Tuesday, May 18, 2010

Navy Announces New SRB levels

From Chief of Naval Personnel Public Affairs

May 18, 2010 - WASHINGTON (NNS) -- Navy has adjusted Selective Reenlistment Program (SRB) levels to match reenlistment needs for critical skills and ratings, including the hardest to fill areas such as nuclear operators, Aegis fire controlmen, and air intercept controllers.

NAVADMIN 175/10 approves 24 increases in SRB award levels and 10 decreases. Award levels in 124 categories remain unchanged, one was added and 12 award levels were removed.

"The Selective Reenlistment Bonus program allows Navy to properly incentivize high-demand Sailors with critical skills in order to maintain a prepared force, which is ready and able to execute global operations in today's complex security environment," said Rear Adm. Dan Holloway, director of Navy's Personnel, Plans and Policy division. "Having a flexible and responsive SRB program helps minimize over or under execution of critical skill retention goals and allows Navy to maximize use of our allotted resources."

SRB is a dynamic market-based incentive designed to retain Sailors in the Navy's most critical ratings and NECs. The science of behavioral economics informs our decisions when we adjust SRB.

"People are our most valuable resource and we are a world class Navy because of their skills and professional dedication," said Holloway. "The intent of the SRB is to reward those who attain training in skills most critical to Navy's current needs and mission requirements. We know our Sailors have a strong direct effect on all readiness resource areas; we must never forget this."

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