$35K Bonuses For Military Officers To Re-Up
Posted: Thu Oct 11, 2007 7:06 am
Army Offers Big Cash To Keep Key Officers
http://www.washingtonpost.com/wp-dyn/co ... ews&sub=AR
By Ann Scott Tyson
Washington Post Staff Writer
Thursday, October 11, 2007; Page A01
The Army is offering cash bonuses of up to $35,000 to retain young officers serving in key specialties -- including military intelligence, infantry and aviation -- in an unprecedented bid to forestall a critical shortage of officer ranks that have been hit hard by frequent deployments to Iraq and Afghanistan.
Army officials said that lengthy and repeated war-zone tours -- the top reason younger officers leave the service -- plus the need for thousands of new officers as the Army moves forward with expansion plans have contributed to a projected shortfall of about 3,000 captains and majors for every year through 2013.
In response, Defense Secretary Robert M. Gates approved the unusual incentives last month as a temporary measure for this fiscal year, and over the past three weeks, more than 6,000 Army captains have accepted cash awards ranging from $25,000 to $35,000 in exchange for committing to serve three more years.
http://www.washingtonpost.com/wp-dyn/co ... ews&sub=AR
By Ann Scott Tyson
Washington Post Staff Writer
Thursday, October 11, 2007; Page A01
The Army is offering cash bonuses of up to $35,000 to retain young officers serving in key specialties -- including military intelligence, infantry and aviation -- in an unprecedented bid to forestall a critical shortage of officer ranks that have been hit hard by frequent deployments to Iraq and Afghanistan.
Army officials said that lengthy and repeated war-zone tours -- the top reason younger officers leave the service -- plus the need for thousands of new officers as the Army moves forward with expansion plans have contributed to a projected shortfall of about 3,000 captains and majors for every year through 2013.
In response, Defense Secretary Robert M. Gates approved the unusual incentives last month as a temporary measure for this fiscal year, and over the past three weeks, more than 6,000 Army captains have accepted cash awards ranging from $25,000 to $35,000 in exchange for committing to serve three more years.