4 ms·
Is it still an uncompetitive wage when you: 1. Don't require housing etc money 2. Are ranked up to any degree higher than random POG ?
by ta17711771 6y ago
Is it still an uncompetitive wage when you:
1. Don't require housing etc money
2. Are ranked up to any degree higher than random POG
?
- lotsofpulp 6y agoI don’t see any of my well educated, well heeled peers recommending their children to join the military. Because their children have better options.
- dmoy 6y agoEven with BAH, a commission, a higher rank, and lots of time in service, on average you still typically make significantly less than private industry. However, it is predictable. If you aren't super career minded and are on track to be stuck at minimum wage for a long time, then the military provides a lot of structure and probably higher compensation. If you have the option to get into a tech/finance/etc high paying career, then there's no contest. Entry level engineer at big tech companies make about the same wage as an O6 living in a high cost of living area and like 20++ years in service. Once you get promoted once, you're making more than a general.
- ims 6y agoLower compensation than private sector is not specific to the military. It is true of most government positions. Typical offsetting factors that rational agents weigh include pensions, education subsidies and other benefits, job stability, and perceived upward mobility.
- dmoy 6y agoTrue - and for some areas of government it can be crazy. Someone working tech on GS really needs to want to work in government, because they're making 3-5x less. What is really crazy to me is financial regulators on GS schedule. And federal government pays well compared to a lot of local stuff.