Keeping Military Pay Competitive: The Outlook for Civilian Wage Growth and Its Consequences
Abstract
Attracting and keeping high-quality personnel has been a challenge for the military services during much of the past decade. In response to growing concerns about military readiness and missed recruiting goals, and recognizing that compensation plays an important part in career decisionmaking, Congress recently approved significant increases in military pay. Many in the defense community expected that these changes would "solve" recent recruiting and manning problems. However, RAND analysis suggests further challenges ahead. The military faces stiffer competition from higher education as more and more young Americans attend college each year. Meanwhile, the financial returns to college education have been on the rise for 20 years or more. These and other factors, outlined in this issue paper, suggest that more must be done if military pay is to remain competitive in the future.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 2001
- Accession Number
- ADA388165
Entities
People
- James R. Hosek
- Jennifer Sharp
Organizations
- RAND Corporation