The CFPB has issued its second annual report to Congress on the CFPB’s workforce. The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) requires the Consumer Financial Protection Bureau (CFPB) to submit this report annually to Congress with its:
- Recruitment and Retention Plan
- Training and Workforce Development Plan
- Workforce Flexibilities Plan
The plans presented in this report represent the CFPB’s current goals for recruitment and retention, training and workforce development, and workforce flexibilities.
Over the past year, the CFPB continued to build its workforce by identifying and recruiting the best qualified people to meet immediate and long-term staffing needs.
As of November 3, 2012, the Bureau had 1,014 employees. The Bureau’s growth since FY2011 is indicated in below: