Educational Benefits Versus Enlistment Bonuses

A Comparison of Recruiting Options

by Beth J. Asch, James N. Dertouzos

Download

Download eBook for Free

FormatFile SizeNotes
PDF file 2 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.

Purchase

Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback67 pages $15.00 $12.00 20% Web Discount

The relative cost-effectiveness of two incentive programs for recruitment — enlistment bonuses and educational benefits — are analyzed. The analysis also considers the effects of such programs on the service history of recruits, including reserve component accessions. Educational benefits are shown to significantly expand enlistment supply and increase incentives for first term completion. Relative to bonus programs, educational benefits enhance the flow of prior-service individuals into the Selected Reserves and have reduced costs because payments are deferred.

Table of Contents

  • Chapter One

    Introduction

  • Chapter Two

    Methodology

  • Chapter Three

    Total Force Results

  • Chapter Four

    Comparing the Cost-Effectiveness of Bonuses and Educational Benefits

  • Chapter Five

    Conclusions

  • Appendix A

    Estimating Attrition, Separation, Retention, and Training Times

  • Appendix B

    Total Force Effects: Unconditional Probabilities

  • Appendix C

    Calculating the Actuarial Cost of Educational Benefits

This report is part of the RAND Corporation monograph report series. The monograph/report was a product of the RAND Corporation from 1993 to 2003. RAND monograph/reports presented major research findings that addressed the challenges facing the public and private sectors. They included executive summaries, technical documentation, and synthesis pieces.

Permission is given to duplicate this electronic document for personal use only, as long as it is unaltered and complete. Copies may not be duplicated for commercial purposes. Unauthorized posting of RAND PDFs to a non-RAND Web site is prohibited. RAND PDFs are protected under copyright law. For information on reprint and linking permissions, please visit the RAND Permissions page.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.