Go Back   English Forum Switzerland > Help & tips > Employment
Reply
 
Thread Tools Display Modes
  #1  
Old 04.09.2010, 00:11
Newbie 1st class
 
Join Date: Sep 2010
Location: zurich
Posts: 12
Groaned at 0 Times in 0 Posts
Thanked 3 Times in 2 Posts
dodoGB has no particular reputation at present
UBS Salary & Benefits

Hello All ,
I have my HR interview next week at UBS. I have 15 years of IT experience and this role is within IT Risk/Security Managment department based in Zurich. Please can i get some advice regarding what salary package should i ask for ? I am currently based in France and earn 106K Euro + 20% Bonus .

Also , Do you know what other benefits UBS offers ?

Many thanks ,
Reply With Quote
  #2  
Old 04.09.2010, 00:17
swissbob
Guest
 
Posts: n/a
Blog Entries: 8
Re: UBS Salary & Benefits

Quote:
View Post
Hello All ,
I have my HR interview next week at UBS. I have 15 years of IT experience and this role is within IT Risk/Security Managment department based in Zurich. Please can i get some advice regarding what salary package should i ask for ?
Twelvty ?

Quote:
View Post
Also , Do you know what other benefits UBS offers ?
Being fired at the first sign of a profit forecast shortfall ?
Reply With Quote
This user would like to thank for this useful post:
  #3  
Old 04.09.2010, 00:17
Meisie's Avatar
Forum Veteran
 
Join Date: May 2010
Location: Amriswil - Thurgau
Posts: 1,694
Groaned at 3 Times in 3 Posts
Thanked 1,262 Times in 584 Posts
Meisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond repute
Re: UBS Salary & Benefits

Hello dodoGB. Welcome to the forum. Do you perhaps know what rank the position is for? This will give me a better indication as to what salary you may expect as well as any perks offered. To be honest, many of the perks were done away with when the financial crisis hit so there are not really many to speak of at present. Basically, no perks really exist under the director level.
Reply With Quote
  #4  
Old 04.09.2010, 00:18
gbn's Avatar
gbn gbn is offline
Forum Veteran
 
Join Date: Dec 2005
Location: Zollikon
Posts: 2,392
Groaned at 82 Times in 59 Posts
Thanked 1,721 Times in 845 Posts
gbn has a reputation beyond reputegbn has a reputation beyond reputegbn has a reputation beyond reputegbn has a reputation beyond reputegbn has a reputation beyond repute
Re: UBS Salary & Benefits

You're a manager on 130k euro+ and know neither your own worth nor how to research this in other ways?

If you think I'm rude, wait till the others come back from the pub...

I'd ask for pallet of brown sugar and a freezer full of bacon. You can barter it here on EF
Reply With Quote
The following 4 users would like to thank gbn for this useful post:
  #5  
Old 04.09.2010, 00:20
Newbie 1st class
 
Join Date: Sep 2010
Location: zurich
Posts: 12
Groaned at 0 Times in 0 Posts
Thanked 3 Times in 2 Posts
dodoGB has no particular reputation at present
Re: UBS Salary & Benefits

Quote:
View Post
Hello dodoGB. Welcome to the forum. Do you perhaps know what rank the position is for? This will give me a better indication as to what salary you may expect as well as any perks offered. To be honest, many of the perks were done away with when the financial crisis hit so there are not really many to speak of at the present. Basically, no perks really exist under the director level.
thanks for the quick reply . Its a director level position
Reply With Quote
  #6  
Old 04.09.2010, 00:21
gbn's Avatar
gbn gbn is offline
Forum Veteran
 
Join Date: Dec 2005
Location: Zollikon
Posts: 2,392
Groaned at 82 Times in 59 Posts
Thanked 1,721 Times in 845 Posts
gbn has a reputation beyond reputegbn has a reputation beyond reputegbn has a reputation beyond reputegbn has a reputation beyond reputegbn has a reputation beyond repute
Re: UBS Salary & Benefits

Quote:
View Post
thanks for the quick reply . Its a director level position
Even worse.
Reply With Quote
  #7  
Old 04.09.2010, 00:28
Meisie's Avatar
Forum Veteran
 
Join Date: May 2010
Location: Amriswil - Thurgau
Posts: 1,694
Groaned at 3 Times in 3 Posts
Thanked 1,262 Times in 584 Posts
Meisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond repute
Re: UBS Salary & Benefits

Quote:
View Post
thanks for the quick reply . Its a director level position
You're welcome.
So at director level, you will get a monthly lump sum of about CHF 700 on top of your salary that is. That's about it really. The car allowance, lunch allowance and family allowance were done away with . Which business group is the role within? IB or wealth management?

