UBS to Let Two-Thirds of Employees Adopt Permanent Hybrid Work

UBS is implementing a flexible work strategy to stand out among Wall Street banks. Unlike its US counterparts, UBS allows 2/3 of its workforce to work in a hybrid model, without mandating specific office days. This approach aims to attract talent seeking work-life balance post-pandemic. UBS's strategy contrasts with US banks like Goldman Sachs and JP Morgan, which require office returns. UBS aligns more with European banks like HSBC and Societe Generale, emphasizing flexibility and reduced office footprint.

What is UBS hoping to achieve by offering more flexibility to its employees?

• To reduce operational costs

• To become a more attractive employer

• To align with government regulations

• To increase office attendance

What percentage of UBS's workforce is eligible for hybrid work?

• 66%

• 33%

• 100%

• 50%

Which roles at UBS are excluded from the hybrid work model?

• Traders and bank branch staff

• IT and HR staff

• All employees are included

• Marketing and sales teams

How does UBS's approach to hybrid work compare to Goldman Sachs?

• UBS requires more office days

• UBS offers more flexibility

• Both have the same policy

• Goldman Sachs offers more flexibility

Which other banks are mentioned as offering flexible work arrangements similar to UBS?

• Morgan Stanley and Citigroup

• HSBC and Standard Chartered

• Bank of America and Wells Fargo

• Goldman Sachs and JP Morgan