• 21 Apr 2011 at 5:09 PM

Compensation Watch ’11: UBS Raises Base Pay

By

Exciting news for second year associates up through directors.

“2nd year associates up to directors all got raises today. 2nd year associates went from 130 to 140; 3rd year associates from 140 to 160.”

Those are all the numbers we have for now; if you got a bump, feel free to share with the group.

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Comments (20)

  1. 1
    Posted by Guest | April 21, 2011 at 9:19 PM

    See. UBS doesn’t suck.

  2. 2
    Posted by Koolaidisfun | April 21, 2011 at 9:42 PM

    It swallows.

  3. 3
    Posted by HR Dept | April 21, 2011 at 10:08 PM

    Bonuses will be paid in Nazi Gold !!

  4. 4
    Posted by Anonymous | April 21, 2011 at 10:12 PM

    “If you got a bump, feel free to share with the group”? Brilliant title. My memoir will sell like hotcakes.

    L. Kudlow

  5. 5
    Posted by Imaguest | April 21, 2011 at 10:21 PM

    UBS sucks only sligtly less today

  6. 6
    Posted by Guesty Guest | April 21, 2011 at 10:29 PM

    130K in NYC = 55K in Houston or St Louis.

    UBS Sucks Metropolitan Style!

  7. 7
    Posted by Confucius | April 21, 2011 at 10:44 PM

    I’m pretty sure those aren’t mutually exclusive

  8. 8
    Posted by Anonymous | April 21, 2011 at 11:07 PM

    UBS sucks Donkey Dick

  9. 9
    Posted by Asdf | April 22, 2011 at 12:12 AM

    what kind of increases?

  10. 10
    Posted by Guest | April 22, 2011 at 12:30 AM

    Unless that’s paid in CoCos, taxi chits, or vested stock.

  11. 11
    Posted by C. Watt Ididthere | April 22, 2011 at 1:25 PM

    UBS Sucks….At Paying Less Base Salary Than Competitors!

  12. 12
    Posted by S_Dixon | April 22, 2011 at 5:50 PM

    Dear Bess, the raises are because several MD’s and ED’s quit every day since April 1 and guarantees are not approved by Karsten so IBD+ is trying to pay off which is fine until I find another job

  13. 13
    Posted by Def_Tax2013 | April 22, 2011 at 7:00 PM

    What are the base step-ups for the other banks? (BofA, MS, Perella?)

  14. 14
    Posted by buysyde | April 23, 2011 at 5:39 PM

    UBS salary policy: Wages are indexed to core inflation CPI.

  15. 15
    Posted by Fuckubs | April 24, 2011 at 5:07 PM

    this only in IB? Sure didn’t happen in sales & trading…

  16. 16
    Posted by Guest | April 25, 2011 at 1:25 PM

    Other banks didn’t get raises. This is just at UBS.

  17. 17
    Posted by Guest | April 25, 2011 at 1:26 PM

    LOL Perella.

  18. 18
    Posted by Booger | April 25, 2011 at 2:02 PM

    Yup, only on the IBD – nothing for the rest of the group.

  19. 19
    Posted by Can't spell Cubs without UBS | April 25, 2011 at 2:04 PM

    Only problem here is that it’s a 2-year contract.

    Reading the fine print…

  20. 20
    Posted by JBEV | April 25, 2011 at 2:30 PM

    how much is that in Spirit Points?

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