Reserve Training Completion Bonus Extension

Eligibility for Reservists to claim their training completion bonus has been extended to 31 March 2021. To receive each of the scheme’s two £1,000 payments, new entrants must complete phase one training by this date and phase two training by 31 March 2023. All other Reserve financial incentives are now closed, including the Reserve commitment… Read More

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Commitment Bonuses vs Financial Retention Incentives

Commitment bonuses are being phased out (a result of the Strategic Defence and Security Review in 2015, when the Armed Forces were around full strength), ceasing by the end of March 2021. However, anyone who joined before 01 April 2016 will still qualify for them. Unlike financial retention incentives (FRI), commitment bonuses have no return… Read More