UBS
3.3 of 5 1,229 reviews
www.ubs.com Zurich, Switzerland 5000+ Employees

UBS Reviews

Updated Apr 16, 2014
All Employees Current Employees Only

3.3 1,229 reviews

                             

75% Approve of the CEO

UBS CEO Sergio P. Ermotti

Sergio P. Ermotti

(220 ratings)

63% of employees recommend this company to a friend
1,229 Employee Reviews
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Review Highlights

Pros:
  • "They also place great emphasis on work/life balance and local community activities"
    in 124 reviews
  • "It is a good company where you can develope a great job carreer within a profesional work environment"
    in 72 reviews
Cons:
  • "Bad work life balance, decreasing compensation levels"
    in 27 reviews
  • "Lack of clear strategy due to too many senior management changes"
    in 52 reviews
  • Show more review highlights

Reviews

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  • Comp & Benefits
         
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  • Approves of CEO

1 person found this helpful  

UBS is a good place to work if you are a new employee, but not so much for a long term employee.

Director (Former Employee)
Stamford, CT

I worked at UBS full-time for more than 8 years

ProsGood benefits, but they are being scaled back.

ConsBad work life balance, decreasing compensation levels.

Advice to Senior ManagementWhen will all the lay offs stop?

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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The place to start your career in finance

Wealth Management Intern (Current Employee)
New York, NY

I have been working at UBS as an intern for less than a year

ProsGreat team that cares about your learning, enhanced by weekly seminars on a range of topics given by finance professionals. Laidback culture, approachable upper management, a lot of free goodies which is always good.

ConsSome coffee/copy work, but to be expected at this level. Some days were rather slow with not much to do. Didn't follow through on some promises, e.g. learn Bloomberg

Advice to Senior ManagementProvide interns with more responsibility to increase learning

Yes, I would recommend this company to a friend

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Wealth Management Intern

Wealth Management Intern (Current Employee)
Chicago, IL

I have been working at UBS as an intern for less than a year

ProsNice working environment, helpful managers, flexible schedule

Constoo many office administrative responsibilities. personally, i prefer to work on projects rather than just paperwork

Yes, I would recommend this company to a friend

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Excellent learning experience to those interested in finance

Intern (Former Employee)
New York, NY

I worked at UBS as an intern for less than a year

ProsWealth management gives exposure to a wide array of financial products, ranging from stocks and bonds to alternative investments and derivatives. An internship is a great starting point to building personal knowledge of financial markets.

ConsThe intern program wasn't as structured as other wealth management programs at large banks. There aren't many opportunities for those looking to get hired out of the intern pool.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Challenging and Rewarding

Anonymous Employee (Former Employee)
Stamford, CT

I worked at UBS full-time for more than 5 years

ProsGreat company overall. Great benefits.

ConsIn some departments: an organizational nightmare. Too many layers.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Awesome.

Intern (Former Employee)
Lexington-Fayette, KY

I worked at UBS as an intern for less than a year

ProsIt's pretty awesome. Very cool. I think this is one of the coolest places in Lexington. It's pretty awesome. Very cool. I think this is one of the coolest places in Lexington.It's pretty awesome. Very cool. I think this is one of the coolest places in Lexington.

ConsThere were a few not so awesome things. A few not cool days. There were a few not so awesome things. A few not cool days. There were a few not so awesome things. A few not cool days.

Advice to Senior ManagementJust do what you can to make things awesome.

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Bad

Associate Director (Current Employee)
Stamford, CT

I have been working at UBS full-time for more than 5 years

ProsNone..Nothing good about this place.

ConsDon't work here.. waste of time..

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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UBS wealth management is about sales and not investments

Anonymous Employee (Former Employee)

I worked at UBS

ProsThe people are very nice and the environment is collegial. Management does an excellent job bringing good people into the organization.

ConsThe main financial planning tool is the Financial Goal Analysis sales tool. This tools is misleading as the tool assumes one only loses money twice in a lifetime. Advisors also omit the sales charges.

Advice to Senior ManagementFind a better mix between investing and sales

No, I would not recommend this company to a friend

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Nice place to work if you don't care about getting ahead.

Executive Director (Current Employee)
New York, NY

I have been working at UBS full-time for more than a year

ProsPockets of strength include the managed municipal bond team and alternatives (hedge funds) products. Some strength in asset allocation solutions, too. Good work/life balance. Good location. Nice office space.

ConsBonus pay is not competitive with other asset managers. The US asset management business is losing assets and revenues. Prospects for the next few years appear to be limited without some type of catalyst.

Advice to Senior ManagementClearly communicate the business strategy to better engage employees. Do a lift-out or aquisition to shake things up. Pursue a third-party distribution strategy.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Great experience with lots of useful training.

Anonymous Employee (Former Employee)

I worked at UBS

ProsLots of useful training and good people there.

ConsManagement changes frequently and culture changed in the past 3 years.

No, I would not recommend this company to a friend

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Glassdoor is your free inside look at UBS reviews and ratings — including employee satisfaction and approval rating for UBS CEO Sergio P. Ermotti. All 1,229 reviews posted anonymously by UBS employees.