Negatives of Pay Raise Cap

In: Other Topics

Submitted By acursi15
Words 1085
Pages 5
Negatives of a Pay Raise Cap
Andrew Cursi
215
July 14, 2014
Daria Woodside

Negatives of a Pay Raise Cap
While the potential money saved by putting a cap on military pay raises might seem appealing, it would have a negative impact on the Armed Forces and their members. Putting a limit on military pay raises could and more than likely will affect how well the military recruits and retains members. Not only that, but it will have a direct impact on military members now and in their future.
When a potential soldier, airman, sailor, or marine steps into a recruiter’s office, it is essentially like stepping onto a car dealer’s lot. They immediately start trying to sell the military to the potential recruit, informing them of all the pay and benefits that come along with being in the Armed Forces. One of those benefits is a steady pay raise each year to account for the increase in the cost-of-living. According to the Social Security Administration, the cost of living for the past three years has increased by 1.5%, 1.7%, and 3.6% for the years 2013, 2012, and 2011 respectively (Cost-of-Living Adjustments, n.d.). In the past, Congress has taken that increase in the cost-of-living into account and increased military pay accordingly. The military pay increases for the past three years were 1.7%, 1.6%, 1.4% for the years 2013, 2012, and 2011 respectively according to Navy CyberSpace (U.S Military Basic Pay History, 2014). So, with the exception of 2011 where the pay increase was over 2% less than the cost-of-living increase, the pay increases and cost-of-living increases have been fairly similar.
For any possible recruit thinking about the long term, knowing that they will get a pay raise each year to help offset the increase in living costs is appealing. According to Military.com, more than 180,000 people enlist in the Armed Forces each year (10 Steps to Joining…...

Similar Documents

Negative

...way to promote adaptation to and mitigation of climate change is to ‘mainstream’ these objectives into strategies for poverty reduction and/or sustainable development. It also attaches great importance to ensuring that these strategies are owned and driven by developing countries themselves. The 2005 European Consensus on Development2 commits Europe to supporting its partners’ efforts to incorporate environmental considerations into development and to helping strengthen their capacity to implement multilateral environmental agreements such as the UNFCCC and the Kyoto Protocol. This brochure in the EU action on climate change series provides an overview of the many ways in which the EU is assisting developing countries in adapting to the negative effects of climate change and mitigating its causes, with a special focus on cooperation with developing countries in Asia. 1) See the brochure in this series EU action against climate change: Leading global action to 2020 and beyond 2) The European Consensus on Development is a joint statement on EU development policy by the Council of the European Union, EU governments, the European Parliament and the European Commission. It was signed on 20 December 2005.   Millennium Development Goals The Millennium Development Goals are laid down in the Millennium Declaration adopted by 189 nations at the United Nations Millennium Summit in September 2000. The goals are to be met by 2015 except where stated......

Words: 7737 - Pages: 31

Negative

...Negative Effects of Organized Religion Week one University of Phoenix COM/215 August, 2011 Hope Umansky Organized Religion Organized religion has been a part of society for centuries, and its ideas and concepts have been instilled in the minds of human beings. It has altered the way people think and should be considered a dangerous entity if treated with pure emotions. Organized religion is negatively influential to society because it persuades vulnerable people, creates false belief systems based on faith and not fact, and promotes unnecessary violent world conflicts. When someone loses a loved one, comes down with a terminal illness, or becomes overwhelmed with financial burdens their minds can be vulnerable to persuasion due to their attitudes being negatively altered and their environment changing around them. Bohner and Schwarz states, “learning occurs when responses increase in frequency because they have positive consequences (a process called reinforcement), or decrease in frequency because they have negative consequences (a process called punishment)” (2002, Chapter 19, p3). Someone who is negatively affected from their environment and positively affected from repetitive church visits will alter their mindset to be persuaded by religion with the hopes of being positively reinforced. Once this person alters their mindsets and is experiencing a positive affect multiple times without negative repercussions, the church or The Bible will have the power to alter......

