The US Navy has effective programs for their reserve enlisted reserve soldiers. One of them involves a specific bonus program for Servicemembers who decided to join and enter a specific job or rating. The Navy Reserve takes the bonus that is promised a person and gives it out to them when they finish their boot camp training, and active duty training (such as Class A school).
Most bonuses are paid in full at the first permanent duty station that is assigned in a person?s enlisted career. Joining the Navy gives a person a chance to earn bonuses, and to gain a monetary reward for their enlistment over and above what they receive in regular duty pay. The Navy Reserve pays for three different types of bonuses as a rule. The Prior Service Bonus, the Basic Bonus, and the Selective Conversion Recruiting bonus. Some types of bonuses are paid when certain points in a persons training or career are reached, but this is not the norm. The Navy pays out bonuses in a certain way, and its good to learn how they disburse bonus funds before joining the service. No matter what the bonus when a person reached their first duty station they qualify for the entire bonus that they signed up to receive. Otherwise certain bonuses pays a different amount and each has different specific specifications. Prior Service- When you have been a member of another service, or served in the US Navy before you may qualify for what is referred to as the Prior Service Bonus. It is normally based on a three or six year enlistment contract. If you choose six years plus an additional three years then you will possibly qualify for an additional $10,000 dollar bonus , a larger amount. Selective Conversion
Recruiting Bonus- This is a type of bonus available for re enlistment after your first term of military service. You could possibly be eligible for a $10,000 dollar bonus. The Basic Bonus-
This is a enlistment bonus for up to six years, available for up to $20,000 dollars if you enlist in the Navy Reserve. Sometimes the total available for enlistment may be up to $20,000 dollars in bonus funds if you choose to enlist for six years.