernized pay and allowances system incorporating the major elements of pays and benefits in a total compensation system. This system would use a pay standard based on work level linkages to the Federal Civil Service compensation system, and would include explicit recognition of the 'Military Factor' -- the net differences between conditions of military service and conditions of civilian employment. Topics discussed are: Modernized Military Pays and Allowances System; The Salary System; The Taxable Pay and Allowances System; and Total Military Compensation Assessment Methods.
Author: Publisher: ISBN: Category : Languages : en Pages : 178
Book Description
Compensation to service members is one of the largest components of the Department of Defense (DOD) budget. Its role in recruiting, retaining, and motivating the nation's uniformed services also makes it one of the most crucial elements of the budget. Without adequate compensation, the nation would be unable to sustain the all-volunteer force, in the size and with the skill set needed, to support the missions called for in the national security strategy. Today's demands on the force in operational theaters around the world, competition from the private sector in recruiting and retention, and changing interests of today's youth all demand robust action on the part of the uniformed services in attracting and sustaining their workforce. A critical tool in that endeavor is the compensation system. The Tenth Quadrennial Review of Military Compensation (10th QRMC), chartered by the President in August 2005, embarked on its review of the compensation system with the challenges of the current national security environment as context. It also considered the principles that should guide its efforts tenets against which its findings and recommendations would be evaluated and judged. The QRMC adopted four such principles to guide its analyses: 1. All-Volunteer 2. Flexible and Responsive 3. Strategic Best Value 4. Support Achievement of Strategic Objectives and Outcomes. These principles underpin a compensation system that must meet a wide range of essential and challenging force management goals. Against this background, the 10th QRMC focused its attention on seven compensation-related areas: 1. adequacy of compensation 2. special pays and bonuses 3. pay for performance 4. housing allowance 5. retirement system 6. health care 7. quality of life The first four topics are addressed in this volume, Volume 1, of the QRMC's report and are summarized below. The latter three will be covered in Volume 2.
Author: Publisher: ISBN: Category : Languages : en Pages : 200
Book Description
The military compensation system includes a complex package of cash, deferred, and noncash benefits. In general, this system works effectively to attract and retain the high-quality personnel needed in the uniformed services of the 21st century. That said, there is room for improvement to increase the system's flexibility and better enable force managers to respond to changing requirements in support of national security missions. Improvements can also increase member choice, serving to enhance recruiting and retention efforts in the uniformed services. Volume 1 of the Report of the Tenth Quadrennial Review of Military Compensation (10th QRMC) covered cash compensation the single largest component of military compensation. This volume, Volume 2, builds upon that effort with the results of the QRMCs evaluation of deferred and noncash compensation an evaluation that examined military retirement, health care, and quality of life programs. Cash compensation accounts for almost half of service members compensation; deferred, or future, benefits another 31 percent; and noncash compensation, such as health care, educational benefits, and many quality of life programs, the remaining 21 percent. The combination of deferred and noncash compensation is significantly higher than what is typically seen in civilian compensation plans, where these elements account for only one third of employee compensation. As compensation tools, deferred and noncash (or in-kind) benefits present unique challenges to force managers seeking to optimize the use of compensation resources. They are less efficient, their value is less easily understood by military personnel and their families, and, at least in many cases in the current system, they are relatively inflexible.
Author: David J. Galbreath Publisher: Routledge ISBN: 1317307089 Category : History Languages : en Pages : 769
Book Description
The Routledge Handbook of Defence Studies provides a comprehensive collection of essays on contemporary defence studies by leading international scholars. Defence studies is a multi-disciplinary study of how agents, predominantly states, prepare for and go to war. Whereas security studies has been broadened and stretched to cover at times the near totality of international and domestic affairs, and war studies has come to mean not just operations and tactics but also experiences and outcomes, defence studies remains a coherent area of study primarily aimed at how defence policy changes over time and in relation to stimulating factors such as alterations in power, strategy and technology. This new Handbook offers a complete landscape of this area of study and contributes to a review of defence studies in terms of policy, security and war, but also looks forward to new challenges to existing conceptions of defence and how this is changing as states and their militaries also change. The volume is divided into four thematic sections: Defence as Policy; Defence Practice; Operations and Tactics; and Contemporary Defence Issues. The ability to review the field while also looking forward to further research is an important element of a sustainable text on defence studies. In as much as this volume is able to highlight the main themes of defence studies, it also offers an in-depth look into how defence issues can be examined and compared in a contemporary setting. This Handbook will be of great interest to students of defence studies, strategic studies, war studies, security studies and IR.
Author: Beth J. Asch Publisher: Rand Corporation ISBN: 9780833085986 Category : Business & Economics Languages : en Pages : 0
Book Description
Through analysis of many alternatives, develops two concepts for reforming the military compensation system, both of which retain positive aspects of the current system while addressing criticisms related to fairness and fiscal sustainability.
Author: OFFICE OF THE SECRETARY OF DEFENSE WASHINGTON DC. Publisher: ISBN: Category : Languages : en Pages : 394
Book Description
In the analysis, the value of total compensation to the service member, in FY82, was used as a point of reference. First, the history and implementation of the various retirement benefits were reviewed in detail. Previous studies and resultant proposals to change the retirement system were thoroughly examined. Then, any proposed changes in compensation were assessed by evaluating their ultimate impact on force structure, related force effectiveness and resultant costs. Particular attention was focused on the system's effectiveness as a general long-term force management tool that must attract and retain the high-quality career force essential for our national security as well as support the development of a ready pool of reserve manpower for immediate recall. In a substantial portion of this analysis, alternative to the existing retirement system were developed and evaluated. An additional focus was placed on the consideration of how the retirement system assists in the transition of service members to the private sector upon retirement, and to extent to which it provides adequate compensation when they later reach old age. An extensive study of post-service earnings of all veterans (both retired and separated) was conducted especially for this effort. The volume contains a statement of the concepts and principles of Uniformed Services compensation, a detailed description of the computer modelling techniques employed, and a comprehensive discussion of the groups' findings and recommendations for change. The information in this volume is presented in such a manner that is understandable to the average reader yet technically correct and highly revealing to the econometrician.
Author: Carla Tighe Murray Publisher: ISBN: Category : United States Languages : en Pages : 48
Book Description
Introduction and summary. Defining military compensation ; Comparing military and civilian compensation ; Factors that complicate military-civilian comparisons -- Military pay, promotions, and rank -- Estimates of military compensation. Total compensation for enlisted personnel by years of experience ; Cash earnings for selected occupations -- Comparing increases in military and civilian pay. The "gap" between changes in basic pay and civilian earnings ; Issues in using the "pay gap" to evaluate military compensation ; Increases in regular military compensation versus the employment cost index -- Comparing levels of military and civilian pay. Cash compensation ; Noncash and deferred benefits ; General limitations of military-civilian comparisons -- Linking military compensation to recruiting and retention. Effectiveness of using pay to resolve occupational shortages or surpluses ; Effects of cash and noncash compensation on recruiting and retention -- Options to increase the visibility and efficiency of military compensation. Integrating the components of total compensation ; Increasing cash relative to noncash compensation -- Appendix A: Total compensation for the median enlisted member -- Appendix B: How pay changes with deployment -- Appendix C: Types of occupation- or skills-based compensation.