Between the Dockyard and the Deep Blue Sea: Retention and Personnel Economics in the Royal Navy

46 Pages Posted: 20 Jan 2021

See all articles by Darrell Glaser

Darrell Glaser

affiliation not provided to SSRN

Ahmed Rahman

Lehigh University - Department of Economics

Abstract

This paper tackles some issues in personnel economics using the career profiles of British naval officers during the late 19th and early 20th centuries. We ask how promotions, payouts, positions, and peers affect worker retention. Random variation in task assignments and job promotions allows us to explore factors that affect retention of personnel. We develop a number of key insights. Firm-specific human capital accumulation bolsters retention, while technological changes can undo some of this effect. Other challenges to worker retention include lack of promotion opportunities, and "exit contagion" from exits of former peers. Modernizing organizations may need to enhance promotion opportunities and reorganize certain tasks, or else face loss of skilled personnel.

JEL Classification: J6, J45, J62, N31

Suggested Citation

Glaser, Darrell and Rahman, Ahmed, Between the Dockyard and the Deep Blue Sea: Retention and Personnel Economics in the Royal Navy. Available at SSRN: https://ssrn.com/abstract=3767274 or http://dx.doi.org/10.2139/ssrn.3767274

Darrell Glaser (Contact Author)

affiliation not provided to SSRN

No Address Available

Ahmed Rahman

Lehigh University - Department of Economics ( email )

620 Taylor Street
Bethlehem, PA 18015
United States

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