The Effect of the Bonus on the Retention of Nuclear-Qualified Submarine Officers

Abstract

The paper examines the quantitative effect of a continuation bonus on the retention of nuclear-qualified submarine officers. The study analyzes the retention response of officers to the bonus for all sources of commission, for NROTC Regulars, and for Naval Academy graduates. In addition to the measurement of the pay elasticity of each officer group, the paper presents a discussion of the cost-effectiveness of the bonus in terms of the additional expenditure required to obtain an additional man-year of service.

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1972
Accession Number
AD0754105

Entities

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  • Elliot S. Wetzler

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  • Institute for Defense Analyses

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  • Ground and Sea Platforms

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