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<p>This thesis seeks to determine the impact of an auction based retention bonus on continuation rates for general  dentists completing their initial obligation. An auction based retention bonus has the potential to improve  retention rates. In lieu of actual bids from Navy general dentists, the difference between average civilian dentist  salaries and Navy general dentist pay is used to represent theoretical opportunity costs. Inputting opportunity  costs into a break-even formula allows approximation of the retention bonus amount needed for a one-year and/or  five-year employment agreement with the Navy.  A logistic regression retention model is also estimated using data for 516 Navy general dentists commissioned  between 1998 and 2001. Model results indicate that accession source significantly affects the decision to continue  military service. Officers commissioned as direct accessions and participants in the Dental Student Program are  more likely to stay in the navy than participants in the Health Sciences Collegiate Program. Dentists  commissioned in 2000-2001 are less likely to stay than those commissioned in 1998-1999. Those commissioned  between the ages of 30 and 39 are more likely to continue service beyond their initial obligation than younger  dentists. Race and gender do not significantly affect retention.
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<br>Subjects: Manpower planning</div>
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Anderson, Robert L.</div>
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