Hey folks, I am close to become an UBS employee (have just a last interview). If you work there, can you disclose your favorite employee benefits you get there? Lunch discount? Mobile plans? Discount in mortgages? Discounts in brokerage account?
Thank you so much in advance,
From what I heard on this forum, the pillar 2 returns seem like one of the best you can get.
Discounts in brokerage account… more the opposite, I understand. As CH employee you are asked to keep all your stock investments with the UBS broker. The use of no other broker is allowed. And afaik the UBS fees still exceed those of other known brokers in spite of benefiting of employee conditions.
UBS employees are paying CHF 35 per trade, fixed number (instead CHF 70).
But their pension fund is really a huge benefit.
How about asking these questions to your contact person from the interview or directly in the interview? 
correct, but the future returns are uncertain given the upcoming merger of the Credit Suisse pension fund. Also, employees can choose their % contribution and the conditions for disability and death are very favorable. Big benefit few people realize.
Correct, need to use UBS own ebanking app for trading and paying very high fees. 
Other noteable benefits:
Is it about the interest on 2a or the plan itself where employer contribution is much better than average employer in CH ?
both
Which will not happen before 2027 I understand. Former CS employees will have to wait for three years before benefiting from UBS pension fund conditions.
Although that said the CS pension fund is still better than many other pension funds. But still significantly worse compared to the UBS one wrt interest rate and employer contributions.
I thought they would offer better conditions on mortgage rates for employees 0.4% margin on SARON is rather high considering a good mortgage application can get between 0.4% and 0.5% margin nowadays. One of my clients is doing 0.2% margin for employees, that’s a real benefit ^^.
Thank you Kane and folks! Super useful anwsers!
the plan itself where employer contribution is much better than average employer in CH ?
How much better is this contribution compared with the average employer in CH, does it really make a difference?
I don’t know about the average contributions, but here are the BVG minimums. It starts to add up after 34 and especially if you opt for higher employee contributions.
| Age | BVG | UBS |
|---|---|---|
| 20-24 | 0% | 6.5% |
| 25-34 | 7% | 6.5% |
| 35-44 | 10% | 13.5% |
| 45-54 | 15% | 20.5% |
| 55-65 | 18% | 27.5% |
My recommendation would be to think about it as a total compensation. Some employers have higher base salaries and lower 2a contributions. Some have higher 2a contributions and some have best of both worlds 
In the end , what matters is
200 K salary + 20 K 2a employer contribution
210 K salary + 10 K 2a employer contribution
Which one is better for employee depends on their marginal tax rate, investment strategy and long term plans.
And I assume that the contribution is over the entire salary, not just the mandatory part (88k).
Average in Switzerland is ~10%.
Nice!
Some reinsurance companies have it even higher than that.
Thanks guys! just one question: I see that Saron is currently hovering around those values:
|Saron 1 month from *|1.80 %|
|Saron 3 months from *|1.86 %|
|Saron 6 months from *|1.86 %|
So are you saying the I would get a Saron of 0.4%? that sounds too good to be true or i am missing something?
that would make me even consider buying an house 
Saron + Margin (the 0.4% you are refering to)
UBS is not a charity you know 
Saron rate is around 1.2 these days and you need to add the bank margin 0.4 or whatever it is to get the final rate, 1.6 with 0.4 margin for instance.