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Book An Analysis of the Effects of Increases in Aviation Bonuses on the Retention of Naval Aviators Using an Annualized Cost of Leaving  ACOL  Approach

Download or read book An Analysis of the Effects of Increases in Aviation Bonuses on the Retention of Naval Aviators Using an Annualized Cost of Leaving ACOL Approach written by David Riebel and published by . This book was released on 1996-03-01 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this thesis is to develop an Annualized Cost of Leaving (ACOL) model to predict Naval aviator separation decisions in response to changes in aviation bonus pays, specifically Aviation Continuation Pay (ACP) and Aviation Career Incentive Pay (ACIP). The ACOL approach models an individual's decision to stay or leave the military based on the monetary differences between alternative career choices. The individual's 'taste' or preference for military versus civilian life are incorporated into the decision modeling process. The model assumes that individuals will stay in the military if the positive difference between expected military pay and expected civilian pay (the cost-of-leaving) exceeds the distaste for the military lifestyle. Officer Master File (OMF) data from the Defense Manpower Data Center (DMDC) and data developed by Turner (NPS 1995) were used to determine individual characteristics and to compute the present value of the expected military pay stream. Census Bureau data were used to estimate future expected civilians earnings. A logit regression model was developed to simulate the retention of Naval aviators in response to changes in the ACOL due to increases in ACIP or ACP. The results indicate that the proposed increases in either ACIP or ACP are cost effective ways of increasing the retention of Naval aviators.

Book An Analysis of the Effects of Aviation Career Continuation Pay  ACCP  Using an Annualized Cost of Leaving  ACOL  Approach

Download or read book An Analysis of the Effects of Aviation Career Continuation Pay ACCP Using an Annualized Cost of Leaving ACOL Approach written by H. E. Mills and published by . This book was released on 1999-09-01 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Navy offers financial inducements to its pool of aviators as a retention tool. Navy officials are currently considering replacing the current system of bonus payments, known as Aviation Continuation Pay (ACP), with a revised system known as Aviation Career Continuation Pay (ACCP). ACCP ties annual lump sum payments to accession to seagoing career milestone billets, whereas ACP provides payment only for remaining on active duty. This thesis analyzes retention statistics from the Navy Officer Master File and other data sources to develop an Annualized Cost of Leaving (ACOL) model. The model parameter that designates a monetary equivalent for a predilection to remain in the service was extrapolated into elements of the ACCP program using career progression statistics to project the effect of switching to ACCP on retention. This extrapolation yielded an estimation of a 19.68 percent increase in the likelihood of retention through year of service (YOS) 11 to YOS 20, 29.72 percent from YOS 16 to 20, 13.9 percent from YOS 16 to 25, and 8.86 percent from YOS 21 to 25.

Book Government Reports Announcements   Index

Download or read book Government Reports Announcements Index written by and published by . This book was released on 1996 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Pay and Retention of Marine Corps Aviators

Download or read book Pay and Retention of Marine Corps Aviators written by Peter F. Kostiuk and published by . This book was released on 1985 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report investigate the effect of pay on the retention of Marine Corps aviators. It uses a simplified version of the annualized cost of leaving (ACOL) model to estimate the impact of pay changes on the voluntary attrition of Marine aviators. The estimated pay effects are then used to evaluate the potential effect of three recent proposals to adjust the structure of Aviation Career Incentive Pay (ACIP). The analysis found that pay does have a significant effect on aviator retention. The estimated elasticity of attrition with respect to the pay differential is -0.26.(The elasticity gives the percentage change in attrition for a 1-percent change in pay.) The three proposed changes to ACIP evaluated by CNA would eliminate ACIP for officers with over 25 years of service (YOS), 20 YOS, or 12 YOS. Table I shows the associated costs and benefits of each alternative. The benefits are reduced ACIP payments, and the cost is the expense of training replacement pilots for those who will leave the military because of the pay change. The estimates show that each proposal will actually increase total expenditures once the replacement training costs are included. The aviator's decision to stay in the Marine corps is analyzed as an occupational choice, in which an individual chooses among a set of career opportunities, selecting the career that maximizes discounted lifetime earnings. For this study of aviators, the value of continuing in a military career is compared to the potential earnings of civilian airline pilots. Data form the military pay tables and on the average salaries of civilian airline pilots are used to calculate the expected present value of earnings over different lengths of time.

