Military VS Civilian Compensation
Military Compensation versus Civilian Compensation
Military Compensation versus Civilian Compensation
The advantages of a career in the U.S. military greatly outweigh working in a civilian career when considering compensation such as education, salary, health care, and retirement. In today’s economy, everyone is looking to receive the most from his or her employer. A person wants a salary that can provide for his or her family, a healthcare plan with little out-of-pocket cost, retirement benefits to plan for the future, and an education that makes it all that possible. The military offers exemplary tuition assistance and salary when benefits such as the basic housing allowance are taken into consideration. In the same way, the military’s retirement plans and health care benefits are superior to that of civilian employers because of its low cost. The following will compare military compensation to civilian compensation, and why a career in the military provides a superior benefit package.
Although there are some benefits to civilian compensation packages, the military offers the best educational program. Few civilian employers offer tuition reimbursement for employees. Those that do offer tuition reimbursement; require that the employee pay the cost of tuition up front and complete the class before receiving reimbursement. The employee must also maintain a certain grade point average (GPA) to qualify for tuition reimbursement. Once an employee has completed his or her education, the employer often requires the person to remain employed for a certain amount of time after receiving tuition reimbursement. If the employee terminates employment before the agreed upon timeframe, the employee may have to repay tuition reimbursement funds, (Smith, 2008). Unlike civilian employers, the military offers a superior education program called the GI Bill. The GI Bill pays full tuition and fees to the school, a monthly housing
Military Compensation versus Civilian Compensation
The advantages of a career in the U.S. military greatly outweigh working in a civilian career when considering compensation such as education, salary, health care, and retirement. In today’s economy, everyone is looking to receive the most from his or her employer. A person wants a salary that can provide for his or her family, a healthcare plan with little out-of-pocket cost, retirement benefits to plan for the future, and an education that makes it all that possible. The military offers exemplary tuition assistance and salary when benefits such as the basic housing allowance are taken into consideration. In the same way, the military’s retirement plans and health care benefits are superior to that of civilian employers because of its low cost. The following will compare military compensation to civilian compensation, and why a career in the military provides a superior benefit package.
Although there are some benefits to civilian compensation packages, the military offers the best educational program. Few civilian employers offer tuition reimbursement for employees. Those that do offer tuition reimbursement; require that the employee pay the cost of tuition up front and complete the class before receiving reimbursement. The employee must also maintain a certain grade point average (GPA) to qualify for tuition reimbursement. Once an employee has completed his or her education, the employer often requires the person to remain employed for a certain amount of time after receiving tuition reimbursement. If the employee terminates employment before the agreed upon timeframe, the employee may have to repay tuition reimbursement funds, (Smith, 2008). Unlike civilian employers, the military offers a superior education program called the GI Bill. The GI Bill pays full tuition and fees to the school, a monthly housing
References: Dyer, P. (2008). Military V.s Civilian Pay. Retrieved from http://www.milspouse.com/military-vs-civilian-pay.aspx Entry Level Salary. (n.d.). Retrieved from http://www.bestsampleresume.com/salary/entry-level.html Jeffries, M. (n.d). Deductibles and Copays. Retrieved from http://health.howstuffworks.com/medicine/healthcare/insurance/deductible-copay.htm National Conference of State Legislatures. (2011). Health Insurance Premiums and Increases. Retrieved from http://www.ncsl.org/default.aspx?tabid=14514 Smith, L. (2008). Tuition Reimbursement An Employee Perk. Retrieved from http://www.investopedia.com/articles/pf/08/tuition-reimbursement.asp#axzz1ZqFShpY8 The CNA Corporation . (2008). Comparing Military and Civilian Compensation Packages. Retrieved from http://www.dtic.mil The Scoop on Army Enlistment Bonuses. (2010). Retrieved from http://www.military.com/recruiting/bonus-center/news/scoop-on-army-enlistment-bonuses U.S. Department of Veteran Affairs. (2011). The Post-9/11 GI Bill. Retrieved from http://www.gibill.va.gov/benefits/post_911_gibill/index.html