May 9 - Staff trust in the Federal Deposit Insurance Corporation's leadership has fallen sharply to well below government averages, with a growing number of workers considering leaving the agency, the latest FDIC staff survey data obtained by Reuters shows.
The survey was conducted for the FDIC from Aug. 7 to Sept. 29, 2023 by the Office of Personnel Management, a U.S. agency which oversees civil servants and annually conducts worker surveys.into FDIC misconduct published on Tuesday cited elements of the 2023 staff survey data. The agency has not released the full survey results.
"Higher attrition rates in 2021 and 2022 were directly related to the pandemic-related issues and a robust labor market and have since fallen to more historical levels," the FDIC statement said. Hiring of entry-level examiners last year was double that of 2021, it added. Workers are often called to the office arbitrarily and with no clear business purpose, said Doreen Greenwald, national president of the National Treasury Employees Union.
"It was the way they went about it, the fact that employees didn't feel they were consulted or had input into the process," Hwa said.