Accession Number : ADA483798
Title : Models of Compensation (MODCOMP): Policy Analyses and Unemployment Effects
Descriptive Note : Technical rept. Oct 1999-Sep 2003
Corporate Author : NAVY PERSONNEL RESEARCH STUDIES AND TECHNOLOGY MILLINGTON TN
Personal Author(s) : Golan, Amos ; Blackstone, Tanja F. ; Cashbagh, David M.
Full Text : http://www.dtic.mil/get-tr-doc/pdf?AD=ADA483798
Report Date : AUG 2008
Pagination or Media Count : 67
Abstract : The overall objective of this research is to analyze the impact of wage and bonus increases on enlisted personnel as well as personnel behavior over time and sensitivity to the macroeconomic conditions. Two types of models are used: the Amortized Cost of Leaving (ACOL) maximum likelihood and the non-ACOL information theoretic Generalized Maximum Entropy (GME) method. The bonus experiments for the ACOL models are done in the traditional manner and a way to improve those is discussed. The experiments for the non-ACOL model are developed and studied here.
Descriptors : *COMPENSATION , MAXIMUM LIKELIHOOD ESTIMATION , ENLISTED PERSONNEL , SALARIES , UNEMPLOYMENT , MACROECONOMICS , PERSONNEL RETENTION , ENTROPY , POLICIES
Subject Categories : PERSONNEL MANAGEMENT AND LABOR RELATIONS
Distribution Statement : APPROVED FOR PUBLIC RELEASE