Words: 898 - Pages: 4

Negative Economic Impact of the Ppaca

...Negative Economic Impact of the Patient Protection and Accountable Care Act The Patient Protection and Affordable Care Act (PPACA) also referred to as ObamaCare, federal healthcare law, Affordable Care Act, or ACA, is a United States federal Statute signed into law on March 23, 2010, by President Barack Obama. In combination with the Healthcare and Education Reconciliation Act, it represents the most significant regulatory overhaul of the U.S. healthcare system since the passage of Medicare and Medicaid in 1965 (Patient Protection and Affordable Care Act). The PPACA is intended to increase the number of health insured Americans and reduce the overall costs of healthcare. The PPACA will revamp the current health insurance system by extending health insurance coverage to nearly 32 million currently uninsured Americans; 18 million through Medicaid expansion to individuals with incomes under the 133 percent federal poverty line (FPL), and 18 million through government exchange subsidies to individuals with incomes up to 400 percent of the FPL. Citizens and legal residents in families with income between 100 and 400 percent of poverty who purchase coverage through a health insurance exchange are eligible for a tax credit to reduce the cost of coverage. To subsidize the additional 32 million individuals covered, the new law introduces 18 new taxes and penalties on individuals, employers, and businesses (Campbell). Though the PPACAs intent is to lower healthcare costs, it......

Words: 3283 - Pages: 14

Assignment Raise or Lower Tuition

...To raise more revenue, Nobody State University increases its tuition so, this would not increase the revenue but it would decrease the revenue. If one increase then the other would definitely decrease. No it would definitely not result into more revenue to have more revenue Nobody State University would have to decline some enrollments in order to increase the revenue. Most likely Nobody States University will not decline enrollment so the cost of tuition would definitely be increased. Under what conditions will revenue (a) rise, (b) fall, or (c) remain the same? Revenue would not fall or remain the same it would increase more likely due to the economic industry. Tuition have risen in the past and it has not stated the same or lowered while economic crisis continues to rise tuition cost would also increase. Explain this process, focusing on the relationship between the increased revenue from students enrolling at NSU despite the higher tuition and the lost revenue from possible lower enrollment. The tuition fees raises but, it is due to the economic of health care, other industry with a huge cost problem. Both college education and health care have raised sharply in most developed countries not only the United States. The government is the real reason why tuition is raised and it is to replace state revenues or other private revenue sources because state subsides are going down. The student has been rising steady for decades because once subsides get......

Words: 775 - Pages: 4

Did the Removal of the Milk Quota System Along with the Increased Payment of Cap Reform Have a Negative Impact on Farm-Level Supply and Income

...embraced because it offered a way to control milk production, stabilize milk price and farm income (Seville 2009; Petit 1987). As the markets become more free-flowing and globalized, disputes about the system arose. Since the implementation of the system, the negative aspects of it have reared its ugly heads. It not only put a cap on milk production,but also lost the competitive edge in the world market due to the stabilization of milk prices (Seville 2009). Therefore, the reforms made on June 26th 2003 in Luxembourg have proposed major changes to the European Common Agricultural Policy (CAP). Direct subsidies were to be independent from production and strict compliance with EU standards on environment and health was enforced. In reality, milk producers take market demand into consideration rather than the influence from subsidies to determine their production quota. (Bouamra-Mechemache and Requillart 2004). However, EU dairy market is still regulated by the mandatory quota system because the agreement of the regime lasts until the end of 2015. In addition to that, there has been a milk quota increase of 1.5% in three years since 2006 (Zervoudaki 2011). Furthermore, within the Health Check of the Common Agricultural Policy (CAP), the European Commission accepted the proposal to make amendments to the system and suggested an increase of quota by 1% annually from 2009 to 2013 to allow a "soft landing" of the milk sector. (Seville 2009). Dairy policy reform is a controversial......