Book The Navy s pilot shortage  a selective bonus and other actions could improve retention

Download or read book The Navy s pilot shortage a selective bonus and other actions could improve retention written by United States. General Accounting Office and published by . This book was released on 1980 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Evaluating the Navy Aviation Career Continuation Pay Proposal

Download or read book Evaluating the Navy Aviation Career Continuation Pay Proposal written by Carol S. Moore and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Assistant Deputy Chief of Naval Operations (Manpower and Personnel) asked CNA to evaluate a proposed aviator retention bonus, Aviation Career Continuation Pay (ACCP). In this briefing, we estimate the impact of ACCP on the retention of naval aviators, predict the costs of meeting requirements under ACCP and make comparisons with retention and cost under the existing aviation retention bonus. The report finds that ACCP will generate minor shortages of jet pilots, but retention in the prop, helo, and NFO communities will increase. In general, ACCP costs more than ACP because it purchases equality as well as a given rate of retention. ACCP is a relatively cost-effective means of providing equality.

Book Evaluating the Navy Aviation Career Continuation Pay Proposal

Download or read book Evaluating the Navy Aviation Career Continuation Pay Proposal written by Carol S. Moore and published by . This book was released on 1999 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Assistant Deputy Chief of Naval Operations (Manpower and Personnel) asked CNA to evaluate a proposed aviator retention bonus, Aviation Career Continuation Pay (ACCP). In this briefing, we estimate the impact of ACCP on the retention of naval aviators, predict the costs of meeting requirements under ACCP and make comparisons with retention and cost under the existing aviation retention bonus. The report finds that ACCP will generate minor shortages of jet pilots, but retention in the prop, helo, and NFO communities will increase. In general, ACCP costs more than ACP because it purchases equality as well as a given rate of retention. ACCP is a relatively cost-effective means of providing equality.

Book An Analysis of the Separation Bonus  VSI SSB  Program Using the Annualized Cost of Leaving Model

Download or read book An Analysis of the Separation Bonus VSI SSB Program Using the Annualized Cost of Leaving Model written by Frank Rogge and published by . This book was released on 1996-03-01 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis investigates the effect of the Voluntary Separation Incentive/ Special Separation Bonus (VSI/SSB) on the voluntary separation behavior of Navy officers and Navy enlisted personnel using the Annualized Cost of Leaving (ACOL) model. The thesis also estimates the effect of the threat of a reduction-in-force (RIF) on VSI/SSB program acceptance behavior. Data provided by the Defense Data Manpower Center (DMDC) on VSI/SSB eligible Navy officers and Navy and Air Force enlisted personnel in FY93 and FY92 are used for the empirical analyses. Multivariate probit models are estimated to predict the voluntary separation rate in the absence of the financial incentive. These estimates are used to calculate the costs and benefits of the VSI/SSB program for both Navy officers and Navy enlisted personnel. This thesis finds that the VSI/SSB program increased the voluntary separation rate by 44.93 percent for Navy officers, but only by 4.29 percent for Navy enlisted personnel. The threat of RIF significantly increases voluntary separation rates.

Book The Impact of the Military Drawdown on USN Aviator Retention Rates

Download or read book The Impact of the Military Drawdown on USN Aviator Retention Rates written by Russell S. Turner and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this thesis is to design and construct a unique analytical data base to be used to examine the effects of the military drawdown on the retention of Naval aviators. Past analyses of retention have focused primarily on the individual retention decision. This thesis uses grouped data defined by year of commission, fiscal year, and aviator type. The analysis quantifies the relationship between various downsizing policies and cohort continuation rates while controlling for the effects of time-since-MSR (minimum service requirement) and civilian unemployment. Separate regression models are specified for the jet, prop, and helo pilot communities, and for the jet and prop NFO communities, with the continuation rate as the dependent variable. The models are estimated using weighted OLS. The samples contained observations on a total of 1,907 cohort continuation rates for each fiscal year between 1977 and 1993. The study found that the percentage of Aviation Continuation Pay bonuses available in a given year is directly related to the grouped continuation rate. The effect of the VSI/SSB and IRAD progrnas was found to be statistically insignificant. Thus, it was concluded that the downsizing policies have had only a minor effect on the underlying, baseline continuation rate.

