Download PDF by Rebecca M. Kilburn, Rachel Louie, Dana P. Goldman: Patterns of Enlisted Compensation (Rand Corporation Rand

By Rebecca M. Kilburn, Rachel Louie, Dana P. Goldman

ISBN-10: 0833024795

ISBN-13: 9780833024794

Army repayment is advanced, which includes over 70 diversified can pay and entitlements, a few of that are funds funds and a few of that are in-kind transfers. This learn presents a baseline description of the constitution of enlisted-personnel repayment.

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Additional resources for Patterns of Enlisted Compensation (Rand Corporation Rand Monograph Report)

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Since some of the primary characteristics of interest in our model are not time-varying, the fixedeffects approach is not a good strategy for this analysis. The random-effects model assumes that the individual-specific effect is uncorrelated with the regressors. Since we included a measure of ability—AFQT score—this assumption is likely to be violated. 1 Descriptive Interpretation This analysis was meant to document patterns of enlisted compensation rather than to explain why the patterns exist.

Treating them as one benefit has different implications for our description of the variance of compensation, which we discuss later in this section. 5 Mean Monthly Benefit (in dollars) for Those Receiving Selected Components, by Year of Service in 1991 Component Basic Pay BAQ BAS Housing Special Pays Enlistment/ Reenlistment Bonus 2 896 75 165 348 85 4 1,061 144 173 391 125 6 1,189 238 181 482 163 231 327 410 Year of Service 8 10 1,301 1,396 297 344 186 186 550 591 166 192 618 608 12 1,492 361 186 625 202 14 1,617 389 189 666 201 All 1,153 187 180 435 136 598 658 580 NOTE: All values are in 1992 dollars.

42 enlisted compensation than they contribute to the levels. While the largest contributor to the levels of Cash Compensation is Basic Pay, the largest contributor to variance in Cash Compensation is the Enlistment/Reenlistment Bonus. For Total Compensation, Basic Pay and the Retirement Benefit account for the majority of the levels, whereas the Retirement Benefit and the Enlistment/Reenlistment Bonus contribute the most to the variance. This exercise indicates that enlistees’ take-home pay is largely determined by the amount of Basic Pay they receive, but that if some service members are receiving more take-home pay than others, this difference is likely to be explained by differences in Enlistment/Reenlistment Bonuses.

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Patterns of Enlisted Compensation (Rand Corporation Rand Monograph Report) by Rebecca M. Kilburn, Rachel Louie, Dana P. Goldman

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