Retention and Value of USAF Cost Analysts.
AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OH SCHOOL OF SYSTEMS AND LOGISTICS
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The questions of retention of and value of USAF cost analysts were examined in this thesis. The literature review covered meta-analysis, utility analysis, and human resource accounting to establish the method and validity of quantifying the value of an individual in the language of business, the dollar. The method is applicable to any career field. Published pay surveys and employment agencies were consulted to determine salary information, leading to the determination of the individuals value. The basic formula is S separation costs R replacement costs T training costs IV individual value TV total value. There did not appear to be a problem with retention of USAF cost analysts at ths time. The value loss to the Air Force of a cost analyst varies greatly, but can be significant in absolute dollar terms. Keywords Personnel Human resources and Value.
- Economics and Cost Analysis