The Effects of Bonuses on Army Reserve Reenlistments. An Empirical Bayes Approach
Abstract:
The Presidents 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 CompensationQRMC National guard Compensation.
Security Markings
DOCUMENT & CONTEXTUAL SUMMARY
Distribution:
Approved For Public Release
Distribution Statement:
Approved For Public Release; Distribution Is Unlimited.
RECORD
Collection: TR