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FDIC: Top Challenges, Move to Hybrid Work Environment.

FDIC: Top Challenges, Move to Hybrid Work Environment.

FDIC inspector generals added the FDIC’s long-term hybrid onsite/offsite environment to their assessment of top personnel problems. This was in addition to previous challenges such as the agencys high percentages of employees who are currently eligible to retire or will soon be.

The FDIC is moving towards a hybrid model of work that includes remote workers, and workforce planning is crucial.

This transition may require new and improved skillsets. It will emphasize the need for employee traits like adaptability, resiliency and self motivation. Collaboration is critical for successful remote work.

The IG again mentioned the possibility of replacing future losses due to retirements. However, only 25% of FDIC employees are eligible at present, compared to 15% government-wide. This percentage is higher than 40 in the divisions of resolutions and receiverships as well as the divisions of finance and legal.

Additionally, 39% of all employees will be eligible for retirement within five years. This figure is higher than 50 percent in these three divisions and 60% for managers and executives.

The FDIC could not be as agile in executing resolution or receivership activities in future crises without the expertise of these professionals, it stated.

It also listed other challenges, such as measuring the effectiveness of efforts to reduce turnover and promoting diversity in a workforce that has a lower percentage of minorities than the government-wide averages.

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