UBS reviews

3.7

72% would recommend to a friend

(14,608 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 14,608 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
1.0
Oct 2, 2024
Recommend
CEO approval
Business Outlook

Pros

UBS as a whole is great, this review is catered towards the KYC analyst role.

Cons

This has to be the absolute worst job in the entire corporate world. The entire job is JUST doing client account yearly reviews. Every client account is a “case” You log in, your manager will send a message in the team chat at a random time of day saying “I have cases, like this message for a case” and you are assigned cases based on who likes the message first. If not you have to message your manager every time you need work saying “can I get a case”. Every hour of every day is the same exact thing. You have ONE task. You do nothing else in this role but like for cases and complete the case. Day in and day out. If you don’t always like the message first, your “performance” starts to go down and they penalize you for your ability to click a button fast enough. Upper management is obsessed with numbers and production of cases. And don’t even dare try to bring up new ideas or initiatives because you will get brushed off. The managers are always coming up with weird new ideas to justify their jobs and find something to do. Recruiters will lie to your face about compensation and give you false promises. Absolutely everyone in the KYC space is uneducated and unprofessional. People on the team go to the office to gossip about their personal lives and treat it as a social circle all day long. Everyone in this space gets side eyed and others with real jobs at the company have even moved their desks to be away from KYC teams. That is how low people in this position are. You need absolutely zero skills to work this job. It doesn’t give you any transferable skills, and growing in this career is close to impossible. The best you could do is get promoted to Quality Control Analyst ( the person who reviews the work after the KYC analyst submits it) and even then you are still doing the same thing every. single. day. That role genuinely felt like the equivalent of a kindergarten class. If you worked hard in college to a get 4 year degree and are a professional individual, I highly advise you skip this role. They are laying off a ton and hiring in India. If you try to move internally to another position in the firm, you will be first to be let go. They also tend to periodically lay off when workload is low to then rehire a month later at lower pay. This is not a career, it’s an absolute dead end job. STAY AWAY. I would’ve never imagined that such a reputable firm like UBS would have such a ridiculously unprofessional line of business.

1.0
Sep 13, 2024
Recommend
CEO approval
Business Outlook

Pros

Number of PTOs are great. UBS Offices have coffee machine.

Cons

My experience at UBS has been overwhelmingly negative, especially in terms of how the firm treats employees from diverse backgrounds. The company is notoriously famous for exhibiting racist behavior, particularly toward people of color. This behavior seems deeply embedded within the firm's culture and continues unchecked. Promotions are incredibly difficult to achieve unless you fit a very narrow mold, which often favors white employees. The career ladder feels inaccessible for anyone outside this demographic, no matter how qualified or deserving. UBS consistently makes false claims about its diversity, equity, and inclusion (DEI) efforts. They regularly post on LinkedIn about their "Fake" commitment to DEI, but these posts are nothing more than a PR stunt. The reality is quite different: Their supposed focus on LGBTQ+ and non-white employees is entirely performative. The firm's DEI efforts are largely superficial, with no real intent to drive meaningful change. Their only real focus in this area seems to be increasing the number of "white women" in the workforce, which they point to as evidence of their commitment to diversity. The firm’s layoff strategies: Just before the employee review cycle ends each year, UBS has a pattern of laying off employees from minority groups—including LGBTQ+, women, people of color, and those of minority ethnicities. This conveniently minimizes liability and the risk of lawsuits, while shielding the company from having to engage with the real challenges of workplace diversity. The Compliance and Risk Management (Swiss MRMC Group) departments, in particular, are rife with a toxic culture of bullying, harassment, and intimidation. Employees in these departments are famous for threats, creating an environment where bullying is normalized. Racism and bullying are rampant, especially from Swiss executives towards employees in the U.S. The cultural divide fosters an environment where non-Swiss, and especially people of color, are treated as second-class citizens. Please be careful when you join this firm as non-white person in US. Retaliation at UBS: If you attempt to raise any concerns about bullying, harassment, or racism with HR, you are almost guaranteed to face retaliation. Employees who voice these complaints often find themselves on a layoff list or fired under the guise of 'performance issues,' making HR complicit in the toxic culture. Retaliation of this form has been common at UBS. Anti-retaliation policy violation is rampant common at UBS. In addition to the toxic work environment, UBS also pays significantly lower than its competitors in the banking industry. This adds insult to injury, as employees not only have to endure a hostile work culture but are also undercompensated for their work. Tips for employees: - Employees in US should escalate any bullying, harassment matters to Swiss HR departments instead of US, so that incompetent leaders such as GCRG COO and team will be held responsible. - Keep track of bullying, harassing behavior from Leadership from Switzerland in the form of email. - Avoid trap of fake DEI Linkedin posts which come from "Group Head of the Communication & Branding". - There are lot of "White Women" get promoted in the Bank to show diversity and they keep bullying, harassing other people of color. - Be aware of the weaponization of same ethnicities against each other (e.g. asians in US against asians in CH). - If discrimination remains rampant common "month over month", please file complaint to US "Equal Employment Opportunity Commission (EEOC)".

1.0
Jul 10, 2024
Recommend
CEO approval
Business Outlook

Pros

I can't see any pros other than it's an euro company

Cons

The international market is a typical blood suckers factory

Viewing 229 - 231 of 14,608 Reviews

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