3 ms·
Yes, and it's imperative that we do. Even then an O-9/O-10 gets $17,675.10 a month[0] in base pay and $3,963 a month[1] in *tax exempt*[2] housing allowance fo
by ajcp 3y ago
Yes, and it's imperative that we do.
Even then an O-9/O-10 gets $17,675.10 a month[0] in base pay and $3,963 a month[1] in *tax exempt*[2] housing allowance for the DC metro area. That's $259,657.20 a year in salary. While maybe not high by C-suite or Silicone Valley standards, that ain't bad at all.
0. https://militarypay.defense.gov/Portals/3/Documents/2023%20Basic%20Pay%20Table.pdf https://militarypay.defense.gov/Portals/3/Documents/2023%20B...
1. https://veteran.com/bah-rates-state/district-of-columbia-dc/ https://veteran.com/bah-rates-state/district-of-columbia-dc/
2. https://militarypay.defense.gov/Pay/Tax-Information/Exempt/ https://militarypay.defense.gov/Pay/Tax-Information/Exempt/
- gruez 3y agoWhat does O-9/O-10 correspond to in terms of rank, and what does that correspond to in the private sector? If that's equivalent to VP/c-suite at a large company, then $260k is pretty low.
- psunavy03 3y agoO-9s are Vice Admirals/Lieutenant Generals. Three-star officers. O-10s are full Admirals and Generals. Chairmen of the Joint Chiefs, service heads, combatant commanders. O-10s are almost all direct reports of the Secretary of Defense and skip-level reports of the President. Many O-9s are direct reports of an O-10 and skip-level reports of the Secretary of Defense.
- ajcp 3y ago3 and 4 star generals/admirals. These would be C-suite executives and LoB level VPs in the private sector. Yes, compared to their private sector counter-parts $260,000 is low, and they also can only get compensated in pay; there is no equity , stock, or bonus options.