Women are transforming the world and becoming a force for economic change. For example:
- Women could add USD12 trillion to the global economy in the next decade. Their wealth is growing faster than men’s.*
- Almost half (47%) express their social, political or environmental values through their investment decisions (vs 39% of men).**
Women across UBS are challenging, reinventing and innovating – and inspiring others to do the same. We're committed to gender equity in our businesses, our company and our communities.
UK Women in Finance Charter
UBS is proud to be a signatory of the UK government's Women in Finance Charter.
UBS is committed to hiring, retaining and promoting more women at all levels across the firm, and this is reflected directly in our strategic plan to "hire more, promote more and lose less" women, focusing particularly at our senior levels. In our 2015 Group Annual Report we first publically committed to increasing the ratio of women in management roles, and since then UBS continues to focus on this aspiration globally. UBS has embedded management accountability for supporting this goal and continues to develop career support, HR processes and technology solutions to help better attract, develop and retain women at all stages of their careers.
We believe passionately in creating change in the right way and this is part of a broader cultural transformation agenda at UBS. At the current rate of progress we are on track to achieve a representation of 27% senior women in the UK by December 2020.
Below are some examples of what we are doing. Additional UK initiatives are detailed in our Gender Pay Gap report (here).
What our Group CEO says
We embrace diversity from the top of our organization
Each UK business leader is accountable for their divisional progress, supported by divisional diversity and inclusion councils. A Group Diversity and Inclusion Council shares best practices with the firm's business leaders and is accountable for UBS's overall diversity and inclusion strategy.
Diverse candidate shortlist
Qualified women are shortlisted and interviewed for the majority of our senior roles, and it's bearing fruit: the number of women hired in our UK business has increased by 37% in the last three years.
The gender balance of our UK graduate recruitment programs was 55% women in 2017, up from 38% in 2015. We aim to maintain a 50% gender balance in our UK junior talent programs.
We launched our Career Comeback program in the UK in 2017. Already running in the US and Switzerland since 2016, it's aimed at people who want to return to work after a career break of two or more years. They're matched to permanent roles in all regions, supported with classroom learning, mentoring and coaching. Read more.
Gender Pay Gap
Our Gender Pay Gap report in the UK includes a number of initiatives which demonstrate our strong support for women's career progression at UBS. Read more.
100 Women in Finance platinum member
In 2017, UBS became a global member of 100 Women in Finance. Through engagement, philanthropic and educational initiatives, its 15,000 members connect and create opportunities to advance careers and strengthen our field.
We want to be a great place to build a career. We promote career growth and mobility across teams, businesses and regions. We also train managers to be more effective leaders and to develop and share talent. Both are helping us keep great talent (both women and men) at all career stages.
All Bar None networks
UBS's global women's networks (with networking, mentoring and leadership opportunities) are open to all employees. One of our largest network-sponsored events is an annual International Women's Day celebration.