Bonus Watch ’15: UBS Wealth Management

This year, UBS will take the guess work out of knowing your worth.

Author:: Jon Shazar
Updated:: Jul 2, 2019
Original:: Dec 21, 2015

Want one of these? Get better at your job. Or get really good at golf.

If you see a little bump in pay this year, congratulations. If you don’t, well, know your place.

“The primary thing we looked at is remaining competitive and retaining our top talent,” Jason Chandler, head of UBS’s wealth-management adviser group for the eastern U.S., said in an interview. “The key to our success now and in the future is retaining our top talent and best teams.”

More Brokerages Make Broker Happiness a Priority [WSJ]

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And it wasn't just one of those giant Toblerone bars.

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Numbers for first and second year analysts (who are not happy). "It's been two weeks since UBS numbers came out and nobody wants to talk about it, for obvious reasons. Second years (base: 80k) ranging 45-65k and heard of some first years getting around 40k (base: 70k). And they could only achieve these numbers ("in line with the street") after firing 30+ analysts right before communication day."