Thursday, April 26, 2012

Military Salary | How much do soldiers get paid?

It's a question that many ask, but few actually know. XT46 is here to help you understand just how the military pay system works.

Currently, the military compensation system has over 70 separate types of pay and allowances, according to Military.com. -- that's a lot to keep track of, especially if you're knee deep in military training. In general, annual military pay raises are linked to the increase in civilian wages. However current laws governing annual pay raises no longer guarantee that military pay will be at automatically set above civilian average pay increases.

There are two broad categories at play here: "Pay" and "Allowance". Typically, pay is money which is based upon remuneration for employment, while allowance is money necessary for the efficient performance of duty. Generally speaking, pay is income, while allowances are reimbursements.

Given how many ranks there are in the military, it's difficult to judge just how much money a soldier makes - could be $1,600 a month for younger recruits, could be substantially more as experience racks up. But here is a military pay calculator to help you learn more.

Do you think soldiers are underpaid?


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