Should the increase in military pay be slowed?

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Should the increase in military pay be slowed ...
James R. Hosek
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Last edited by MARC Bot
December 13, 2022 | History

Should the increase in military pay be slowed?

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Conditions are favorable for slowing the increase in military pay. Recruiting and retention are in excellent shape, and manpower requirements are planned to decrease. Basic pay grew 45 percent from 2000 to 2011, more than the Employment Cost Index (ECI) (up 33 percent) and the Consumer Price Index (CPI) (up 31 percent). Regular military compensation (RMC) grew even more. After adjusting for inflation, RMC grew an average of 40 percent for enlisted members and 25 percent for officers. RMC growth was higher because of increases in the basic allowance for housing. RMC is above the benchmark of 70th percentile of civilian pay and stands at the 80th percentile or higher for enlisted personnel and officers with a bachelor{u2019}s degree and the 75th percentile for officers with more than a bachelor{u2019}s. The authors discuss several approaches to slowing the rate of increase in military pay: (1) A one-time increase in basic pay set at half a percentage point below the ECI, (2) a one-year freeze in basic pay, and (3) a series of below-ECI increases, such as ECI minus half a percentage point for four years. The first option has lower cost savings, leaves open possible further action, yet may create more uncertainty about future pay changes. The second and third options provide several times more cost savings but may be politically more costly.

Publish Date
Language
English
Pages
34

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Edition Availability
Cover of: Should the increase in military pay be slowed?
Should the increase in military pay be slowed?
2012, Rand National Defense Research Institute
in English

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Book Details


Table of Contents

Introduction
Recruiting and retention outcomes, 2005-2011
Changes in the ECI and basic pay, 2000-2011
A comparison of ECI and median weekly wage increases since 2000
Conclusion
Appendix A: U.S. Code Title 37, Chapter 19, Section 1009, "Adjustments of monthly basic pay"
Appendix B: Health care cost avoidance
Appendix C: Civilian employment conditions.

Edition Notes

"Prepared for the Office of the Secretary of Defense."

Includes bibliographical references (pages 33-34).

Published in
Santa Monica, CA
Series
Technical report -- TR-1185-OSD, Technical report (Rand Corporation) -- TR-1185-OSD.

Classifications

Library of Congress
UC74 .H673 2012, UC74.H673 2012, UC74 .H67 2012

The Physical Object

Pagination
xvii, 34 pages
Number of pages
34

ID Numbers

Open Library
OL31107840M
ISBN 13
9780833074140
LCCN
2012944168
OCLC/WorldCat
804049276

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December 13, 2022 Edited by MARC Bot import existing book
September 17, 2021 Edited by ImportBot import existing book
November 13, 2020 Created by MARC Bot import new book