Home > News > Stock News > Detail
Bookmark and Share

UBS overhauls pay policy for 10,000 employees: Financial Times

2019-02-11 03:48    Investing

UBS overhauls pay policy for 10,000 employees: Financial Times Stock News

© Reuters. FILE PHOTO: Logo of Swiss bank UBS is seen in Zurich

(Reuters) - UBS AG (S:UBSG) has overhauled its pay policy for 10,000 staff in an attempt to reduce uncertainty about bonuses and cut the amount of time managers spend on allocating them, the Financial Times reported on Sunday.

Employees working in the Swiss bank's "corporate center", which includes human resources, marketing and communications, will no longer receive variable bonuses, the FT said.

UBS was not immediately available for comment.

0 traders reviewed this item, please leave a reply!

About FXYEAH | Broker Listing | Contribute | Contact Us | Sitemap | TagCloud
Disclaimer: All contents of site are only for your reference, don't suggest you do any investment decision, you should be responsible for your decision.