Words: 2363 - Pages: 10

Caps

...also known as CAPS. According to Walker and Katz (2008) this strategy was distinctively created to address the city and its reform to a new system of how police and citizens interact to lower crime rates and to come up with solutions for those in the community (Community Policing and Problem-Oriented Policing, para. 2). The second part of this research paper is to investigate an article that Illinois Criminal Justice Information Authority to determine public opinion of this form of policing and positive trends related toward CAPS. McCanna (1999) discusses how the community and the police work together in the community for a joint effort to reduce crime and the overall result of her study and finding in Chicago (McCanna, 1999, p. 1). McCanna also discusses how since its implementation citizens have become more aware of CAPS and analyzes their satisfaction overall with CAPS. Chicago Alternative Policing Strategy In April of 1993 the Chicago Alternative Policing strategy was implemented by Police Superintendent Matt L. Rodriguez (“What is CAPS,” n.d.). Out of the 25 police districts there were five districts that were prototypes before the rest began to participate in 1994(“What is CAPS,” n.d.). These five districts were diverse in their socio and economic backgrounds and the problems each of the communities had. Participation within those communities was placed first to evaluate the effectiveness of the new strategy. McCanna explains in passing what CAPS did......

Words: 871 - Pages: 4

In What Way Should the Uk Cap Codes (Cap/Bcap Codes) Be Reformed?

...In what way should the UK CAP Codes (CAP/BCAP Codes) be reformed? “The alcohol industry spends more than £800 million annually in the UK on promotion” (Cabinet Office, 2003). This is one example why the Committee of Advertising Practice (CAP) codes and the Broadcast Committee of Advertising Practice (BCAP) codes are important in order to protect the vulnerable from this vast industry and maintain the public’s confidence in advertising. Consistent changes to our media and methods of communications has led to a dramatic impact on marketing methods and their extent thus requiring the codes to be consistently updated. It is possible to argue that the UK CAP codes have failed to keep up with these changes and need to be reformed especially when looking at alcohol advertising. The power, speed and volume of marketing communications has significantly increased in recent years and advertising now poses many challenging questions to its own regulations (alcoholconcern, 2011). The CAP codes are a code of practice which govern non-broadcast and broadcast adverts, marketing communications and sales promotions. The aim of the UK CAP codes is to lay down the rules for all advertisers, agencies and media industries (CAP, 2013). The codes simply do not focus just on goods and services, but they also enforce regulations on marketing communications which promote causes and ideas, however the codes do not cover political advertising. The advertising industry has taken the view that a......

Words: 3359 - Pages: 14

How to Raise Money

...Most startups that raise money do it more than once. A typical trajectory might be (1) to get started with a few tens of thousands from something like Y Combinator or individual angels, then (2) raise a few hundred thousand to a few million to build the company, and then (3) once the company is clearly succeeding, raise one or more later rounds to accelerate growth. Reality can be messier. Some companies raise money twice in phase 2. Others skip phase 1 and go straight to phase 2. And at Y Combinator we get an increasing number of companies that have already raised amounts in the hundreds of thousands. But the three phase path is at least the one about which individual startups' paths oscillate. This essay focuses on phase 2 fundraising. That's the type the startups we fund are doing on Demo Day, and this essay is the advice we give them. Forces Fundraising is hard in both senses: hard like lifting a heavy weight, and hard like solving a puzzle. It's hard like lifting a weight because it's intrinsically hard to convince people to part with large sums of money. That problem is irreducible; it should be hard. But much of the other kind of difficulty can be eliminated. Fundraising only seems a puzzle because it's an alien world to most founders, and I hope to fix that by supplying a map through it. To founders, the behavior of investors is often opaque—partly because their motivations are obscure, but partly because they deliberately mislead you. And the......

