Military pay or military compensation is the pay system by which members of the military are compensated for their participation in the military .
As parts of government pay systems, military pay typically does not compete with private military compensation .
Because military service requires fit soldiers and commitments that might reach well beyond civilian employment , governments typically provided additional health care , military housing and retirement or veteran’s benefits .
Overall, Canada’s military personnel are paid the highest salaries. When comparing the top countries, Australia comes in second place, based on the fact that their Private and Corporal pay scale goes up to 10 Pay incentives.
Canada has the best paid soldiers in terms of base pay. The Canadian Armed Forces (CAF) offers competitive salaries. Your skills, knowledge, experience and training can impact your starting salary. As a new direct entry recruit, you could earn anywhere from $35,820 – $62,424 annually while you complete basic training.
Their benefits are also good. They cover insurance, provide housing and also provide allowances for other things like uniform, education, travel back home from overseas among more.