Monday, April 23, 2007

Army to offer $20,000 retention bonus to some captains

Although the rank of Captain is often associated with being in charge of a company, it is also often the 'entry level' rank of professionals, such as doctors.

The Army has been given the green light to offer retention bonuses of $20,000 to selected captains in return for a three-year service commitment.

The special incentive is believed to be the first of its kind ever offered commissioned officers...

Called a Critical Skills Retention Bonus, the incentive is similar to the bonuses available to senior NCOs and warrant officers in high-priority specialties and career fields. Those bonuses range from $40,000 to $150,000, depending on MOS and length of service extension.

Read the rest at Army Times

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