Accession Number:

ADA270298

Title:

Air Force Pilot Retention: An Economic Analysis

Descriptive Note:

Master's thesis

Corporate Author:

AIR FORCE INST OF TECH WRIGHT-PATTERSONAFB OH

Personal Author(s):

Report Date:

1993-01-01

Pagination or Media Count:

77.0

Abstract:

This Air Force has been concerned with increasing the retention rates of its pilots. Three primary economic issues are presented in this paper. First, the economic theory of general and specific training in human capital is discussed. Human capital theory suggests that the type of training pilots receive may impact retention rates. Air Force pilot training will be discussed in light of this theory. The second issue presented is the theory of compensating wage differentials. It is demonstrated that the life time monetary compensation offered to pilots in the Air Force is significantly below that of pilots flying for a major airline. Monetary compensation, as well as non-wage amenities and job attributes, are discussed and compared in the two sectors. The final subject discussed concerns the institutional issues which may impact pilot retention. It is suggested that the Air Forces institutional structure resembles that of an internal labor markets. Internal labor market theory is discussed, as well as alternative institutional structures which might be used to increase pilot retention

Subject Categories:

  • Economics and Cost Analysis
  • Personnel Management and Labor Relations

Distribution Statement:

APPROVED FOR PUBLIC RELEASE