UBS offers sabbatical perk to former Credit Suisse staff only

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UK Credit Sweys Employees who were transferred to UBS while two banks collectively highlighted the discrimination in terms of employees’ benefits than their colleagues are still compared to their colleagues. About two years after UBS Rescue MargarThe

According to people familiar with details, some UK workers who had previously worked for credit swiss could take up to three months salary subtographic, which is an advantage provided by their ex -employer that is not UBS.

Under this project, former Credit Swiss workers can request for additional holidays every five years. The employees were paid their full salary in the first month, which came down to 5 percent in the second month and in third place to 605 percent, the people said.

After the legal attachment of the two banks last year, some former Credit Sue employees in the UK are in their main agreement, which means they have been entitled to the benefits provided by their former employer.

With the conservation of the Subbatics of the Credit Suis-era, the two-year-old three-year integration has created some differences in the facilities provided by the staff in this group.

Banks have used subbautical holidays to try to reduce the burnout and hold the burnout, especially during the epidemic when the staff was pressured to improve the career balance.

However, big investment banks have begun to return to parks with ND In recent weeks JP Morgan Chase and Berkless demanded the presence of more regular officeThe

The UBS 2023 has been in the job cuts with 10,000 roles since the Techover.

By the end of last year, it was about 109,000, but executives were targeting a headcount of 85,000 at the end of the integration process in 2026. The Financial Times has previously stated that the decrease will decrease.

UBS officials once feared the challenges of consolidating credit swice staff, which is why its former rival was much more interested in receiving risky clients.

After Techover, UBS Chairman Kalam Kelhir said that the bank was concerned about “cultural pollution”, adding and adding it would be an incredibly higher time for “we bring us to UBS”.

UBS said: “When UBS and ex [Credit Suisse] Employee Benefits Packages vary in certain aspects, both are attractive and competitive with market conditions ””

It added: “By transferring to the UBS Agreement, UBS employee facilities usually apply. All employees are informed about their advantage and the way forward.”