Book The Impact of the Military Drawdown on USN Aviator Retention Rates

Download or read book The Impact of the Military Drawdown on USN Aviator Retention Rates written by Russell S. Turner and published by . This book was released on 1995 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this thesis is to design and construct a unique analytical data base to be used to examine the effects of the military drawdown on the retention of Naval aviators. Past analyses of retention have focused primarily on the individual retention decision. This thesis uses grouped data defined by year of commission, fiscal year, and aviator type. The analysis quantifies the relationship between various downsizing policies and cohort continuation rates while controlling for the effects of time-since-MSR (minimum service requirement) and civilian unemployment. Separate regression models are specified for the jet, prop, and helo pilot communities, and for the jet and prop NFO communities, with the continuation rate as the dependent variable. The models are estimated using weighted OLS. The samples contained observations on a total of 1,907 cohort continuation rates for each fiscal year between 1977 and 1993. The study found that the percentage of Aviation Continuation Pay bonuses available in a given year is directly related to the grouped continuation rate. The effect of the VSI/SSB and IRAD progrnas was found to be statistically insignificant. Thus, it was concluded that the downsizing policies have had only a minor effect on the underlying, baseline continuation rate.

Book The Navy s Pilot Shortage   a Selective Bonus and Other Actions Could Improve Retention

Download or read book The Navy s Pilot Shortage a Selective Bonus and Other Actions Could Improve Retention written by United States. General Accounting Office and published by . This book was released on 1980 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: While all the services have some pilot shortages, only the Navy has a severe shortage of pilots. As of September 1979, there were 24 percent fewer pilots in the Navy than it needed. GAO reviewed the Aviation Career Incentive Pay (ACIP) program which covers all military officers with flight duties. The objectives of this program include creating an equitable system of flight pay, attracting enough candidates for undergraduate pilot training, and inducing these pilots to make the service a career. Proposed changes to the ACIP have been made to help retain pilots. The changes include a 50 percent increase in flight duty pay for officers and enlisted personnel and added authority to give bonuses. Other factors influencing pilots' decisions to remain in or leave the military service were of concern. The causes of Navy pilot attrition and management actions that could counteract this trend were studied. While an increase in flight duty pay would have some effect on retention of pilots, it would go to many whose retention is not a serious problem. On the basis of the services' experiences, a targeted bonus would be more effective on the retention rates in critical shortage occupations, such as pilots. This bonus could be used by the Navy now and by the other services whenever shortages warrant it. Increasing flight duty pay across the board to recognize inflation misapplies the comparability pay principle to incentive pay. The Navy has experienced greater than normal attrition in pilots. For the last 5 years it has been unable to meet its planned training rates, and during the 1975 through 1978 period, it separated pilots who wanted to stay on duty and could have been retained to ease the shortage. Action being taken to curb the current pilot shortage includes recalling pilots previously released, placing higher priority on filling instructor pilot positions to overcome training shortfalls, and stopping involuntary pilot separations. Factors contributing to pilot loss included a dramatic increase in airline hiring. Those who were leaving the Navy indicated dissatisfaction with other aspects of naval aviation. The career disincentives cited were: separation from family, decreased flight time, overall career dissatisfaction, inadequate career counseling, unattractiveness of shipboard duty, not enough chances for further specialization, decreased chances for advanced education, inflexible assignment and promotion policies, and benefit and retirement uncertainties.

