EBookClubs

Read Books & Download eBooks Full Online

EBookClubs

Read Books & Download eBooks Full Online

Book Military Compensation  Balancing Cash and Noncash Benefits

Download or read book Military Compensation Balancing Cash and Noncash Benefits written by and published by . This book was released on 2004 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: To attract and retain the military personnel that it needs, the Department of Defense (DoD) must offer a compensation package that is competitive with those in the civilian sector and that adequately rewards service members for the rigors of military life. The Congressional Budget Office (CBO) estimates that in 2002 (the most recent year for which comprehensive data are available), the average active-duty service member received a compensation package worth about $99,000. Noncash compensation represents almost 60 percent of the military pay package. Cash compensation -- basic pay, allowances for things like food and housing, special pay and bonuses, and the tax advantage that service members receive because some allowances are not subject to federal income tax -- makes up the other 40 percent. This issue brief provides an overview of the military compensation package and the issues surrounding the current mix of compensation. The military's traditional use of noncash benefits reflects, in part, a belief that such benefits are cost-effective because they support unit cohesion and reduce the costs that service members incur in searching for new schools, stores, and housing as they move among installations. However, today's military increasingly emphasizes a more expeditionary force -- deploying service members overseas without their families for a shorter period of time rather than rotating members and families to and from overseas garrisons for extended tours. Therefore, some analysts believe that a compensation package more heavily weighted toward cash, which would allow service members to choose the goods and services that they valued most, would enable DoD to maintain a larger and even more capable force for the same total cost.

Book Evaluating Military Compensation

Download or read book Evaluating Military Compensation written by Carla Tighe Murray and published by . This book was released on 2007 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction and summary. Defining military compensation ; Comparing military and civilian compensation ; Factors that complicate military-civilian comparisons -- Military pay, promotions, and rank -- Estimates of military compensation. Total compensation for enlisted personnel by years of experience ; Cash earnings for selected occupations -- Comparing increases in military and civilian pay. The "gap" between changes in basic pay and civilian earnings ; Issues in using the "pay gap" to evaluate military compensation ; Increases in regular military compensation versus the employment cost index -- Comparing levels of military and civilian pay. Cash compensation ; Noncash and deferred benefits ; General limitations of military-civilian comparisons -- Linking military compensation to recruiting and retention. Effectiveness of using pay to resolve occupational shortages or surpluses ; Effects of cash and noncash compensation on recruiting and retention -- Options to increase the visibility and efficiency of military compensation. Integrating the components of total compensation ; Increasing cash relative to noncash compensation -- Appendix A: Total compensation for the median enlisted member -- Appendix B: How pay changes with deployment -- Appendix C: Types of occupation- or skills-based compensation.

Book Military Pay

    Book Details:
  • Author : Congressional Research Congressional Research Service
  • Publisher : CreateSpace
  • Release : 2015-01-20
  • ISBN : 9781507737033
  • Pages : 24 pages

Download or read book Military Pay written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2015-01-20 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the earliest days of the republic, America's Armed Forces have been compensated for their services by the federal government. While the original pay structure was fairly simple, over time a more complex system of compensation has evolved. Today's military compensation includes cash payments such as basic pay, special and incentive pays, and various allowances. Servicemembers also receive non-cash benefits such as health care and access to commissaries and recreational facilities, and may eventually qualify for deferred compensation in the form of retired pay and other retirement benefits. This report provides an overview of military compensation generally, but focuses on cash compensation for current servicemembers. Since the advent of the all-volunteer force in 1973, Congress has used military pay and allowances to improve recruiting, retention, and the overall quality of the force. Congressional interest in sustaining the all-volunteer force during a time of sustained combat operations led to substantial increases in compensation in the decade following the September 11th attacks. More recently, concerns over government spending have generated congressional interest in slowing the rate of growth in military compensation. Some have raised concerns about the impact of personnel costs on the overall defense budget, arguing that they decrease the amount of funds available for modernizing equipment and sustaining readiness. Others argue that robust compensation is essential to maintaining a high-quality force that is vigorous, well-trained, experienced, and able to function effectively in austere and volatile environments. The availability of funding to prosecute wars in Iraq and Afghanistan mitigated the pressure to trade-off personnel, readiness, and equipment costs, but the current budgetary environment appears to have brought these trade-offs to the fore again. The average cost to compensate an active duty servicemember-to include cash, benefits, and contributions to retirement programs-is estimated at about $90,000-$100,000 per year, although some estimates are higher (methodologies vary). However, gross compensation figures do not tell the full story, as military compensation relative to civilian compensation is a key factor in an individual's decision to join or stay in the military. Thus, the issue of comparability between military and civilian pay is an often-discussed topic. Some analysts and advocacy groups have argued that a substantial "pay gap" has existed for decades-with military personnel earning less than their civilian counterparts-although they generally concede that this gap is fairly small today. Others argue that the methodology behind this "pay gap" is flawed and does not provide a suitable estimate of pay comparability. Still others believe that military personnel, in general, are better compensated than their civilian counterparts. This latter perspective has become more prominent in the past few years. The Department of Defense takes a different approach to pay comparability. The 9th Quadrennial Review of Military Compensation (QRMC), published in 2002, argued that compensation for servicemembers should be around the 70th percentile of wages for civilian employees with similar education and experience. However, according to the 11th QRMC, published in 2012, it had reached the 83% level for officers and the 90% level for enlisted personnel.

