UBS backtracking on Hybrid work

Someone let Ralph Halmers know his public announcement that "hybrid work is here to stay" has been shut down as of today firm wide(official internal announcement went around).

Unspoken agreement is many juniors settled with UBS because we weren't like banks like GS who abuse their employees and crack the whip about being in office.  Now, I'm not so sure what the value proposition is to stay here....







 

sent firm wide email

i honestly want to to quit now.   the backtracking and lies about hybrid work being here to stay are what bother me the most.

i get pinged about semi remote jobs all the time.

 
Funniest
Analyst 3+ in IB - Cov 

Unspoken agreement is many juniors settled with UBS because we weren't like banks like GS who abuse their employees and crack the whip about being in office.

LMAO good one

 

I predict the friday WFH option to go away as well.  they have no credibility on keeping their word.

 

Eh it’s definitely possible during the run we had, people were trading up a very wide range. Kind of moot but this is believable to me. I was at a “lower tier BB” at the time and was not answering recruiters at any “top BBs” that didn’t have WFH option. 

 
Most Helpful

Sequi placeat laborum quaerat dolore cum vel. Non delectus iusto fuga ut.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”