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UBS: raises salaries for employees

Zurich Media Releases Switzerland

UBS will increase the salaries for its employees in Switzerland, up to and including middle management, by an aggregate of 1.0%.

Zurich, 27 November 2017 – As of 1 March 2018, UBS will increase salaries for employees in Switzerland up to and including middle management by an aggregate of 1.0%. The specific individual salary adjustments will be based on market, function and individual performance.

This overall result is the outcome of negotiations between employer and UBS employee delegations.

Salary negotiations concerning all UBS employees in Switzerland who are covered by the Agreement on Conditions of Employment for Bank Staff (ACEBS) are conducted at the end of every year.

UBS Group AG

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