Last edited by Meisie; 04.09.2010 at 00:39. Reason: On top of your salary
Reply With Quote
  #8  
Old 04.09.2010, 00:28
AnAustralian's Avatar
Forum Veteran
 
Join Date: Apr 2007
Location: Zurich, Switzerland
Posts: 1,209
Groaned at 6 Times in 4 Posts
Thanked 560 Times in 318 Posts
Blog Entries: 3
AnAustralian is considered knowledgeableAnAustralian is considered knowledgeableAnAustralian is considered knowledgeable
Re: UBS Salary & Benefits

Might explain why the dodo became extinct. Sorry, couldnt resist.
Reply With Quote
  #9  
Old 04.09.2010, 00:32
gbn's Avatar
gbn gbn is offline
Forum Veteran
 
Join Date: Dec 2005
Location: Zollikon
Posts: 2,392
Groaned at 82 Times in 59 Posts
Thanked 1,721 Times in 845 Posts
gbn has a reputation beyond reputegbn has a reputation beyond reputegbn has a reputation beyond reputegbn has a reputation beyond reputegbn has a reputation beyond repute
Re: UBS Salary & Benefits

http://www.globalrichlist.com/
Reply With Quote
  #10  
Old 04.09.2010, 01:00
eyebeebe's Avatar
Forum Veteran
 
Join Date: May 2009
Location: Pfäffikon SZ
Posts: 1,361
Groaned at 13 Times in 12 Posts
Thanked 1,334 Times in 637 Posts
eyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond repute
Re: UBS Salary & Benefits

My guess would be total comp around CHF 220k. Base salary starting at 150k, more depending on your negotiation skills. Bonus 30-40%. Add on the 8.4k t&e allowance (tax free). You're not in the strongest negotiating position given the weakness of the Euro. Sounds like you are on a good deal in France, assuming you are permanent. You might be better off financially by staying there.
Reply With Quote
  #11  
Old 04.09.2010, 01:02
Meisie's Avatar
Forum Veteran
 
Join Date: May 2010
Location: Amriswil - Thurgau
Posts: 1,694
Groaned at 3 Times in 3 Posts
Thanked 1,262 Times in 584 Posts
Meisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond repute
Re: UBS Salary & Benefits

Quote:
View Post
My guess would be total comp around CHF 220k. Base salary starting at 150k, more depending on your negotiation skills. Bonus 30-40%. Add on the 8.4k t&e allowance (tax free). You're not in the strongest negotiating position given the weakness of the Euro. Sounds like you are on a good deal in France, assuming you are permanent. You might be better off financially by staying there.
I assume you're referring to IB..
Reply With Quote
  #12  
Old 04.09.2010, 01:04
Corbets's Avatar
Forum Legend
 
Join Date: Mar 2007
Location: Zug, CH
Posts: 3,180
Groaned at 167 Times in 122 Posts
Thanked 6,285 Times in 2,119 Posts
Corbets has a reputation beyond reputeCorbets has a reputation beyond reputeCorbets has a reputation beyond reputeCorbets has a reputation beyond reputeCorbets has a reputation beyond reputeCorbets has a reputation beyond repute
Re: UBS Salary & Benefits

Quote:
View Post
Hello All ,
I have my HR interview next week at UBS. I have 15 years of IT experience and this role is within IT Risk/Security Managment department based in Zurich. Please can i get some advice regarding what salary package should i ask for ? I am currently based in France and earn 106K Euro + 20% Bonus .
Well, I guess that depends on whether any of the EFers work in HR at UBS. If so, you can ask for about 107K Euro now....
Reply With Quote
This user would like to thank Corbets for this useful post:
  #13  
Old 04.09.2010, 01:16
eyebeebe's Avatar
Forum Veteran
 
Join Date: May 2009
Location: Pfäffikon SZ
Posts: 1,361
Groaned at 13 Times in 12 Posts
Thanked 1,334 Times in 637 Posts
eyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond repute
Re: UBS Salary & Benefits

Quote:
View Post
I assume you're referring to IB..
Isn't IT a corporate centre at UBS now? Ie neither WM or IB.
Reply With Quote
  #14  
Old 04.09.2010, 08:24
Meisie's Avatar
Forum Veteran
 
Join Date: May 2010
Location: Amriswil - Thurgau
Posts: 1,694
Groaned at 3 Times in 3 Posts
Thanked 1,262 Times in 584 Posts
Meisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond reputeMeisie has a reputation beyond repute
Re: UBS Salary & Benefits

Nope, each have different standards and policies.
Reply With Quote
  #15  
Old 04.09.2010, 08:38
OBone's Avatar
Senior Member
 
Join Date: Dec 2008
Location: Aeugst Am Albis
Posts: 460
Groaned at 19 Times in 8 Posts
Thanked 260 Times in 107 Posts
OBone is considered knowledgeableOBone is considered knowledgeableOBone is considered knowledgeable
Re: UBS Salary & Benefits

