UBS Reviews

Updated June 25, 2015
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91 Employee Reviews

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  1. Free personal assistant. Learned nothing about Finance

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Intern - Intern in New York, NY
    Current Intern - Intern in New York, NY

    I have been working at UBS as an intern (More than a year)

    Approves of CEO
    Approves of CEO

    Pros

    Work Environment, convenient commute, great for resume, flexible hours

    Cons

    unpaid... frivolous tasks, learned nothing, printed papers, planned personal trips, organized drawers, filed, and created agendas for supervisor.


  2. Too Big to Function

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources Generalist in New York, NY
    Former Employee - Human Resources Generalist in New York, NY

    I worked at UBS full-time (More than 10 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    International organization with many opportunities for growth and mobility if you actively seek them out.

    Cons

    There are so many processes in place that the day to day business can't get done efficiently and effectively


  3. Helpful (1)

    When times are good it's a good place to work...when times are bad it can get disheartening

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY

    I have been working at UBS full-time (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    You get to work with some brilliant people. No two days are alike so it's never boring. There is a decent amount of global collaboration between resources in the same department but different regions. Not that layoffs are good but, at least, when they have to do one it affects all levels, not just staff.

    Cons

    The pressure never lets up, it's relentless. Base pay is OK but variable comp at the staff and middle management levels takes a dive every time another reputation-damaging revelation is uncovered. Company has passed a disproportionate amount for the cost of US health benefits on the backs of its employees. Company has also done away with a benefit for older workers that would have paid half their health benefits (after 10 years of service) during their retirement years. The push to offshore as much as possible is hurting the retention of institutional knowledge.

    Advice to Management

    Please consider that your competitors will poach more and more employees as the value proposition for staying here continues to diminish rapidly.


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  5. Everything off shored / Outsourced

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Lead Associate in Jersey City, NJ
    Current Employee - Lead Associate in Jersey City, NJ

    I have been working at UBS full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Excellent Work Life Balance
    Flexible Work Hours
    TeleCommute

    Cons

    Everything being offshored and Outsourced
    Poor compensation & Bonus

    Advice to Management

    N/A


  6. Company in transition

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Associate in New York, NY
    Former Employee - Investment Banking Associate in New York, NY

    I worked at UBS full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    High quality and great culture among the junior staff (associates and analysis), however recruiting similar quality moving forward is becoming more difficult.

    Cons

    The bank has had very high turnover rates and is not bringing in large deals. Headcount has been significantly reduced so the work hours are quite high.

    Advice to Management

    Everybody is waiting to see what the final vision for the investment bank is, tell the employees and the markets. The current indecision comes at a cost to morale and retention.


  7. Wealth Management Intern Review

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Wealth Management Intern in New York, NY
    Former Intern - Wealth Management Intern in New York, NY

    I worked at UBS as an intern (Less than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Pretty nice people, nice office - the name certainly looks nice on a resume, but I don't know if it is worth not getting paid or not having any exposure to anything besides a scanner or a copier. There was literally nothing financial about this internship, and the group in which I worked did not seem to know what they were doing.

    Cons

    No exposure to finance. Was forced to make copies and scans. Rarely sat in on meetings. Unpaid. Everybody seemed to be doing the boss's grunt work, even on an associate level. Everybody in the office seemed to be acting like a secretary, not financiers. In my time there, I rarely saw a single financial decision being made.

    Advice to Management

    Don't hire slave labor.


  8. Poor training and poor moral

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Operations Analyst in New York, NY
    Former Contractor - Operations Analyst in New York, NY

    I worked at UBS as a contractor (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Good hours, work ife balance

    Cons

    extremely poor moral, depressing environment


  9. Helpful (1)

    UBS, has alot of potential, always disapoints

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Trader in New York, NY
    Current Employee - Trader in New York, NY

    I have been working at UBS full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    There is great talent, alot of room to ascend

    Cons

    Tend to underpay, and systems are awful

    Advice to Management

    Management is very secretive and will not be open about even the most basic facts (whether a particualr business is open or not)


  10. Helpful (1)

    Currently unable to retain or attract talent, too much turnover

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Director in New York, NY
    Former Employee - Associate Director in New York, NY

    I worked at UBS full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Large organization with a lot of opportunities across functions and international opportunities

    Cons

    Too much turnover, loss of culture, team spirit and morale. Instead of fostering organic growth and promote within, everyone is trying to protect their own interest instead of working towards the advancement of the team/department/company... It's difficult to work towards a common goal when no one has security within the Company at any level.

    Advice to Management

    More transparency, invest in people and try to build some goodwill with current employees.


  11. Work hard and don't expect a "Thank you!"

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Project Manager in New York, NY
    Former Employee - Senior Project Manager in New York, NY

    I worked at UBS full-time (More than 10 years)

    Recommends
    Negative Outlook
    Disapproves of CEO
    Recommends
    Negative Outlook
    Disapproves of CEO

    Pros

    Many advantages as a global company

    Cons

    too many strategy changes during the last years

    Advice to Management

    Get the right people!
    Get a strong CEO like Gruebel.



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