Army renews incentive program to improve retention or captainsBy Lisa Burgess, Stars and Stripes
Mideast edition, Friday, April 18, 2008
ARLINGTON, Va. — Hoping to stanch the flow of young officers leaving active-duty ranks, the Army has renewed its offer of bonuses up to $35,000 to retain its captains.
The 2008-09 incentive program became effective April 7. Captains have until Nov. 30 to apply, according to a new message issued by the Army’s Human Resources Command.
The bonuses remain the same as last year, though the drain on young officers continues.
The cap on the dollars is purely pragmatic, according to Dan Goure, an Army expert and vice president of the Lexington Institute, a defense think tank in Virginia: “There’s a limit on what the Army can spend.”
With the current wars and their related costs, there just isn’t enough money for higher bonuses, Goure told Stripes in a Thursday telephone interview.
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http://www.stripes.com/article.asp?section=104&article=54135uhc comment: There's an interesting sidebar in this article titled "Multiple combat tours an issue for many captains".