The Effects of Bonuses on Army Reserve Reenlistments. An Empirical Bayes Approach
Abstract
The President's Sixth Quadrennial Review of Military Compensation placed special emphasis on reserve compensation. This paper was written in support of the Sixth QRMC. Empirical Bayes estimation techniques have been especially useful in applications where existing data bases have been small or incomplete. An empirical Bayes analysis of Army Reserve reenlistment data showed that bonuses increased committed man-years of service and that 6-year bonuses are most cost-effective than 3-year bonuses. Keywords: Reserves; Economics; Earnings; Pay; Benefits; Recruiting; Retention; Reenlistments; Quadrennial Review of Military Compensation(QRMC); National guard; Compensation.
Document Details
- Document Type
- Technical Report
- Publication Date
- Oct 01, 1987
- Accession Number
- ADA188770
Entities
People
- Charles Dale
Organizations
- U.S. Army Research Institute for the Behavioral and Social Sciences