Employee Review

  1. 5.0
    Current Intern, less than 1 year

    Review

    May 8, 2021 - UBS Wealth Management Intern in New York, NY
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great people really fun work

    Cons

    Not anything to say here

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  1. 5.0
    Current Employee, more than 3 years

    A good place to work

    May 4, 2021 - Associate Director in Weehawken, NJ
    Recommend
    CEO Approval
    Business Outlook

    Pros

    1. Relaxed work environment 2. Nice cafeteria

    Cons

    Maybe from technological perspective a little laid back.

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  2. 3.0
    Former Employee, more than 5 years

    Swiss Cheese

    May 24, 2021 - Former Employee in Chicago, IL
    Recommend
    CEO Approval
    Business Outlook

    Pros

    UBS supports work from home and encourages flexibility for family and personal considerations. Post pandemic it appears UBS will be very liberal in its WFH policy, most likely making office visits largely optional. Don't need to take Fridays off because most of the firm isn't really working after lunch on Fridays. and therefore nobody notices if you're not around too.

    Cons

    Typical big bank mindset in the divisions, overwhelming bureaucracy, outdated systems, inefficient processes. Very low salary increases, often zero for many people. Giving a direct report a 4% raise takes an act of Congress, i.e. don't bother because you're only annoying your management by asking. Senior leadership is generally clueless about the business systems and processes they oversee, leading to big disconnects between hands-on people and strategy leadership. Inefficiency permeates the organization in every dimension. Employee benefits are expensive and mediocre compared with other firms in the industry. Hardly a day goes by without some self-serving internal announcement congratulating the firm's exemplary commitment to diversity and inclusion. Then look around and you see almost no people of color. Seem to be really committed however to promoting women, although in most cases those women promoted are Caucasian "old boys" steeped in the ancient culture. Anybody who tries to radically change an outdated process or system will probably fail and leave the organization in frustration.

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