Words: 10693 - Pages: 43

How to Raise Money Essay

...How to Raise Money Want to start a startup? Get funded by Y Combinator. September 2013 Most startups that raise money do it more than once. A typical trajectory might be (1) to get started with a few tens of thousands from something like Y Combinator or individual angels, then (2) raise a few hundred thousand to a few million to build the company, and then (3) once the company is clearly succeeding, raise one or more later rounds to accelerate growth. Reality can be messier. Some companies raise money twice in phase 2. Others skip phase 1 and go straight to phase 2. And at Y Combinator we get an increasing number of companies that have already raised amounts in the hundreds of thousands. But the three phase path is at least the one about which individual startups' paths oscillate. This essay focuses on phase 2 fundraising. That's the type the startups we fund are doing on Demo Day, and this essay is the advice we give them. Forces Fundraising is hard in both senses: hard like lifting a heavy weight, and hard like solving a puzzle. It's hard like lifting a weight because it's intrinsically hard to convince people to part with large sums of money. That problem is irreducible; it should be hard. But much of the other kind of difficulty can be eliminated. Fundraising only seems a puzzle because it's an alien world to most founders, and I hope to fix that by supplying a map through it. To founders, the behavior of investors is often opaque—partly......

Words: 10709 - Pages: 43

Black Cap

...and by offering support to people living with and/or affected by HIV/AIDS (Toronto Community Foundation, 2011). This organisation has two missions, first is to reduce the spread of HIV infection within Toronto’s Black communities and second is to enhance the quality of life of people living with or affected by HIV/AIDS (Black Cap, 2014). “Because all black people’s lives are important” is their motto that guides them and stands as their reminder of the importance of their commitment to the community (Black Cap, 2014). This organisation was founded in 1989 and has worked to meet their missions in the black community in Toronto, Canada, which they give support and awareness to those who are affected with the disease. The purpose of this essay is to analyse the challenges that are present in the organisation especially on recruitment and on how they dealt with the strategic issues through HR planning. This essay will also give a set of recommendations on how to overcome the challenges and help improve the recruitment process with examples of practices that can be used in the organisation. Strategic HR Planning In the case of the organisation Black CAP, strategic HR planning is missing. They are unsure of the number of people that they need with the appropriate knowledge, skills and abilities because it is a volunteer-driven organisation. This impacts to a problem of the organizational structure and employee allocation. It can affect the organisation to meet their goals......

Words: 2566 - Pages: 11

Cap Rate

...transparent, the company developed an objective restructuring “methodology” that could be applied in a standardized format to each secured lender, regardless of the loan size or type of lender. The methodology created a matrix of extension options that, based on objective criteria, would determine how a particular loan was to be restructured or extended. Beginning on December 15, 2009 and continuing through May 20, 2010, the bankruptcy court confirmed GGP’s fully consensual plans of reorganization for its project-level borrowing entities and successfully restructured approximately $15 billion of debt. While the secured creditors were acceding to the restructuring plan, the company was also negotiating with potential new equity investors to raise the funds to pay off the outstanding unsecured bonds and the preferred stock. On February 8, 2010, Simon -4- Property Group, GGP’s largest competitor, made an offer to buy the entire company at $9 per share ($6 in cash and $3 in a new spin-off company). An alternative plan emerged shortly thereafter when a consortium of investors led by Brookfield Asset Management proposed an alternative recapitalization plan. Under this plan, GGP would remain an independent company valued at $15 per share ($10 cash and $5 worth of stock from the same spin-off company as the Simon plan). After multiple rounds of proposals, with each side upping its offer, GGP selected the Brookfield-led recapitalization plan in May 2010. This plan had the......

Words: 37589 - Pages: 151

Pay to Play

...Pay to Play: Economic Impact of Paying College Athletes 1. Purpose of Research & Analysis On April 25, 2014, the National Labor Relations Board in Washington, D.C., granted Northwestern University's request to review the decision made by the regional office recognizing the school's football players as employees. In mid-April, Northwestern football players voted as a team on whether or not to unionize, but the votes will only be opened if the board ends up siding with the players, which may take at least a couple of months. Ultimately, the Northwestern football players are determining their fate through this secret ballot and their decision to form the first union amongst college athletes—a decision that has the ability to change the landscape of American college sports. If granted the right to unionize, the Northwestern football team will actually have the ability to bargain over their conditions and it is expected that this could ultimately lead to requesting salary compensation for their efforts. In light of these recent historic discussions, it is critical to analyze not only the ethical, but also the economic impact of such potential situations. My research paper has been structured to shed some light into the challenging and complicated discussions that continue to occur around this topic. Specifically, I have broken my research and analysis into three key topics. First, I explore whether or not there is an underlying issue with the current state, from an economic......

