UBS Reviews in New York City, NY

Updated August 15, 2014
Updated August 15, 2014
1,352 Reviews

3.3
1,352 Reviews
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UBS CEO Sergio P. Ermotti
Sergio P. Ermotti
269 Ratings

Review Highlights

Pros
  • work-life balance; office culture; staff education (in 133 reviews)

  • Decent work-life balance, relaxed work environment, corporate perks (in 76 reviews)


Cons
  • Work-life balance is appalling if one wishes to get promoted (in 29 reviews)

  • Lack of clear strategy due to too many senior management changes (in 53 reviews)

More Highlights

77 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    Lack of meritocracy. Low compensation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Weehawken, NJ
    Current Employee - Anonymous Employee in Weehawken, NJ

    I have been working at UBS

    Pros

    work life balance can be supported working with mgmt

    Cons

    Promotion is based on "who likes you" rather than "what you have done"

    Advice to ManagementAdvice

    Design incentive systems that are more results driven

    Doesn't Recommend
    Disapproves of CEO
  2.  

    Very Flexible Employer, Nice People, but prospects of growth are nonexistent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Authorized Officer  in  Weehawken, NJ
    Current Employee - Authorized Officer in Weehawken, NJ

    I have been working at UBS

    Pros

    The culture is very laid back. It is not an entirely unpleasant place to work. It is not a high pressure environment, work is usually assigned with ample time to complete it.

    Cons

    You work and never really see the results, things are very bureaucratic and political. The environment makes delivering a good product very hard. It is very rigid in some senses and not structured at all in other ways which are actually more relevant to what is produced software wise.

    Advice to ManagementAdvice

    The management I think largely sees what needs to be done it is how they think they can achieve this that is misguided. Too much focus on trying to measure the unmeasurable and track the untraceable that the essence of what needs to be done is lost. The structure of software development at UBS is built on micromanagement rather than individuals with some level of autonomy.

    Doesn't Recommend
    No opinion of CEO
  3. 1 person found this helpful  

    not very good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Weehawken, NJ
    Current Employee - Anonymous Employee in Weehawken, NJ

    I have been working at UBS

    Pros

    easy commute, outside of high management mostly decent people

    Cons

    horrible leadership. used to be if not pru then go away, now if not merrill you are nothing

    Advice to ManagementAdvice

    know who you are speaking to. stop putting down your workers by telling them how much they sucked before the ML crew showed up

    Doesn't Recommend
    No opinion of CEO
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  5. 1 person found this helpful  

    Poor Experience in Private Wealth Management

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

    I worked at UBS

    Pros

    Brand name wirehouse so that definitely helps

    Cons

    This is true only for Private Wealth Management, but the Corporate Management seemed to place results above all else without regard to their employees

    Advice to ManagementAdvice

    hire new management

    No opinion of CEO
  6.  

    not a great place to be

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Weehawken, NJ
    Current Employee - Anonymous Employee in Weehawken, NJ

    I have been working at UBS

    Pros

    Not as demanding in terms of hours,

    Cons

    low employee moral and does not compensate competitively

    Doesn't Recommend
    No opinion of CEO
  7.  

    Trial By Fire

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Analyst (IBD)  in  New York, NY
    Former Employee - Analyst (IBD) in New York, NY

    I worked at UBS

    Pros

    At the time I joined it was a growing investment bank with a strong reputation. There were numerous opportunities to work on large, live deals. You were allowed to take on more senior work if you could handle it.

    Cons

    Extreme example of investment banking work life balance. To sum it up, one of my colleagues quick in the first month by sending an email that contained the phrase "There is no happiness here."

    Advice to ManagementAdvice

    Honest communication with employees on the actual state of the business would have been nice.

    Doesn't Recommend
    Disapproves of CEO
  8.  

    Miserable

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

    I worked at UBS

    Pros

    The reputation of the firm.

    Cons

    Management has no direction and cannot manage their own people.

    Advice to ManagementAdvice

    Management should have more stringent reviews of themselves don by their employees. There should be more accountability for Management.

    Doesn't Recommend
    No opinion of CEO
  9.  

    I have been there for too long

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Associate Product Manager  in  Weehawken, NJ
    Current Employee - Associate Product Manager in Weehawken, NJ

    I have been working at UBS

    Pros

    Nice co-workers to interact on a regular basis

    Cons

    Awful pay. You feel like a slave

    Doesn't Recommend
    No opinion of CEO
  10.  

    Good place to launch or finish career

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

    I have been working at UBS

    Pros

    fair, easier going, European so not as cut throat

    Cons

    too egalitarian, and rewards are too loyalty based

    Advice to ManagementAdvice

    allow for more entrepreneuralship

    Disapproves of CEO
  11. 1 person found this helpful  

    Went from Bad to worse

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Project Manager  in  Jersey City, NJ
    Former Employee - Project Manager in Jersey City, NJ

    I worked at UBS

    Pros

    Solid company with good benifits. Nice people who have been there a long time. Solid understanding of PM principles

    Cons

    To political of a company to advance in

    No opinion of CEO

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