U.S. Department of the Treasury

1. INTERPRETATION OF RESULTS:

The Federal Employee Viewpoint Survey (FEVS) offers unique insights into federal employees’ perceptions of employee satisfaction, engagement, and workforce management. Treasury values its employees and respects workplace perceptions. The results of the FEVS are analyzed for patterns and themes that help us identify Treasury’s strengths and challenges and are used to guide improvement efforts.

The 2024 core survey included 90 questions that measured federal employees’ perceptions about how effectively agencies manage their workforce. The 2024 survey also contained on additional question on telework, twenty demographic questions, and eight Agency Specific Indicators. The survey results are reported across five indices and several sub-indices as listed below:

1. Employee Engagement
   1. Leaders Lead
   2. Supervisors
   3. Intrinsic Work Experience
2. Global Satisfaction
3. Performance Confidence
4. Diversity, Equity, Inclusion, and Accessibility (DEIA)
   1. Diversity
   2. Equity
   3. Inclusion
   4. Accessibility
5. Employee Experience

The 2024 FEVS shows small changes in a few of the major indices as well as several sub-indices.

The Employee Engagement index increased by 0.6% and there were similar small improvements in the Leaders Lead (+0.7%), Supervisors (+0.6%) and Intrinsic Work Experience sub-indices (+0.3%.) with one slight uptick in DEIA from 73% to 74%. All the other major indices saw similar small increases with the exception of the Performance Confidence Index, which decreased by 0.4% to 86.3%. The response rate continues to improve after the drop due to the pandemic, increasing by 6% to reach 50%. This exceeds Government-wide rate of 41% and Very Large Agency rate of 37%.

Graph 1: Treasury FEVS Results on Key Indices (2018 – 2024)

Overall Analysis

The 2024 FEVS includes several highlights:

• 63 out of 88 core survey items were identified as strengths (65% positive or higher).
• Since 2021, no survey items identified as challenges. (35% negative or higher).
• 40 survey items increased, and 5 survey questions decreased from 2023, none more than 1%.
• Global Satisfaction (65%) and Employee Experience remain unchanged.
• Performance Confidence (86%) decreased by 1%.
• Treasury’s Employee Engagement Index (74%) has remained unchanged for four years.
• 1% increase to several sub-indices, including Employee Engagement: Leaders Lead (66%), Supervisors (83%), DEIA: Diversity (77%), and DEIA
• Performance Confidence (86% was the only major index to decrease (-1%). None of the sub-indexes decreased.
• Treasury employees continue to remain committed to their mission, are willing to be held accountable for their work, and are proud of their contribution to the agency’s mission as evidenced by the five items with the highest positive scores shown below. These five items are the exact same highest scoring questions as 2023 and 2022.
• 90% Positive- I am held accountable for the work I produce (Q11).
• 90% Positive- It is important to me that my work contribute to the common good. (Q90).
• 89% Positive – Employees in my work unit meet the needs of our customers (Q20).
• 89% Positive – My supervisor holds me accountable for achieving results. (Q53).
• 88% Positive – Employees in my work unit contribute positively to my agency’s performance. (Q21) There was a 1% decrease from 2023.

Diversity, Equity, Inclusion, and Accessibility Results

The DEIA Index aligns with Executive Order 14035: Diversity, Equity, Inclusion, and Accessibility in the Federal Workforce and includes four associated sub-indices measuring:

• Diversity: The practice of including the many communities, identities, races, ethnicities, backgrounds, abilities, cultures, and beliefs of the American people, including underserved communities. (Source: Executive Order (EO) 14035)
• Equity: The consistent and systematic fair, just, and impartial treatment of all individuals, including individuals who belong to underserved communities that have been denied such treatment. (Source: EO 14035)
• Inclusion: The recognition, appreciation, and use of the talents and skills of employees of all backgrounds. (Source: EO 14035)
• Accessibility: The design, construction, development, and maintenance of facilities, information and communication technology, programs, and services so that all people, including people with disabilities, can fully and independently use them.  (Source: EO 14035) 

On the DEIA index, Treasury achieved a result of 74%. This exceeds the overall Government- wide (72%) with additional detail on the sub-indices below:

• Diversity: 77%, exceeding Government-wide results (72%) by 5%.
• Equity: 72%, exceeding Government-wide results (68%) by 4%.
• Inclusion: 79%, exceeding Government-wide results (70%) by 9%.
• Accessibility: 69%, lower than Government-wide results (70%)

Employee Experience Results

2024 was the second year that the OPM FEVS included the Employee Experience Index, measuring engagement to the work and the organization. This index measures critical conditions conducive to employee engagement such as effective leadership, meaningful work, and the opportunity for employees to learn and grow on the job.

For this index, Treasury once again achieved a result of 71%, above the 65% strength benchmark. However, this is slightly below the Very Large Agency score of 74% and the Government-wide score of 74%.

2. HOW THE SURVEY WAS CONDUCTED:

The 2024 FEVS for Treasury was administered for just over 6 weeks starting May 14th and closing on June 28th, via email by the Office of Personnel Management. Permanent, full time Treasury employees were surveyed.  As in previous years, political appointees were ineligible to take the survey.

3. SURVEY ITEMS AND RESPONSE CHOICES

All survey items and response choices required by 5 CFR 250.302 were included in the 2024 Survey and are included in the 2024 Treasury Survey Results.

4. NUMBER OF EMPLOYEES SURVEYED, NUMBER RESPONDED, AND REPRESENTATIVENESS OF RESPONDENTS:

In 2024, 100.380 Department of the Treasury employees were surveyed and 49,794 took the FEVS. This was a response rate of 50%, an improvement of 6% from the 2023 FEVS.

Graph 2: Treasury FEVS Response Rate (2018 – 2024)

Table 2 - Representativeness of Respondents

2024 Annual Employee Survey (AES) Report