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      UBS

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      UBS reviews

      3.7

      72% would recommend to a friend

      (14,597 total reviews)
      avatar

      Sergio P. Ermotti

      84% approve of CEO

      62% positive business outlook

      Ratings by category

      3.9

      Diversity & inclusion

      3.8

      Work/Life balance

      3.7

      Culture & values

      3.5

      Compensation and benefits

      3.5

      Career opportunities

      3.3

      Senior management

      UBS has an employee rating of 3.7 out of 5 stars, based on 14,597 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).

      Ratings by demographic groups

      Reviews by job title

      15K reviews
      2.0
      Sep 29, 2013

      UBS like many employers, looks better from outside than inside

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Global reach for a bank like UBS is always good. It has also the particularity to pay better than market as UBS is just an hungry consumer and not a people riser... Still a few fantastic professional and very knowledgeable persons (who are trying to leave the boat unfortunately)

      Cons

      Middle management is absolutely crap. They are always on the go to new project (i.e. often pre-run processes or systems or business approach in other institutions or industries) and they will always need to have an extremely formalized approach that takes for ever as mid-mgt does not decide anything...At the first hick-up, they would stop everything and find someone to blaim (usually the very last one in the chain who has no clue whats going on)...lots of evil people and cowards on top of it ...plus no vision at all... many bankers who have less knowledge than beginners sometimes.. (many people managing something they reaaaally dont understand and just try to compensate with communication - meant wind here - ridiculous indeed) As a consequence, absolutely no people management or career enhancement... UBS good at personal marketing, good at talking about innovation but not open to change through innovation and hence killing in the eggs is a 'national sport' Hiring process: they want best of the best, launching job description that more than 80% or UBS employees cant even dream about accomplishing it once in their life...so they pay at high rate and later, once you are in, either you've got a very musculous tongue or you are off the page UBS is doing good in business at the moment, but this does not impact yet career development (horizontally, vertically and/or geographically)

      1.0
      Sep 25, 2013

      Terrible culture, poor management, everyone plays politics

      Investment banking analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      -Compensation is ok, but bonuses are significantly less than similar bulge brackets -Still a pretty capable bank, some decent deals and exposure -Analyst classes are filled out pretty well - diverse, smart people. Usually best thing about joining is the analyst network after

      Cons

      -Terrible management at practically every level. Everyone is looking out for themselves, do not care to develop junior staff and frequently throw them under the bus. -Upward movement is based more on politics than it is on merit -No direction besides cost cutting. Senior management provides no guidance, tells their bankers to cut costs but then punishes them for not closing deals. Result is a free-for-all amongst all the bankers, severe politics to stay afloat, and no consideration for the long-term -any major talent has pretty much jumped ship already after a series of poor management decisions and financial blowups due to poor risk management and a culture that encourages immense risk-taking

      2.0
      Jul 17, 2013

      A true love hate relationship with UBS

      Associate director
      Recommend
      CEO approval
      Business Outlook

      Pros

      The technology of this bank is outdated, between the 1990's to 2000's, and the bank is far from perfect (what company is?), however instead of looking at this from a negative point of view, I saw the positive side of it. The nature of my position and the lack of resources available allowed me to utilize my creativity to the max, which also helped me improve my computer programming and communication skills greatly. The people were nice, mostly open to suggestions, and seemed to appreciate my work for the departments. Of course, the nature of my position was made possible by my boss who was fortunately very open minded. He let me do my job independently with minimal supervision. If I have had anything less, my viewpoints would have been very different and my creativity would have been limited. In my particular department, there was downsizing and this occurs everywhere in every company at some point or another. Thus, I can't put this as a con since this is a part of life and business restructure. Again, I looked at the downsizing as an opportunity for myself and utilized my creativity to the max to help offset the lack of resources through innovation. This is a pro because the company let me be creative, listened to my suggestions, let me execute my decisions, and overall had been very accommodating. I know a lot of people complain about the technology there (and so did I my first few months), but there are some things we can't control. I learned to focus on what I could control, and turned the negatives into major opportunities.

      Cons

      There are definitely cons to working at UBS. Unfortunately because of these cons, this fact had pushed me into looking for new employment about 1.5 years into the company. I am not one to criticize management or to give my personal opinion about how they should act, mainly because I do not have the full story. But I will say this: Although the lack of resources as I mentioned above allowed me to be creative and work smarter, the lack of resources also affected my personal growth at the company. I had expected to have a small team working for me by the end of the 2nd year, and I still had no support. Think about it, if you are the only maintenance and support technician on site, what happens? You can't leave your position, ever. There would be no way for me to personally grow at this company since any promotion would indicate I would no longer be available to support my original duties. The lack of any salary increases also was off-putting. Most people will say "but no one got a raise", or "you haven't been at the company that long" but we shouldn't think that way. Everyone is different and has different achievements and time frames. Why should I have to be at any company for even 5 years to see a promotion if my work is truly valued? I only look at my own achievements, and if the company is not giving promotions or salary increases throughout the department despite individual contributions, there really isn't much one can do but to either take it, or move on.

      Viewing 358 - 360 of 14,597 Reviews
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