Re:When 80 percent of US generals go to work for arms makers
by gruez on Sunday October 08, 2023 @10:15AM
(#37810629)
What does O-9/O-10 correspond to in terms of rank, and what does that correspond to in the private sector? If that's equivalent to VP/c-suite at a large company, then $260k is pretty low.
Re:When 80 percent of US generals go to work for arms makers
by psunavy03 on Sunday October 08, 2023 @01:06PM
(#37812313)
O-9s are Vice Admirals/Lieutenant Generals. Three-star officers. O-10s are full Admirals and Generals. Chairmen of the Joint Chiefs, service heads, combatant commanders.
O-10s are almost all direct reports of the Secretary of Defense and skip-level reports of the President. Many O-9s are direct reports of an O-10 and skip-level reports of the Secretary of Defense.
Re:When 80 percent of US generals go to work for arms makers
by ajcp on Sunday October 08, 2023 @02:57PM
(#37813361)
3 and 4 star generals/admirals. These would be C-suite executives and LoB level VPs in the private sector. Yes, compared to their private sector counter-parts $260,000 is low, and they also can only get compensated in pay; there is no equity , stock, or bonus options.
Even then an O-9/O-10 gets $17,675.10 a month[0] in base pay and $3,963 a month[1] in *tax exempt*[2] housing allowance for the DC metro area. That's $259,657.20 a year in salary. While maybe not high by C-suite or Silicone Valley standards, that ain't bad at all.
0. https://militarypay.defense.gov/Portals/3/Documents/2023%20B... 1. https://veteran.com/bah-rates-state/district-of-columbia-dc/ 2. https://militarypay.defense.gov/Pay/Tax-Information/Exempt/