UBS reviews

3.7

72% would recommend to a friend

(14,575 total reviews)
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Sergio P. Ermotti

84% approve of CEO

62% positive business outlook

UBS has an employee rating of 3.7 out of 5 stars, based on 14,575 company reviews on Glassdoor which indicates that most employees have a good working experience there. The UBS employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

15K reviews
1.0
Nov 7, 2023
Recommend
CEO approval
Business Outlook

Pros

Absolutely nothing about working here is good. The only pros working in the investment bank was getting 25% off he lunches during the week and by the way there's not even a cafeteria in the building you eat at your desk.

Cons

Technology is downright terrible, none of the systems work No cafeteria- you sit behind three computer screens and eat at your desk No work/life balance at all worked throughout the weekends. They do not value you as a person, you are a number to them. Layoffs- Senior Management/ everyone else is there to protect themselves trust absolutely no one. I lost about 5-6 colleagues with zero heads up and they were never replaced. Minimal team bonding activities outside the office, been here for 3 years and have had 3 happy hours which I paid for Promotions are only year end, you can take on alot more responsibilities throughout the year and will not be compensated for it. Bonuses are an absolute joke

2.0
Jan 11, 2023
Recommend
CEO approval
Business Outlook

Pros

I met quite a few lovely people here that I continue to remain in contact with.

Cons

The cons far outnumber the pros. I wrote an honest review of how seriously awful this company's culture is, but was asked to remove some language. So, in short. If you're a female-identifying EA. Stay far away. The culture is heavily male-dominated, and misogynistic. The male bankers huddle together like they are in a locker room, and make sexist jokes. They will ask to take you out for drinks, and then ignore you like a child if you turn them down. As a woman, it was uncomfortable sitting at my desk with a group of man babies talking about their latest sex exploits. Make no mistake, if you're working with a banker from UBS, he's probably a "not nice person". Don't be fooled by their "phone" voices. Once they hang up, they will and do make fun of you. It's locker room talk to the extreme. There are very racist people who work here. But don't go to HR, because they won't do anything about it. They will chalk it up to differences in personalities, or sense of humor, or being too "progressive" for the company. They only contract EAs, which you won't know until you've been there too long. That means hourly, no benefits - full-time. You will most likely do the work of your co-workers if you're a younger EA because the ones who have been there a long time aren't afraid they will lose their jobs (they won't) - so they sit there on their phones all day, while you do their jobs. They also have nasty attitudes, and generally seem to dislike everything. I watched as myself and other "temps" or "contractors" were drowning in work, and being sent nasty emails, or worse - had to sit next to these people all day. The workload I had was incredibly unequal, and none of the management cared that all of the EA contractors were working their tails off for ungracious, rude bankers who were condescending while pulling the weight of the older EAs who did nothing. They would actually defend them. Why? I don't know. I could write more, but you get the point. Stay far away from this place.

2.0
Apr 9, 2021

Loyalty Tax

Recommend
CEO approval
Business Outlook

Pros

Flexibility, even pre-COVID, offered flexible work arrangements and permitted WFM at least a day or two a week.

Cons

Salary -- They DO NOT give raises, not even basic cost of living adjustments, unless you actually go up in rank - which is nearly impossible once you get to the Director level. This means you can go literally 10 years without a raise. It's known as the UBS loyalty tax. While they actually have a team called "FA Recruiting AND RETENTION". they unfortunately don't care much about retaining any other talent. Add to that, they are not backfilling jobs as people leave, so the work load is just astronomical and unmanageable. Unless you negotiate a big starting salary and are content with staying at that rate for years -- stay away. Also - while the senior most management is decent, they basically promote whoever based on "accomplishments" - without regard for whether they have any business managing people. Not everyone who is good at an individual contributor role belongs in management.

Viewing 7 - 9 of 14,575 Reviews

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