UBS reviews

3.7

72% would recommend to a friend

(14,550 total reviews)
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Sergio P. Ermotti

84% approve of CEO

62% positive business outlook

UBS has an employee rating of 3.7 out of 5 stars, based on 14,550 company reviews on Glassdoor which indicates that most employees have a good working experience there. The UBS employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

Reviews by job title

15K reviews
3.0
Jan 30, 2015
Recommend
CEO approval
Business Outlook

Pros

Flexible work schedule People don't kill themselves with work, slow motion operation. Decent worker bees wanting to do good work and trying to do the right things.

Cons

Too much managing up the ladder Constant mgmt reorganization, most projects could be labeled "mgmt recycling programs" Poor communication to staff Annual employee survey (Pulse) results get worse every year. They resort to begging people to complete them. Employee morale at all time low. All the good people have left. Incompetent upper managers: Peter Principle exemplified. Annual job reviews are a joke. Forced rankings: you are forced to put people in the "needs improvement" category regardless of whether they deserve it. Those poor souls get $0 bonus, $0 raises and or fired. Project planning/funding process is hopelessly broken. Over outsourced, 70+% of IT is gone and along with them is all their knowledge of how things get done. The result is that everything takes forever to get done. Constant media attention on illegal activities and huge fines, never ending. Your friends will say: "why do you still work there?" Benefit plans get worse every year, less benefits for more money. Less contribution to employee retirement accounts. Reduction in severance packages, indicative of headcount reduction plans. Moving jobs to "low cost" areas (Nashville) comes with 20% salary decrease and no re-location expense help.

4.0
Nov 5, 2014

Great people.

Recommend
CEO approval
Business Outlook

Pros

UBS has some of the best people in the industry. They should remember that people make the firm and make sure they value their employees. The opportunities are immense and people can move up easily. Work life balance is very good, depending on the group (and boss).

Cons

High turnover and average pay. The trend of staying at one job for 20+ years is a thing of the past and the firm is impacted by these movements. Compensation would be better.

1.0
Jan 21, 2013
Recommend
CEO approval
Business Outlook

Pros

+ Global group + Good Swiss Bank (Retail + Corporate) and decent Wealth Management business (for now)

Cons

- Horrible corporate culture and ambiance, in particular in management-related functions - Shrinking / sinking ship, with tons of legacy issues impacting current employees - High bureaucracy - Few bright people, overshadowed by tons of sinister individuals - Very hierarchical and non-meritocratic (incl. salaries)

Viewing 55 - 57 of 14,550 Reviews

Glassdoor has 19,419 UBS reviews submitted anonymously by UBS employees. Read employee reviews and ratings on Glassdoor to decide if UBS is right for you.