Book Report of the Tenth Quadrennial Review of Military Compensation  Volume 2  Deferred and Noncash Compensation

Download or read book Report of the Tenth Quadrennial Review of Military Compensation Volume 2 Deferred and Noncash Compensation written by and published by . This book was released on 2008 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The military compensation system includes a complex package of cash, deferred, and noncash benefits. In general, this system works effectively to attract and retain the high-quality personnel needed in the uniformed services of the 21st century. That said, there is room for improvement to increase the system's flexibility and better enable force managers to respond to changing requirements in support of national security missions. Improvements can also increase member choice, serving to enhance recruiting and retention efforts in the uniformed services. Volume 1 of the Report of the Tenth Quadrennial Review of Military Compensation (10th QRMC) covered cash compensation the single largest component of military compensation. This volume, Volume 2, builds upon that effort with the results of the QRMCs evaluation of deferred and noncash compensation an evaluation that examined military retirement, health care, and quality of life programs. Cash compensation accounts for almost half of service members compensation; deferred, or future, benefits another 31 percent; and noncash compensation, such as health care, educational benefits, and many quality of life programs, the remaining 21 percent. The combination of deferred and noncash compensation is significantly higher than what is typically seen in civilian compensation plans, where these elements account for only one third of employee compensation. As compensation tools, deferred and noncash (or in-kind) benefits present unique challenges to force managers seeking to optimize the use of compensation resources. They are less efficient, their value is less easily understood by military personnel and their families, and, at least in many cases in the current system, they are relatively inflexible.

Book Questions for the Record Related to Military Compensation

Download or read book Questions for the Record Related to Military Compensation written by Brenda S. Farrell and published by . This book was released on 2010 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: DOD's compensation package is a mix of cash and noncash benefits. However, in 2005, we reported that DOD's mix of compensation (i.e., the ratio of cash to noncash to deferred benefits) was highly inefficient for meeting near-term recruiting and retention needs. We further reported that cash pay in the present is generally accepted as a far more efficient tool than future cash or benefits for recruiting and retention.

Book Evaluting Military Compensation

Download or read book Evaluting Military Compensation written by Jaime G. Duenas and published by Nova Science Publishers. This book was released on 2009 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Military Personnel

    Book Details:
  • Author : United States. General Accounting Office
  • Publisher : DIANE Publishing
  • Release : 2004
  • ISBN : 1428937455
  • Pages : 32 pages

Download or read book Military Personnel written by United States. General Accounting Office and published by DIANE Publishing. This book was released on 2004 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Budget Options

    Book Details:
  • Author : United States. Congressional Budget Office
  • Publisher :
  • Release : 1977
  • ISBN :
  • Pages : 378 pages

Download or read book Budget Options written by United States. Congressional Budget Office and published by . This book was released on 1977 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Encyclopedia of Military Science