Words: 5163 - Pages: 21

Raise

... I had a discussion with my boss about the possibility of getting a raise. I have been working for the company for three years. I work in a medical office. My job entails following instructions carefully, solving problems in a creative manner and managing patient flow calmly. I am crossed trained in the jobs here and have mastered most of them. I am expected to deal with the public, to solve insurance problems and to keep the front desk functioning smoothly. This requires me to remain calm and constantly balance the work flow with patient care.     Dealing with insurance companies can be extremely frustrating. I must, therefore, always be educated about changing laws and regulations, understand current rules and standards and familiarize myself with the details of specific patient's medical situation.  The front desk requires prioritizing, organizing and coordinating. I strive to maintain a positive attitude and to manage my time wisely so that I can combine these aspects of my job efficiently on a daily basis.  I have always respected the authority of my bosses and have listened attentively to everything they have said and asked of me.  The medical environment I work in puts me in a situation that makes me responsible for scheduling tests, for getting test results, for taking messages about prescriptions and hospitalizations. People’s lives are sometimes at stake and I, therefore, take all of these things very seriously. I talk to people when they are worried and upset...

Words: 634 - Pages: 3

Setting Pay and Granting Pay Raises

...Army’s Method for Setting Pay and Granting Pay Raises Christine Rollins Webster University Abstract This paper explorers the methods that the Army uses for setting pay and granting pay raises. The basic pay that is received is based off of two things, the amount of time one has been in the service and the rank at which one hold. Outside of the basic pay there are also allowances and special pay that are included in the total compensation package. In regards to pay raises, there is an annual increase percentage which is determined by the Bureau of Labor Statistics Employment Cost Index and growth in private sector wages. Also, possible impact from the economy, along with possible recommendations for improvements for pay will be discussed. The Army’s Method for Setting Pay and Granting Pay Raises Army Pay There are several factors that are involved when exploring Army pay, such as whether Soldiers are active duty, reservist, national guard, or a retiree. For the purpose of consistency, this paper will focus on active duty pay, although most of the methods are used for all categories, except for minor difference. The Army is considered having two categories for pay: military pay and military allowance. First we will discuss pay. Pay provides Soldiers with the fiscal foundation of their military career. Pay is a monthly income that Soldiers receive based on the Soldier’s rank or pay grade and time in the military. There are 24 pay grades, which are broken......

Words: 1822 - Pages: 8

Raising the Minimums Raises the Maximums

...Raising the minimums raises the maximums Most of our nation’s low-income jobs and positions are not paying like they used to. Is federal minimum wage at an all-time low? Are we not in the greatest country, where American’s who work harder live more wealthily and have more success? The first federal minimum wage legislation was created in 1938, where law stated that workers earned 25 cents an hour. Since then the federal minimum has been revised and increased twenty-two times. The federal minimum wage was ignored from the year 1981 to 1990, and again until in 2007 where wages were raised to $7.25 per hour. Eight years later, the minimum standard remains the same which is an issue for most American’s considered to be middle class today. Actually, today’s minimum wage is lower than any rate during the years between 1956 and 1985. Nearly a quarter of America’s working adults are laboring for wages that do not support families at the minimally acceptable level (Curry). A person working full-time at the federal minimum wage earns $290 in a week, around $15,080 for the year (Gillibrand). With an annual salary of $3000 less than the nation’s poverty level line, an average family of three will struggle to make ends meet. These low-income families will need government assistance, for basic living needs. At this rate of pay, even an average family who has two working/supporting parents will still have financial burdens. They will be considered a poor family, with house-hold income......

Words: 2818 - Pages: 12

Exactly How Recently Was Porsha Williams' New Man Dating Other Women? | Terminada Battlestar Galctica (2003) 2004 - 2009 | Flash Drives