Book Development of a Forecasting Model of Naval Aviator Retention Rates

Download or read book Development of a Forecasting Model of Naval Aviator Retention Rates written by Matthew F. Coughlin and published by . This book was released on 1996-03-01 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this thesis is to develop an estimating model to predict the effects of various internal and external variables on Naval aviator retention rates. The estimating model will be useful to aviation program managers to develop a spreadsheet tool for predicting retention rates for Naval aviators. Past analyses have focused mainly on analyzing micro-level data. This thesis uses grouped retention rates for all Naval aviators for fiscal years 1977 through 1993 to determine factors associated with the retention decisions made by specific cohorts. The analysis quantifies the relationships between retention and various internal, external and time-related factors. Among the internal factors are various downsizing policies such as the Voluntary Separation Incentive/ Selective Separation Bonus (VSI/SSB) program and rightsizing tools such as the Aviation Continuation Pay (ACP) program. External factors examined include both civilian unemployment rates and major airline hiring rates. Additionally, time since minimum service requirement (MSR) was included in the models to control for the effects on aviator continuation rates of the expiration of the MSR during the 6-11 year mark of an aviator's career. Models were specified for each of the naval aviation communities including jet, propeller, and helicopter, and estimated using a grouped LOGlT estimation technique. The study finds that civilian unemployment rates, VSI/SSB, ACP and airline hiring rates have significant effects on retention in the various aviation communities.

Book Retaining U S  Air Force Pilots when the Civilian Demand for Pilots is Growing

Download or read book Retaining U S Air Force Pilots when the Civilian Demand for Pilots is Growing written by Michael G. Mattock and published by Rand Corporation. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increases in major airline hiring could cause Air Force pilot shortfalls. The authors analyzed supply, compensation, and demand to estimate changes in civilian pilot pay and hiring and the level of aviator retention pay needed as a countermeasure.

Book Cyber Workforce Retention

    Book Details:
  • Author : William E. Parker
  • Publisher :
  • Release : 2016-10
  • ISBN : 9781585662647
  • Pages : pages

Download or read book Cyber Workforce Retention written by William E. Parker and published by . This book was released on 2016-10 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Naval Aviation Maintenance Program  NAMP    Maintenance data systems

Download or read book The Naval Aviation Maintenance Program NAMP Maintenance data systems written by United States. Office of the Chief of Naval Operations and published by . This book was released on 1990 with total page 870 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Space Age Acronyms

    Book Details:
  • Author : Reta C. Moser
  • Publisher : Springer Science & Business Media
  • Release : 2012-12-06
  • ISBN : 1461595940
  • Pages : 486 pages

Download or read book Space Age Acronyms written by Reta C. Moser and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: Acronym agglomeration is an affliction of the age, and there are acronym addicts who, in their weakness, find it impossible to resist them. More than once in recent months my peers have cautioned me about my apparent readiness to use not only acronyms, but abbreviations, foreign isms, codes, and other cryptic symbols rather than common, ordinary American words. Many among us, though, either have not received or have chosen to ignore such advice. As a consequence, what we write and speak is full of mystery and confusion. It is then for the reader and listener and for the writer and speaker that Reta C. Moser has compiled this guide. Its effective application to the art of communication is urged. Such use should help avoid many of the misunderstandings involving terminology which occur daily. Although such misunderstandings are certainly crucial in humanistic and social situations, they are often of immediate import and the trigger to disaster in scientific, technical, and political situations. Some 15,000 acronyms and 25,000 definitions are provided (a 50- and 47 -percent increase over the 1964 edition!), with due credit to Miss Moser's diligence in making the compilation and with the acknowledgment that the acronymical phenomenon is very much with us. This edition, like the first, is certain to be of value to writers, librarians, editors, and others who must identify and deal with acronyms.

Book Understanding Obstacles to Peace

Download or read book Understanding Obstacles to Peace written by Mwesiga Laurent Baregu and published by IDRC. This book was released on 2011 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes and analyzes protracted conflicts in the Great Lakes Region of Africa. In doing so, it emphasizes obstacles to peace rather than root causes of conflict. Case studies are presented from Burundi, the Democratic Republic of the Congo, Northern Kenya, Northern Uganda, Southern Sudan, and Zanzibar. Amongst other conclusions, the book shows that, to settle or transform protracted conflicts, distinction must be made between strategic and nonstrategic actors: the former must be able to prevail upon the latter in the negotiation and implementation of peace agreements. The theme and collection of the research presented in this book is unique in the literature. The case studies all employ methods of othick description, o process tracing (following particular actors and their interests), and in-depth personal interviews. The book will be of interest to academics, researchers, undergraduate and post-graduate students, and professionals in conflict theory, analysis and resolution, African and development studies, political science and international affairs, as well as to mediators, negotiators, and facilitators in conflict resolution