Navy announces 2010 re-enlistment bonuses
The Navy has announced its Selective Reenlistment Bonus award levels for fiscal year 2010.
More than 18,000 sailors in 179 "critical skills" will be eligible to receive bonuses of up to $90,000 in the upcoming fiscal year, according to the Chief of Naval Personnel release.
The Navy suspended the SRB program in June, citing higher retention and funding limits.
Bonuses are determined by enlisted community managers and factor in the previous year’s reenlistment successes, prevailing market conditions, private sector competition and the cost of training and replacing sailors, the release said.