UBS reviews

3.7

72% would recommend to a friend

(14,554 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 14,554 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 Finanzas industry (3.7 stars).

Reviews by job title

15K reviews
1.0
Aug 10, 2018
Recommend
CEO approval
Business Outlook

Pros

- Lot of vacation days - Lot of smart people - Good downtown location

Cons

- Zero opportunity for promotion, its hard finding anyone that was promoted without leaving first and coming back, which is apparently the working formula to get a raise - Performance reviews are 1 - 5 stars, but they will never give you more 3 even if you have worked like a slave and reached all the objectives set out for you in your performance meeting at beginning of the year, just look at the UBS ticker on NYSE and you can see why nobody is getting promoted or a decent raise, not rocket science, just poor business management hidden under the guise of you not performing - They wont fire anyone who is a perm UBS employee. Yes thats right, loooot of dead weight sitting around, one older guy who is clearly hammered at work quite often working out of Weehawken office, going home at 2pm, just riding out the train until he retires. Another guy that was taking sick days 3 or 4 times a month because they dont track them - Management is constantly doing re-orgs, which is laughable comedy amongst the grunt workers in Nashville office, they send out a new email nearly every other week tooting their horns of who is in what new position, its like musical chairs every month, they have not a damn clue wtf they are doing - Technology at UBS is the most antiquated, unorganized, paper / approval heavy monster I have ever seen, people have left for this alone - Very PC, everything so politically correct, people afraid to crack jokes and mess around, feels like your in the boy scouts or a church youth group, utterly strange from a culture perspective - You pay for your own parking at the office, they make the contractors take a shuttle from Nissan Stadium, which is sad and creates a culture of segregation

2.0
Feb 9, 2025

Poor culture and benefits

Recommend
CEO approval
Business Outlook

Pros

- Good work-life balance - Most low-level managers are trying their best

Cons

- Culture of fear: Regular reminders from management to the team that they need to make sure they are seen as high-performers otherwise everyone will lose their job. - Poor benefits: Health benefits have high-premiums with high deductibles. - Low meritocracy: It does not make much of a difference if you perform great, average or poorly. The pool for bonuses and salary increases in the team is so small that as a great performer you get little more than low performers. - Low energy and motivation: Most people don't seem to have the motivation or skills to perform. - Extreme bureaucracy: It matters more if you write "good" objectives than if you deliver them. - Pretending everything is good: Many teams congratulate themselves quarter after quarter about almost being done with the same objectives (Q1 objectives become Q2, Q2 become Q3, ...) - Back-stabbing: Seen multiple colleagues going to our manager's manager to complain about said manager performance without talking directly to the person.

3.0
May 24, 2021

Swiss Cheese

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

UBS supports work from home and encourages flexibility for family and personal considerations. Post pandemic it appears UBS will be very liberal in its WFH policy, most likely making office visits largely optional. Don't need to take Fridays off because most of the firm isn't really working after lunch on Fridays. and therefore nobody notices if you're not around too.

Cons

Typical big bank mindset in the divisions, overwhelming bureaucracy, outdated systems, inefficient processes. Very low salary increases, often zero for many people. Giving a direct report a 4% raise takes an act of Congress, i.e. don't bother because you're only annoying your management by asking. Senior leadership is generally clueless about the business systems and processes they oversee, leading to big disconnects between hands-on people and strategy leadership. Inefficiency permeates the organization in every dimension. Employee benefits are expensive and mediocre compared with other firms in the industry. Hardly a day goes by without some self-serving internal announcement congratulating the firm's exemplary commitment to diversity and inclusion. Then look around and you see almost no people of color. Seem to be really committed however to promoting women, although in most cases those women promoted are Caucasian "old boys" steeped in the ancient culture. Anybody who tries to radically change an outdated process or system will probably fail and leave the organization in frustration.

Viewing 28 - 30 of 14,554 Reviews

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