UBS offers sabbatical perk to former Credit Suisse staff only

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Credit skiing employees in the UK, who have moved to UBS when two banks are combined with a paid week, unlike their partners, highlighting staff benefits. UBS Rescue Merger almost two years laterA number

Some of the British employees, who have previously worked on credit sausion, can last up to three months on a paid Saturday, the benefit offered by their former employer.

According to the scheme, previous credit Suisse employees may require additional leave every five years. During the first month, their entire salaries were paid in the first month, and the people said at 80 percent and 60 percent.

While the legal union of the two banks ended last year, some former loan surveys in the United Kingdom remained on their initial contracts, which they had the right to benefit from their former employer.

Maintenance of Credit Suisse-Era Sabbatics emphasizes a certain deviation of the benefits offered in the group in the three-year integration of two lenders.

Banks have used sabbatical vacation to try to reduce staff burning and improve maintenance, especially during the epidemic.

However, large investment banks have started to back down to Perks such as lenders such as JPMorgan Chase and Barclays require more regular office attendance in recent weeksA number

UBS is in labor cuts, have been axing 10,000 roles since 2023.

At the end of last year, it had about 109,000 labor, but at the end of the integration process, the leaders targeted at the headquarters of 85,000.

UBS Bosses once was frightened by the challenges of the integration of loan sursey employees, given that the former competitor would be much more willing to accept risky customers.

After you take the UBS Chair Colm Keller said that the bank was “worried about” cultural pollution “, adding that” an incredibly high bar. ”

UBS said: “While UBS and former [Credit Suisse] The staff benefit packages are different in a certain way, both attractive and competitive on market conditions. “

It added. “Transition to UBS contracts, UBS employee benefits will generally be applied. All employees are informed about their benefits and progress. “