The Resource An enhanced capability to model how compensation policy affects U.S. Department of Defense civil service retention and cost, David Knapp, Beth J. Asch, Michael G. Mattock, James Hosek

An enhanced capability to model how compensation policy affects U.S. Department of Defense civil service retention and cost, David Knapp, Beth J. Asch, Michael G. Mattock, James Hosek

Label
An enhanced capability to model how compensation policy affects U.S. Department of Defense civil service retention and cost
Title
An enhanced capability to model how compensation policy affects U.S. Department of Defense civil service retention and cost
Statement of responsibility
David Knapp, Beth J. Asch, Michael G. Mattock, James Hosek
Creator
Contributor
Author
Issuing body
Sponsoring body
Subject
Language
eng
Summary
"Policymakers need a rigorous capability to evaluate the retention and cost effect of possible changes to U.S. Department of Defense (DoD) civilian workforce compensation. The research reported here extends earlier work by estimating dynamic retention models (DRMs) for entry cohorts from 1988 to 2000; estimating new age--earning profiles for federal civilian and private-sector workers for use as an input to the DRM; examining DRM parameter estimates by cohort to check for consistency and possible trends, such as a change in the preference for DoD civilian employment across cohorts; and developing a costing model for comparing the cost of alternative policies along with their retention effects. The earning analysis finds that estimates based on recent cross-sectional data from the American Community Survey closely reflect earning profiles constructed from synthetic cohorts of Current Population Survey data. Differences in the preferences for DoD civilian employment across cohorts are small, and the use of a DRM estimated from a sample combining the cohorts is justifiable. The DRM fits the data well for each cohort and the combined sample. The new capability is demonstrated by simulating the retention and cost effect of a policy change mandating that workers pay a larger share of the total contributions to the Federal Employees Retirement System." --Publisher website
Cataloging source
BTCTA
http://library.link/vocab/creatorName
Knapp, David
Illustrations
illustrations
Index
no index present
LC call number
HF5549.5.R58
LC item number
K53 2016
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorDate
1961-
http://library.link/vocab/relatedWorkOrContributorName
  • Asch, Beth J.
  • Mattock, Michael G.
  • Hosek, James R.
  • National Defense Research Institute (U.S.)
  • United States
  • Rand Corporation
http://library.link/vocab/subjectName
  • United States
  • Federal Employees' Retirement System (U.S.)
  • Federal Employees' Retirement System (U.S.)
  • United States
  • Employee retention
  • Employee retention
  • Employees
  • United States
Label
An enhanced capability to model how compensation policy affects U.S. Department of Defense civil service retention and cost, David Knapp, Beth J. Asch, Michael G. Mattock, James Hosek
Instantiates
Publication
Copyright
Note
  • "RR-1503-OSD"--P. 4 of cover
  • At head of title: RAND National Defense Research Institute
  • "Prepared for the Office of the Secretary of Defense, Personnel and Readiness/DCPAS/HROPS (Compensation)."
Bibliography note
Includes bibliographical references (pages 87-89)
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
  • text
  • still image
Content type code
  • txt
  • sti
Content type MARC source
  • rdacontent
  • rdacontent
Contents
Entry cohort characteristics -- Dynamic retention model: overview and extensions -- Estimates of federal and private-sector pay profiles -- Dynamic retention model estimation results -- Policy simulations
Dimensions
28 cm
Extent
xv, 89 pages
Isbn
9780833096395
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
color illustrations
System control number
  • (OCoLC)964502392
  • (OCoLC)ocn964502392
Label
An enhanced capability to model how compensation policy affects U.S. Department of Defense civil service retention and cost, David Knapp, Beth J. Asch, Michael G. Mattock, James Hosek
Publication
Copyright
Note
  • "RR-1503-OSD"--P. 4 of cover
  • At head of title: RAND National Defense Research Institute
  • "Prepared for the Office of the Secretary of Defense, Personnel and Readiness/DCPAS/HROPS (Compensation)."
Bibliography note
Includes bibliographical references (pages 87-89)
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
  • text
  • still image
Content type code
  • txt
  • sti
Content type MARC source
  • rdacontent
  • rdacontent
Contents
Entry cohort characteristics -- Dynamic retention model: overview and extensions -- Estimates of federal and private-sector pay profiles -- Dynamic retention model estimation results -- Policy simulations
Dimensions
28 cm
Extent
xv, 89 pages
Isbn
9780833096395
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
color illustrations
System control number
  • (OCoLC)964502392
  • (OCoLC)ocn964502392

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