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The dynamic retention model for Air Force officers : new estimates and policy simulations of the aviator continuation pay program / Michael Mattock, Jeremy Arkes ; prepared for the United States Air Force.

RAND Reports Available online

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Format:
Book
Government document
Author/Creator:
Mattock, Michael G., 1961-
Contributor:
Project Air Force (U.S.)
United States. Air Force.
Arkes, Jeremy.
Series:
Technical report (Rand Corporation)
Language:
English
Subjects (All):
United States. Air Force--Recruiting, enlistment, etc.
United States.
United States. Air Force--Pay, allowances, etc.
United States. Air Force--Personnel management--Mathematical models.
Employee retention--United States--Mathematical models.
Employee retention.
Physical Description:
1 online resource (xv, 67 pages) : illustrations
Place of Publication:
Santa Monica, CA : RAND Corporation, 2007.
Summary:
The U.S. Air Force (USAF) needs accurate models to develop retention policies that ensure the force has a sufficient number of experienced officers to meet current and future requirements. The dynamic retention model (DRM) can be used to take into account the effect of the availability of multi-year contracts to certain classes of Air Force officers. Unlike the annualized cost of leaving (ACOL) model long used by researchers working on USAF personnel issues, the DRM takes into account the value an officer may place on future career flexibility in the face of uncertainty, and thus is particularly well suited to examining the effect of bonus programs that have service commitments, such as the Aviator Continuation Pay (ACP) program, which pays an annual bonus to pilots and certain groups of navigators and air battle managers who commit to extend their service for specified numbers of years or to a specified length of service.

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