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UBS Named a 2008 Working Mother 100 Best Company by Working Mother Magazine
UBS announced today that it has been named to Working Mother magazine's "100 Best Companies for Working Mothers." This is the sixth year in a row UBS has made the top 100 list.
"Being named to the Working Mother list of the 100 Best Companies for Working Mothers in the US for the sixth consecutive year in a row is a great achievement," said Mona Lau, Group Head of Diversity and Campus Recruiting. "It is easy for companies to do the right thing in good times. The test comes during challenging times. UBS's commitment to Diversity - and to our working mothers - is standing firm."
UBS was recognized for policies and programs that meet the needs of working mothers and their families, including competitive parental leave, assistance with childcare and providing employees with flexibility. In addition, UBS provides managers with tools and information to help them manage employees on flex.
Many new UBS moms in the last couple of years have pointed to several benefits or programs that have helped them care for themselves, their families and their careers:
Two Paid Family Care days, introduced this year, which can be taken in addition to regular vacation, personal and sick days if, for example, your child is unwell or your spouse or elderly parent needs a medical procedure.
The availability of flexible work arrangements and UBS's efforts to raise awareness about flexible work through the launch in September 2007 of the Diversity Minute on Flexibility, a flash-based, multimedia communication that profiles two employees who work flexibly.
A growing focus on helping employees manage stress, including the offering of several programs such as "Dealing with Pressure at Work," "Healthy Eating, Healthy Minds," and "Maintaining a Healthy Lifestyle."
In addition, our grass-roots employee networks are flourishing at UBS and, increasingly, they are partnering with Human Resources to deliver programs geared toward helping employees manage the multiple roles they play in both their home and work lives. Of more than 20 such networks globally, six are located in the US: All Bar None, Cultural Awareness Network, PRIDE, LEAD (for employees of African descent), MOSAIC (for Blacks, Hispanics & Asians) and the Working Parents Group.
The Firm also has a variety of programs and employee networks globally such as the Maternity Support Programme and FamilyMatters in the UK and Mama Connect in Japan.
UBS is one of the world's leading financial firms, serving a discerning international client base. UBS is a leading global wealth manager, a leading global investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking.
UBS is present in all major financial centers worldwide. It has offices in over 50 countries, with about 37% of its employees working in the Americas, 34% in Switzerland, 16% in the rest of Europe and 13% in Asia Pacific. UBS employs more than 80,000 people around the world. Its shares are listed on the SWX Swiss Exchange (SWX), the New York Stock Exchange (NYSE) and the Tokyo Stock Exchange (TSE).
Allison Chin 212-882-5693
New York , September 23, 2008