Effect of the Variable Reenlistment Bonus on Reenlistment Rates: Empirical Results for FY 1971
Jan 1, 1975
First Year's Experience
|Add to Cart||Paperback100 pages||$25.00||$20.00 20% Web Discount|
The response of the Navy's nuclear-trained enlisted force to a special continuation bonus, enacted by Congress in 1972 to forestall an expected shortage of supervisors. The nuclear-trained petty officer continuation bonus, payable to reenlistees with six to ten years' completed service, accumulates to more than $12,000 over the reenlistment term. The direct effect of this unique reenlistment incentive is analyzed here with data from the first four full quarters of bonus experience. Findings indicate that (1) the overall reenlistment rate for NTPOs with six to nine years' service has more than doubled between pre-bonus and bonus periods; (2) the reenlistment rate at six years shows the smallest improvement; (3) the NTPO-CB has been responsible for 862 additional man-years; (4) from FY 1974 to FY 1978, the bonus is projected to result in 900 additional reenlistments; and (5) total additional costs per additional man decline steadily over the projection period.
This report is part of the RAND Corporation Report series. The report was a product of the RAND Corporation from 1948 to 1993 that represented the principal publication documenting and transmitting RAND's major research findings and final research.
This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.
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.