Navy hopes hefty bonuses will keep leadership posts filled
Senior submarine officers can receive as much as $180,000 in signing bonuses under a new Navy plan to retain sailors with desired leadership skills.
Officers who have been commissioned at least 26 years and have overseen major submarine commands, such as a squadron or task force, are eligible for sizable extension bonuses, the Navy said in a memo earlier this month.
An eligible officer would receive $45,000 a year for a two- to four-year contract and $35,000 for a one-year contract.
The bonuses, which will be available to an estimated 50 officers a year, are part of the Navy’s larger effort to keep senior leaders at the helm.
Read more at: https://www.stripes.com/1.547146