UBS Reviews in New York City, NY | Glassdoor

UBS New York City Reviews

Updated June 22, 2017
676 reviews

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New York City, NY Area

676 Employee Reviews

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Pros
Cons
  • Work life balance completely eroded during my time there (in 90 reviews)

  • Long hours, long commute, low pay (in 100 reviews)

More Pros and Cons

  1. Helpful (2)

    "Keeping my head down, doing the best I can, with the goal of professionally growing while advancing my career."

    Star Star Star Star Star
    Current Employee - Anonymous Employee in Weehawken, NJ
    Current Employee - Anonymous Employee in Weehawken, NJ

    I have been working at UBS full-time

    Pros

    Excellent benefits. 3 weeks vacation, 8 sick days, 2 personal days when hired. Company funded HSA which is yours whether you stay or leave the firm and is replenished every year. Generous family leave when you have children.

    Cons

    Micro-managed. Severely underpaid at 50K a year compared to the market we work and peer firms. Unless you live locally the commute is undesirable. Severely understaffed and overworked teams, which in my time, clearly has negative impacts on morale across the teams and produces over 40% turnover in the first year of employment for new hires. Have to stay in the role for 18 months before you can look at other career opportunities/paths in the firm.

    Advice to Management

    Try to recognize your employees for the effort and victories being made, no matter how small, because right now all you do is criticize and point out short comings. You should pay your employees more for all they must shoulder on a daily basis, at least then you might help reduce turnover of skilled and good people.


  2. Helpful (1)

    "Standard Corporate environment"

    Star Star Star Star Star
    Former Employee - Business Analyst in Montclair, NJ
    Former Employee - Business Analyst in Montclair, NJ
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at UBS full-time (More than 5 years)

    Pros

    Location was great. People were nice

    Cons

    Much of the infrastructure was behind the times.

    Advice to Management

    Spin off the brokerage business and revive the Paine- Webber name


  3. "Great Resume Builder"

    Star Star Star Star Star
    • 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
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at UBS full-time (More than 5 years)

    Pros

    - Diverse and bright employees
    - Challenging projects in an ever changing industry
    - No end to the different areas of the business to work with
    - Great education and experience for recent grads
    - Best way to learn the functionality of Power Point

    Cons

    - Deep organizations and cross functional responsibilities make accountability hard to manage
    - Decision making is very slow and deliberate
    - Hard industry to develop a career path with regulations and compliance requirements constantly changing

    Advice to Management

    More accountability throughout the chain of command and direct leadership


  4. Helpful (1)

    "Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Wealth Strategy Associate in North Arlington, NJ
    Current Employee - Wealth Strategy Associate in North Arlington, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    UBS has a great culture. They also provide a significant amount research and reports that serve as a great help in a support role.

    Cons

    in the location i worked, their systems seem to always have technical issues but overall a great firm to work for.


  5. Helpful (2)

    "Financial Advisor (Wealth Advice Center)"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Weehawken, NJ
    Former Employee - Financial Advisor in Weehawken, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at UBS full-time (More than 3 years)

    Pros

    Great environment to work in and as long as you work hard and hit your goals, no one will bother you about anything. In addition, if you do put in the hours above the regular 9-5, you will be paid out very nicely quarterly and with the end of the year bonus. There is also a very fair salary that comes with the whole package.

    Cons

    Goals change a lot and certain quarters, they will be much harder to get even if you work 2x as hard as a previous quarter and still not get paid as much. The Wealth Advice Center division is a few years young, so they are still changing compensation structure as each year goes on. It sometimes is unfair, as they have in the past overpaid one team, in a certain quarter, and did not pay the other teams much. What was unfair, was that the goals were made impossible the following quarter, and no one got paid. So in retrospect, about 18 advisors from the Prospect team made 20-25k in one quarter, and overall that much more than other advisors for the year.

    Advice to Management

    Put yourselves in our shoes more often as most of you have been in the past, and truly try to make goals more attainable at times and payouts higher if you want a lower turnover.


  6. "Good culture"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in White Plains, NY
    Current Employee - Anonymous Employee in White Plains, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    good culture in general and decent work life balance

    Cons

    aweful IT system and support


  7. Helpful (1)

    "Summer Intern Investment Bank"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Summer Analyst in New York, NY
    Former Employee - Summer Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Good pay, overtime hourly rate is good for an internship

    Cons

    Toxic company culture from the top-down; no respect for the time of junior bankers


  8. Helpful (1)

    "Mail Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mail Room Manager in Ozone Park, NY
    Former Employee - Mail Room Manager in Ozone Park, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at UBS (More than 5 years)

    Pros

    some good people at the branch for some time

    Cons

    a lot of bad people

    Advice to Management

    do the right thing always


  9. Helpful (2)

    "Good learning experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    UBS had a reputable brand and a well structured training program that allowed early career employees to leverage knowledge base in order to find employment elsewhere

    Cons

    UBS had a good internship, but failed to capitalize on the program...First and second year analysts were not compensated and were given limited opportunities early in career.

    Advice to Management

    Decrease upper management in order to create a more sustainable hierarchical structure. Increase profit sharing program on a per group basis so that individual groups are not punished for the poor performance of the firm.


  10. "Wealth Management Intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Comp & Benefits
    • Senior Management
    Former Employee - Wealth Management Intern in New York, NY
    Former Employee - Wealth Management Intern in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at UBS (More than a year)

    Pros

    Good communication, fair workload, pretty fun client base

    Cons

    System learning curve that usually has to be worked out on your own


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