My department and I believe the city as a whole has no thought of incentivizing retention and stemming the loss of institutional knowledge. If everyone stayed until they had accomplished 30 years of service, the department would have retained/gained 50 years of experience and expertise. A recent positive development is that we have, finally, been allowing lateral hiring of officers from other departments, and they have been universally successful. In this period, we have only had two entry officers replace these departing officers; the rest of the open positions were filled by laterals. This has stemmed the receding knowledge tide to some degree.
What I wonder and have suggested is whether having a retention police would benefit the department and the city. A simple calculation of the cost of training and equipping new employees and creating an incentive that is less than that amount would probably have retained all 8 of our "leave early" officers. It needs to be noted that all of these officers left for second pensions, so they definitely can be motivated by money and benefits. I took a quick poll of our day shifters, who all have timelines to leave before 30, and asked what it would take to stay another five years. The final answer was 30 grand. Since it costs more than $130,000 to get even a lateral up and running, I think that would be a great deal for the department and the city. Hopefully, one that they will take advantage of one day, and maybe before I also retire.
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