Download or read book Encyclopedia of Military Science written by G. Kurt Piehler and published by SAGE Publications. This book was released on 2013-07-24 with total page 1921 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Encyclopedia of Military Science provides a comprehensive, ready-reference on the organization, traditions, training, purpose, and functions of today’s military. Entries in this four-volume work include coverage of the duties, responsibilities, and authority of military personnel and an understanding of strategies and tactics of the modern military and how they interface with political, social, legal, economic, and technological factors. A large component is devoted to issues of leadership, group dynamics, motivation, problem-solving, and decision making in the military context. Finally, this work also covers recent American military history since the end of the Cold War with a special emphasis on peacekeeping and peacemaking operations, the First Persian Gulf War, the events surrounding 9/11, and the wars in Afghanistan and Iraq and how the military has been changing in relation to these events. Click here to read an article on The Daily Beast by Encyclopedia editor G. Kurt Piehler, "Why Don't We Build Statues For Our War Heroes Anymore?"

Book Air Force Magazine

Download or read book Air Force Magazine written by and published by . This book was released on 2004 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Service to Country

Download or read book Service to Country written by Curtis L. Gilroy and published by MIT Press. This book was released on 2006 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: Military, political, and academic experts analyze recent reforms in military personnel policies, including the shift to a smaller, all-volunteer force, improved working conditions, increased pay, and better quality of life for military families.

Book Department of Defense Authorization for Appropriations for Fiscal Year 2011

Download or read book Department of Defense Authorization for Appropriations for Fiscal Year 2011 written by United States. Congress. Senate. Committee on Armed Services and published by . This book was released on 2010 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Military personnel DOD needs more data before it can determine if costly changes to the reserve retirement system are warranted   report to congressional committees

Download or read book Military personnel DOD needs more data before it can determine if costly changes to the reserve retirement system are warranted report to congressional committees written by and published by DIANE Publishing. This book was released on 2004 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Military Personnel

    Book Details:
  • Author : United States. Government Accountability Office
  • Publisher :
  • Release : 2004
  • ISBN :
  • Pages : 64 pages

Download or read book Military Personnel written by United States. Government Accountability Office and published by . This book was released on 2004 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Meeting the Challenge of 9 11

Download or read book Meeting the Challenge of 9 11 written by Thomas H. Stanton and published by M.E. Sharpe. This book was released on 2006 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on how to make government more effective, especially in our post-9/11 era of heightened concern for national and homeland security. This is guidebook for improving government organization and performance. It addresses the key issues of homeland security (biodefense, border security, immigration control, and infrastructure protection).

Book Modernizing the U S  Financial Regulatory System

Download or read book Modernizing the U S Financial Regulatory System written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2009 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Handbook of Defense Economics

Download or read book Handbook of Defense Economics written by Todd Sandler and published by Elsevier. This book was released on 2007-04-12 with total page 699 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second volume of the Handbook of Defense Economics addresses defense needs, practices, threats, and policies in the modern era of globalization. This new era concerns the enhanced cross-border flows of all kinds (e.g., capital and labor flows, revolutionary rhetoric, guerrillas, and terrorists) including the spillovers of benefits and costs associated with public goods and transnational externalities (i.e., uncompensated interdependencies affecting two or more nations). These ever-increasing flows mean that military armaments and armies are less able to keep out security threats. Thus, novel defense and security barriers are needed to protect borders that are porous to terrorists, pollutants, political upheavals, and conflicts. Even increased trade and financial flows imply novel security challenges and defenses. Globalization also underscores the importance of a new set of institutions (e.g., the European Union and global governance networks) and agents (e.g., nongovernmental organizations and partnerships).This volume addresses the security challenges in this age of globalization, where conflicts involve novel tactics, new technologies, asymmetric warfare, different venues, and frightening weapons. Volume 2 contains topics not covered in volume 1 – i.e., civil wars, peacekeeping, economic sanctions, the econometrics of arms races, conversion, peace economics, and the interface of trade, peace, and democracy. Volume 2 also revisits topics from volume 1, where there has been a significant advancement of knowledge – i.e., conflict analysis, terrorism, arms races, arms trade, military manpower, and arms industries. All of the main securities concerns of today are analyzed. Chapters are written by the leading contributors in the topic areas.*Up-to-date surveys on the pressing defense issues: theoretical, empirical and policy issues.*Coverage of theoretical and empirical studies of terrorism.*Contributions by the leading researchers in the field of defense economics.