The DPAC Compensation Model: An Introductory Handbook.

Abstract

The Personnel Analysis Center of the Directorate of Personnel Plans, Deputy Chief of Staff for Personnel, Headquarters US Air Force (AF/DPAC), is responsible for analyzing the effect of a wide range of current and proposed AF personnel and compensation policies. A fundamental tool DPAC uses in its analyses of compensation policies is a multi-option, interactive computer program known as the Compensation Model, which is based on the annualized cost of leaving (ACOL) framework. This handbook introduces new users to the ACOL framework and provides some guidelines for choosing reasonable values for the four long-run parameters required to run the Compensation Model: the inflation rate, the rates of real growth in military and private-sector compensation, and the real personal discount rate. The handbook assumes at least a basic knowledge of the AF personnel and active-duty pay systems, the military retirement system, several micro- and macroeconomic principles, present discounted value calculations, and compound growth rates. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Apr 01, 1987
Accession Number
ADA182081

Entities

People

  • James M. Norris

Organizations

  • Air Command and Staff College

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Active Duty
  • Administrative Personnel
  • Air Force
  • Air Force Personnel
  • Business Administration
  • Computer Programming
  • Computer Programs
  • Computers
  • Economics
  • Employment
  • Enlisted Personnel
  • Management Personnel
  • Military Personnel
  • Organizational Structure
  • Personnel Management
  • Personnel Retention
  • Students

Readers

  • Economics
  • Life Cycle Cost Analysis
  • Personnel Management and Statistics in the Military and Department of Defense