UBS Reviews in Zürich | Glassdoor

UBS Zürich Reviews

Updated August 16, 2017
217 reviews

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Zürich (Switzerland)

3.5
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Approve of CEO
UBS Group CEO Sergio P. Ermotti
Sergio P. Ermotti
97 Ratings

217 Employee Reviews

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Pros
Cons
  • Work life balance completely eroded during my time there (in 92 reviews)

  • In some departments it is expected to work very long hours on a long term basis which is not healthy fir the (in 103 reviews)

More Pros and Cons

  1. "IGG"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Director in Zürich (Switzerland)
    Current Employee - Executive Director in Zürich (Switzerland)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at UBS full-time (More than 10 years)

    Pros

    - Cooperative worktogether
    - Competent senior mangement

    Cons

    None none none none none

    Advice to Management

    Salary aligment on Rank level


  2. "UBS FX Investigations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Senior Associate in Zürich (Switzerland)
    Former Contractor - Senior Associate in Zürich (Switzerland)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at UBS as a contractor (More than 3 years)

    Pros

    Melting Pot of different people from various Nationalities, a lot of Freedom in Decision Making, interesting Processes

    Cons

    None, it was a great place to work

    Advice to Management

    None, they were extremely professional

  3. "Junior Software"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Junior Software Engineer in Zürich (Switzerland)
    Former Employee - Junior Software Engineer in Zürich (Switzerland)
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Very good company, like the entire

    Cons

    Very bad managers, hate the attitude

    Advice to Management

    Improve the skills


  4. Helpful (1)

    "Still ok"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Wealth Management Assistant in Zürich (Switzerland)
    Current Employee - Wealth Management Assistant in Zürich (Switzerland)

    I have been working at UBS full-time (More than 3 years)

    Pros

    International work environment
    Good IT systems
    Internal mobility
    Lots of resources

    Cons

    Political
    Promotions seem very arbitrary
    Too big
    Education very much dependent on line manager

    Advice to Management

    This bank is too big. Same results could be achieved with 25% less of the workforce if people would work together


  5. "No culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Trader in Zürich (Switzerland)
    Current Employee - Senior Trader in Zürich (Switzerland)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at UBS full-time (More than 8 years)

    Pros

    the salary gets paid on time

    Cons

    management only looks out for their own bonus. No development plan or support for employees

    Advice to Management

    Treat your employees the way you would like to be treated. Live and believe what you tell people and don't just make up nice sentences


  6. "COO"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in Zürich (Switzerland)
    Former Employee - Intern in Zürich (Switzerland)
    Recommends
    Approves of CEO

    I worked at UBS (Less than a year)

    Pros

    Extremely well-structured internship, with loads of great event and workshops to build skills

    Cons

    Huge organisation, hard to see relative impact


  7. "Depends who/where you work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Developer in Zürich (Switzerland)
    Former Employee - IT Developer in Zürich (Switzerland)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at UBS full-time (More than 8 years)

    Pros

    Good time for people in Poland

    Good time for apprentices. Many teams are recruiting apprentices instead of experienced staff because it is cheaper and the cost is taken from the apprentice budget pool.

    My previous Manager was flexible with working hours.

    Cons

    As an experienced professional, your job is safe as long as you are needed. Otherwise, be prepared for the worst. The company seems to be full of divisive or incompetent management. My own team suffers from lack of communication. Staff are expected to know new procedures / duties which are not communicated. Some team environments are extremely toxic. If you are not on good terms with the right people, they will find the smallest excuses to victimize you.

    With regards to personal development, it depends on your relationship with the Manager.

    UBS has been steadily cutting staff benefits over the past 5 years. Staff discounts and sports facilities have all disappeared. Restaurant subsidies have gradually been decreased.

    Staff surveys are structured in a way that negative feedback is not possible.

    Advice to Management

    None since it is pointless. The current situation all starts at the top. Whilst cost-cutting is a necessary evil, the way in which it is done is very demotivating.

  8. "Many benefits, a lot of bureaucracy and hard work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in Zürich (Switzerland)
    Current Employee - Project Manager in Zürich (Switzerland)
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great benefits e.g. fairly flexible: work at home 1-2 days a week, take long lunch breaks (not paid), all overtime written down for employees below director rank so time in lieu means I end up with a week or two of extra holiday every year, thus total 7 weeks holiday. Possibility to go part-time for most employees, very supportive of working mothers where possible.

    Cons

    Very high expectations and high workload. Competitive and very male dominated culture. Big difference between the corporate goals of having an equal workplace, and the actual reality of the culture and attitudes. Most colleagues are great but it is hugely bureaucratic, and despite very hard work, progress is incredibly slow.

    Advice to Management

    Require every single employee to do several days training in unconscious bias. Work harder to hire more women, and give men at least a few months of paternity leave so that women are not the only ones seen as "likely to take time off"


  9. "Pay isn't everything"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Social Research in Zürich (Switzerland)
    Current Intern - Social Research in Zürich (Switzerland)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Opportunity to develop strong network and reputable company to have on CV

    Cons

    No humanistic approach to managing people, often feel like a number on a spreadsheet. Too much hierarchy and bureaucracy. Also internship does not increase your chances of securing a role in the organisation.


  10. "First experience"

    StarStarStarStarStar
    Current Employee - Quantitative Risk Analyst in Zürich (Switzerland)
    Current Employee - Quantitative Risk Analyst in Zürich (Switzerland)

    I have been working at UBS (More than 3 years)

    Pros

    Salary, international working place, recognition

    Cons

    Bureaucratie, cutting plan, politic game


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