Quote:
View Post
thanks for the quick reply . Its a director level position
So at director level with 15 years in the industry you don't know your rate? I think you need to get asking internally PDQ
Reply With Quote
  #16  
Old 04.09.2010, 09:09
NotAllThere's Avatar
Forum Legend
 
Join Date: Oct 2008
Location: Baselland
Posts: 9,856
Groaned at 149 Times in 131 Posts
Thanked 13,746 Times in 5,582 Posts
NotAllThere has a reputation beyond reputeNotAllThere has a reputation beyond reputeNotAllThere has a reputation beyond reputeNotAllThere has a reputation beyond reputeNotAllThere has a reputation beyond reputeNotAllThere has a reputation beyond repute
Re: UBS Salary & Benefits

Well, I'd base it on the historical exchange rate, multiply by about ~1.65. TBH, I thought bank directors were paid in the squillions.

To everyone else - it's not actually that surprising that someone in management - even in IT - can't work this stuff out for themselves. To get into management and succeed, you need to know how to handle people and have political skills. Being smart in other ways is almost a hindrance. You really need to get beyond the idea that those higher up in an organisation are some how really clever and skilled. They're not. It takes a combination of luck, brown-nosing, and networking to get to the top. On occasion, someone who is clever does make it. But it's quite rare.

Remember the old adage. To win the rat race, you have to be a rat.
__________________
Witty, pithy remark pending.
Reply With Quote
The following 5 users would like to thank NotAllThere for this useful post:
  #17  
Old 04.09.2010, 11:46
jako's Avatar
Forum Veteran
 
Join Date: Jul 2008
Location: Richterswil
Posts: 865
Groaned at 5 Times in 4 Posts
Thanked 513 Times in 283 Posts
jako has a reputation beyond reputejako has a reputation beyond reputejako has a reputation beyond reputejako has a reputation beyond repute
Re: UBS Salary & Benefits

Quote:
View Post

Remember the old adage. To win the rat race, you have to be a rat.

I thought it was a turtle

Bugger, now I now where I went wrong all those years.....
Reply With Quote
  #18  
Old 04.09.2010, 14:36
eyebeebe's Avatar
Forum Veteran
 
Join Date: May 2009
Location: Pfäffikon SZ
Posts: 1,361
Groaned at 13 Times in 12 Posts
Thanked 1,334 Times in 637 Posts
eyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond reputeeyebeebe has a reputation beyond repute
Re: UBS Salary & Benefits

Btw director at UBS isn't the same as elsewhere. It is the same place in the hierarchy as a VP at CS.
Reply With Quote
  #19  
Old 04.09.2010, 14:53
Forum Legend
 
Join Date: Sep 2006
Location: Albisrieden
Posts: 4,250
Groaned at 98 Times in 67 Posts
Thanked 6,092 Times in 2,273 Posts
nickatbasel has a reputation beyond reputenickatbasel has a reputation beyond reputenickatbasel has a reputation beyond reputenickatbasel has a reputation beyond reputenickatbasel has a reputation beyond reputenickatbasel has a reputation beyond repute
Re: UBS Salary & Benefits

Quote:
View Post
I thought bank directors were paid in the squillions.
In this case "Director" is a middle-management grade title. Basically you are two steps above the person who makes the tea.

As you state, middle management grades are hardly a measure of skill or competence.

Cheers,
Nick
Reply With Quote
  #20  
Old 04.09.2010, 15:26
OBone's Avatar
Senior Member
 
Join Date: Dec 2008
Location: Aeugst Am Albis
Posts: 460
Groaned at 19 Times in 8 Posts
Thanked 260 Times in 107 Posts
OBone is considered knowledgeableOBone is considered knowledgeableOBone is considered knowledgeable
Re: UBS Salary & Benefits

Quote:
View Post
In this case "Director" is a middle-management grade title. Basically you are two steps above the person who makes the tea.

As you state, middle management grades are hardly a measure of skill or competence.

Cheers,
Nick
And getting a good cuppa these days is not easy

in recent years climbing the corporate has got a lot harder than before and the expectation has gone up a hell of a lot. If your not delivering, you're on the fast track out the door.
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Benefits / Salary in Premier Zurich Financial Companies Captcha Employment 30 07.04.2010 01:18
Unemployment benefits & legal status after having job contract on hold for 1 year Ad_Astra Employment 0 06.10.2009 18:55
UBS & US discrimination LaurenM Complaints corner 39 15.08.2008 12:08
Salary for Mainframe & J2EE Specialist meera5krish Employment 4 26.07.2008 20:12
Setting up a GmBh & unemployment benefits ozgur Business & entrepreneur 20 10.06.2008 22:31


All times are GMT +2. The time now is 04:43.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0