| Document Type
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BL
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| Record Number
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977822
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| Doc. No
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b732192
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| Main Entry
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Savych, Bogdan.
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| Title & Author
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Toward incentives for military transformation : : a review of economic models of compensation /\ Bogdan Savych.
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| Publication Statement
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Santa Monica, CA :: RAND,, 2005.
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| Series Statement
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Technical report
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| Page. NO
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xiii, 83 pages ;; 28 cm
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| ISBN
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0833037862
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: 9780833037862
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| Notes
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"TR-194-OSD."--Page 4 of cover.
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| Bibliographies/Indexes
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Includes bibliographical references (pages 71-83).
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| Contents
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Introduction -- Promotion tournaments -- Career incentive schemes: deferred compensation and retirement pay -- Explicit pay-for-performance incentive mechanisms -- Rewarding teamwork and cooperation in the hierarchical organization -- Incorporating the effects of nonmonetary factors -- Concluding remarks.
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| Abstract
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The military must ensure that its compensation system provides flexibility in managing personnel, induces innovatory activities and well-calculated risk-taking, and provides incentives for performance, retention, and skill acquisition. This report analyzes four models of compensation-promotion tournaments, deferred compensation, pay-for-performance mechanisms, and nonmonetary rewards-in the context of military transformation efforts.
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| Subject
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Armed Forces-- Reorganization.
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Armed Forces-- Salaries, etc.
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BUSINESS ECONOMICS-- Human Resources Personnel Management.
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POLITICAL SCIENCE-- Political Freedom Security-- General.
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United States, Armed Forces, Pay, allowances, etc.
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| Subject
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United States, Armed Forces, Reorganization.
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| Subject
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United States.
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| Dewey Classification
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355/.00973/0905
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| LC Classification
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UC74.S28 2005
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