Securities and Exchange Commission: Human Capital Challenges Require Management Attention

Abstract

Over 1,000 employees, or about one-third of the staff, left the U.S Securities and Exchange Commission (SEC) from 1998 to 2000. Of these, more than 500 were attorneys. Overall, SEC s turnover rates for attorneys, accountants, and examiners averaged 15 percent in 2000, more than twice the rates for comparable positions governmentwide. Furthermore, 280 available positions remained unfilled in 2001. According to the former acting SEC Chairman, SEC has been experiencing a staffing crisis that is adversely affecting its ability to protect investors and promote the integrity and efficiency of U.S. securities markets.

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 2001
Accession Number
ADA395686

Entities

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Administrative Personnel
  • Business Administration
  • Commerce
  • Congress
  • Electronic Mail
  • Employment
  • Governments
  • Human Resources
  • Job Satisfaction
  • Law
  • Management Personnel
  • Money
  • National Governments
  • Organizational Structure
  • Personnel Management
  • United States
  • Websites

Readers

  • Government and Public Administration Law.
  • Mathematics or Statistics