The Resource How do federal civilian pay freezes and retirement plan changes affect employee retention in the Department of Defense?, Beth Asch, Michael Mattock, James Hosek

How do federal civilian pay freezes and retirement plan changes affect employee retention in the Department of Defense?, Beth Asch, Michael Mattock, James Hosek

Label
How do federal civilian pay freezes and retirement plan changes affect employee retention in the Department of Defense?
Title
How do federal civilian pay freezes and retirement plan changes affect employee retention in the Department of Defense?
Statement of responsibility
Beth Asch, Michael Mattock, James Hosek
Creator
Contributor
Subject
Language
eng
Summary
Little is known about the effect of compensation changes on the federal civilian workforce in the Department of Defense (DoD)—even as civilian employees experienced three straight years of pay freezes between 2011 and 2013 and a mandated increase in the retirement contribution rate for employees hired after 2012. For civil service managers, a key concern is whether the reduction in pay and benefits is making it more difficult for the federal government to recruit and sustain an adequate workforce, especially in critical skill areas. Understanding civil service retention is particularly important for DoD, given the significant contribution made by the federal civil service workforce to military readiness. RAND has begun to extend the dynamic retention model to federal civil service employment. This study demonstrates the use of this capability to assess the effect of pay freezes, unpaid furloughs, and changes to civil service retirement on retention in a portion of the federal civil service workforce—specifically General Service workers with at least a bachelor’s degree. Our analysis showed that permanent pay freezes decrease the workforce retained by 7.3 percent. There is no discernable change in retention from a six-day unpaid furlough. The effect on retention of increasing employee contributions to the federal retirement defined-benefit plan, as recently mandated in law, depends on employees’ savings behavior—for example, whether employees were already saving enough to cover the higher contribution or whether they might shift contributions from one part of the retirement plan to another, losing matched contributions by the employer by doing so. RAND analyzed a number of cases and found that higher employee contributions could result in as much as an 8.6 percent drop in the number of employees retained over the long run. In the future, this capability could be used to assess a wide range of compensation policies—in other occupational areas; for demonstration pay systems such as for the STEM workforce; specific demographic groups, such as women and minorities; and specific locations of interest
http://library.link/vocab/creatorName
Asch, Beth J
Illustrations
illustrations
Index
no index present
LC call number
UB193
LC item number
.A835 2014
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorDate
1961-
http://library.link/vocab/relatedWorkOrContributorName
  • Mattock, Michael G.
  • Hosek, James R
  • Rand Corporation
  • National Defense Research Institute (U.S.)
  • Rand Corporation
  • United States
http://library.link/vocab/subjectName
  • United States
  • Civil service
  • Employee retention
  • United States
  • United States
Label
How do federal civilian pay freezes and retirement plan changes affect employee retention in the Department of Defense?, Beth Asch, Michael Mattock, James Hosek
Link
http://www.rand.org/pubs/research_reports/RR678.html
Instantiates
Publication
Note
  • Caption title
  • "This research was conducted within the Forces and Resources Policy Center of the RAND National Defense Research Institute"--Back cover
Bibliography note
Includes bibliographical references (p. 7)
Carrier category
  • volume
  • online resource
Carrier category code
  • nc
  • cr
Carrier MARC source
  • rdacarrier
  • rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Dimensions
unknown
Extent
1 online resource
Form of item
online
Isbn
9780833087553
Media category
  • unmediated
  • computer
Media MARC source
  • rdamedia
  • rdamedia
Media type code
  • n
  • c
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
(RAND)402915077
Label
How do federal civilian pay freezes and retirement plan changes affect employee retention in the Department of Defense?, Beth Asch, Michael Mattock, James Hosek
Link
http://www.rand.org/pubs/research_reports/RR678.html
Publication
Note
  • Caption title
  • "This research was conducted within the Forces and Resources Policy Center of the RAND National Defense Research Institute"--Back cover
Bibliography note
Includes bibliographical references (p. 7)
Carrier category
  • volume
  • online resource
Carrier category code
  • nc
  • cr
Carrier MARC source
  • rdacarrier
  • rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Dimensions
unknown
Extent
1 online resource
Form of item
online
Isbn
9780833087553
Media category
  • unmediated
  • computer
Media MARC source
  • rdamedia
  • rdamedia
Media type code
  • n
  • c
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
(RAND)402915077

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