Distrust in FDIC leadership drives more staff to consider exits, data shows [Yahoo! Finance]
Signature Bank (SBNY)
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Source: Yahoo! Finance
government averages, with a growing number of workers considering leaving the agency, the latest FDIC staff survey data obtained by Reuters shows. In 2023, 38% of FDIC staff were considering leaving within the next 12 months, more than double that of 2020, compared with only 33% government-wide, the data shows. Only 39% of staff said FDIC leadership inspires strong "motivation and commitment," down from 61% in 2020 and 11 percentage points below the government average, the data obtained via the Freedom of Information Act showed. 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. A damning independent review into FDIC misconduct published on Tuesday cited elements of the 2023 staff survey data. The agency has not released the full survey results. The data provides more insight into the extent of low morale and staff disgruntlement at the ag
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