Companies today are more internationally connected than ever. So it's important that your equity compensation plan provider highlights services that are specially designed for multinational businesses and global participants.
UBS Corporate Employee Financial Services® (CEFSSM) offers unmatched global resources to help you simplify and organize plan administration for your company. We provide services to meet all needs, such as:
- Establishing exercise options based on location, subsidiary or country code
- International tax withholding,* including country-specific statutory rate withholding, individual tax rate withholding and corporate payroll withholding
- Web-based administration
- Workflow reporting by location
- Flexible payroll and funds transfer processing, including wiring of option costs and taxes to separate locations, and currency conversion
UBS One Source, the online resource for your participants, offers information and digital transaction services in English, French, Spanish, German, Japanese, Russian and simplified Chinese. This way, non-English speaking employees have the ability to transact shares through our Internet application as easily as English- speaking employees.
In addition, call centers feature Customer Service Representatives who provide individual support in several languages. If a plan participant’s language is not supported by UBS One Source or one of our CSRs, we will access a third-party interpreter service. Live translation is available in more than 145 different languages. We also provide extended call service center hours from 3:00 a.m. until 11:00 p.m. EST to accommodate your participants’ needs across multiple time zones.
Using UBS One Source, you may also develop customized translations for your non-U.S. participants that parallel your English versions. Participant communications may include informational brochures, plan procedures and any other document you choose.
When it comes to distributions or cash proceeds from participant accounts, they can be automatically exchanged in more than 30 currencies at institutional daily spot rates, with no charge for international wire transfers. We can customize certain plan features-such as stock option exercise and distributions methods-to help you meet regulations in your participants’ home countries. And in countries where individuals are not permitted to hold stock, our QUICKSaleSM service can implement sales as block trades.
To understand more about how we can execute services globally for your participants and your international offices, connect with us today. Connect with a CEFS representative at 866-706-2727 (Monday - Friday, 9:00 a.m. to 5:00 p.m. ET) or e-mail us at CEFS@ubs.com with your name, title, company and contact information.
Corporate Employee Financial Services is a registered service mark, and CEFS is a service mark, of UBS Financial Services Inc.