UBS reviews

3.7

72% would recommend to a friend

(14,571 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 14,571 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
4.0
Oct 29, 2008
Recommend
CEO approval
Business Outlook

Pros

Lots of opportunity to move within the company, whether its a physical move of location with a lateral position change or into an entirely different department.

Cons

The company is so large, predictably there are always a lot of machinations and procedures to follow to get something done. I had a problem with my securities registration and it was like moving a mountain to get someone in corporate to help me resolve it. Eventually they did, but I had to be very aggressive and I felt like corporate should have been more supportive from the very beginning.

2.0
Oct 28, 2008
Recommend
CEO approval
Business Outlook

Pros

UBS has good benefits and training. Healthcare benefits are offered on the first day of employment. The networking is also a major benefit; if you enjoy attending numerous functions.

Cons

A balance between work and life do not exist. Management will sell you on the idea that schedules are flexible, but performance goals are unrealistic. Watch the Enron trading documentary and you will see how UBS operates. The biggest downside is the amount of cold calling that is emphasized. If you do not like cold calling stay away from this type of work. Most managers climbed the ladder during the 90's when cold calling was effective and people wanted to hear about the latest Wall Street concoction. Today, nobody wants to take a brokers call especially for risky products that get you paid.

4.0
Oct 21, 2008
Recommend
CEO approval
Business Outlook

Pros

Obviously it depends on what area you are in, but overall I have found the UBS culture is friendly and supportive. I have heard people speculate that this is because the bank still maintains a European style relationship with its employees. I came from another bank in which, after a seemingly endless series mergers, everyone felt like they were walking around with a bulls-eye on the back of their head. People were miserable. I really have to say that given that experience I found the whole atmosphere at UBS like a breath of fresh air.

Cons

It has been a tough year news-wise. Between the 50+ billion write down, the cross-boarder issues and the auction rate security mess, UBS has been on the front pages way too much for my comfort. The Stock has taken a nose dive. One never likes to see one's employer take it on the chin because you would have to be an idiot not worry about job security in this market. That said, it has been tough for all Financial services companies.

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Glassdoor has 19,444 UBS reviews submitted anonymously by UBS employees. Read employee reviews and ratings on Glassdoor to decide if UBS is right for you.