Australian Defence Force (ADF) members will now have the opportunity to receive two separate $40,000 bonuses at critical points in their careers as part of an enhanced retention strategy. The new Continuation Bonus initiative is set to replace the current pilot program, which offers a one-time $50,000 payment for an additional three years of service. This expanded program will be in effect until June 2028.
The first bonus will be available to permanent members who have completed their initial service obligation and four years of service. The second bonus is targeted towards individuals with at least seven years of service and are three years past their initial service obligation. Both bonuses require recipients to commit to an additional three years of continuous service to bolster the ADF’s workforce and ensure long-term personnel commitment.
In addition to the bonuses, the government has announced plans to increase the operational reserves by 1,000 personnel by 2030, as part of a $5.7 billion commitment over the forward estimates. The government aims to invest $50.3 billion over the next decade to build a capable and self-reliant force.
This initiative aligns with the 2024 Defence Workforce Plan, which outlines strategic goals for workforce growth, recruitment, retention, and wellbeing. Defence Minister Richard Marles emphasized the importance of maintaining a skilled defence workforce to protect Australia’s strategic interests.
The plan also addresses institutional and cultural change within the ADF, in response to the Royal Commission into Defence and Veteran Suicide. Minister for Veterans’ Affairs Matt Keogh highlighted the plan’s comprehensive approach to transformation, focusing on workforce safety, health, and culture.
Source link
