UBS reviews

3.7

72% would recommend to a friend

(14,577 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 14,577 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 Finanza industry (3.7 stars).

Reviews by job title

15K reviews
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
Feb 22, 2020
Recommend
CEO approval
Business Outlook

Pros

Cab till home. Work life balance Good Relocation Bonus (one time) It all depends on the team and Project Lead. Learning comes in phases I was unlucky in the first six month and got really old tech stack JSP and struts. Later after change of the lead I got chance to work upon latest tech in the industry. Leaving Senior Management all the people are really helpful and nice. Nearly all teams have their own social activities and events.

Cons

Join only if you don't care about money and growth. Fixed yearly bonus for EE and AO, not even 5% assuming employed for the full review cycle. Hike is very less mostly single digit below 10%. The salary are not even close to what other banks offers in India. Leaves will get lapsed at year end. No option to en-cash them. No gifts on Diwali, New year. No other added benefits apart from salary and cabs. Favoritism will always win over hard work, effort and talent. Everything is already decided for year end review. They are just doing it for name sake. Senior management have very old thinking. They can push you up to any limit to get their year end goals completed, and they will not even give any credit for you. They will talk about ownership and strategy in front of you but will do nothing. They have very old tech stack. Most of the tech is dying and unmanageable. There is no point in learning it, as you will not find any opportunity in the old tech. Production release is a mess and you may not even get paid extra for doing it on weekend. They have a very complicated process for prod release and very few people are aware about it. Application owners in USA just want to get work done they don't think rationally on the time the effort it will take.

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 34 - 36 of 14,577 Reviews

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