Morale: Smart Money

Archives

October 11, 2006: U.S. military personnel are getting a 2.2 percent raise next year. Some legislators had pushed for 2.7 percent, in order to narrow the gap (of about four percent) between military jobs and equivalent civilian ones. Instead of the higher raise, billions more money went into targeted pay increases. All warrant officers, and some mid-level NCOs will get additional raises. A lot of money is also going into re-enlistment bonuses. Research has shown that many troops are satisfied with current pay scales, but that some of those in key jobs (Special Forces, linguists, some technical specialties) are tempted to get out because of much better economic opportunities in civilian life. So more bonuses are being used to deal with this. That approach is nothing new. For decades, bonuses have been paid to doctors, pilots, submarine crewmen and others. Educational benefits the "G.I. Bill"), which remain a big draw for new recruits, also went up four percent. Former military personnel can now get up to $38,700 for educational expenses. Reservists, activated for at least a year, are eligible for up to $11,000.

 


Article Archive

Morale: Current 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 


X

ad
0
20

Help Keep Us Soaring

We need your help! Our subscription base has slowly been dwindling. We need your help in reversing that trend. We would like to add 20 new subscribers this month.

Each month we count on your subscriptions or contributions. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage. A contribution is not a donation that you can deduct at tax time, but a form of crowdfunding. We store none of your information when you contribute..
Subscribe   Contribute   Close