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
Jul 9, 2008
Recommend
CEO approval
Business Outlook

Pros

Still a high profile brand employer. Solid technology and some very bright people. It's a solid organization to learn your craft. Though all of this is becoming increasingly worse.

Cons

It was a premier house in Moscow. Not anymore. There is little flexibility in the organization. Relationships are increasingly political. No freedom to make decisions for anyone below Director level. London and Zurch dictate everything, even though they don't understand the local market. Local management is powerless. Everyone is increasingly concerned only about their own functional and personal well being. No unity. No drive towards overall success. Considerable push towards uniformity. It used to be very entrepreneureal. Now, if you don't fit the mold you'll either be broken down or pushed out.

2.0
Jul 7, 2008
Recommend
CEO approval
Business Outlook

Pros

Obtain good experience working in the financial industry from a company that is very well known. Ability to work from home if need to and company has very good benefits.

Cons

Salary and communication between management is terrible. Company is very secretive with openings, they annouce a new position but with someone already hired in it.

2.0
Jul 6, 2008
Recommend
CEO approval
Business Outlook

Pros

The pay and benefits are in-line with other major I-Banks, if not toward the top. UBS is trying to rival Goldman Sachs in the research department lately with their "focus" lists and the added amount of coverage the sales team is trying pushing for. This is a plus for those wanted to gain some exposure as a Financial Analyst because there has been a bit of shuffling around, leaving open a multitude of opportunities with a seemingly popular field within the company. As far as segments go within the bank, Research is the most heralded (outside of global banking) and worth the edge over comparable banks.

Cons

There seems to be a "stuffy" attitude about the bank, which might possibly be passed on down from their European heritage and simultaneous pride. Such pride may also cloud judgment and proper assessment when needed. Take for instance the recent slide in credit exposures. During the summer of 2007, even upper level management truly believed UBS was on the right side of the market and that the company had little to no exposure to any such risky assets and/or credit. Nearly 40 billion in write-downs later, some members of management are wishing they hadn't spent their bonuses on "cheap" stock throughout the summer. This sort of blindness within the company, in addition to lethargic moves to remain competitive, provide ample reason to become skidding about the company and its direction going forward.

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