Welcome to Benefits at UBS

Core benefits

Medical cover

Consumer Directed Health Plan (CDHP): Covers preventive care at 100%, includes prescription drug benefits, mental health, and substance abuse treatment.

Pension / Retirement

Offers the ability to save pre- and post-tax contributions. UBS provides up to $8,000 in matching contributions per year, plus additional retirement contributions based on eligible compensation.

Death Cover

Provides coverage at no cost, equal to 1x Benefits Base Salary (BBS), capped at $150,000 for eligible employees.

Disability Cover

Short-Term Disability (STD): Provided at no cost, based on service length.Long-Term Disability (LTD): 50% of salary up to $5,000 per month, with supplemental coverage options available.

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Health & Wellbeing

At Apple, employee well-being is prioritized through a comprehensive benefits package that promotes both physical and mental health. From subsidized gym memberships and dental coverage to mental health support and eye care, Apple ensures its employees have access to essential resources for maintaining a balanced and healthy lifestyle. These benefits reflect the company’s commitment to creating a supportive and wellness-focused work environment.

• Gym Membership: Free access to virtual fitness classes and discounted memberships for gyms, studios, virtual fitness programs, and personal trainers.
• Dental Cover: Two plan options: Cigna PPO and Cigna DHMO, covering a wide range of dental care services.
• Health Classes: Free access to virtual classes, plus discounts for gym and studio memberships and personal training.
• Health Screening: Biometric screenings and flu shots available at no cost, with options for home-based screenings.
• Mindfulness App: Free membership to Headspace, offering guided meditation and mental wellness support.
• Virtual GP: Access to Telehealth for healthcare consultations from home.
• Health and Nutrition Support: Free access to medical care advice, including second opinions and treatment plan reviews for employees and their families.
• Eye Care: The UBS Vision Plan includes annual eye exams and an allowance for glasses or contacts.
• Mental Health Support: Work/Life Assistance Program (CCA@YourService) offers confidential support for emotional well-being and mental health screenings for conditions like depression and anxiety.

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Lifestyle

• Cycle to Work: Offers a Cycle to Work program as part of their sustainability efforts, encouraging green commuting and providing tax benefits.
• Language Learning: UBS provides access to language learning programs as part of professional development and upskilling opportunities.
• Travel Insurance: Business Travel Insurance: Offered at no cost, with coverage up to 10x your Benefits Base Salary (BBS), capped at $1.25 million for eligible employees.
• Charitable Giving: UBS encourages charitable giving, offering matching contributions to employee donations to approved causes.
• Volunteering Leave: UBS employees are encouraged to participate in volunteer work, logging over 199,633 volunteer hours in 2023.

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Family

• Spouses Life Assurance: Spouse/Partner Life Insurance: Purchase coverage in increments of $25,000, up to $125,000.Dependent Life Insurance: Purchase coverage of $5,000 or $10,000.
• Spouses Critical Illness: Provides critical illness insurance for spouses, covering major health events with a payout to help manage costs.
• Assisted Reproduction Support: Coverage for egg retrieval and cryopreservation up to a $35,000 lifetime maximum. Additional support available through WINFertility and Ovia Health.
• Employee Assistance Program: Offers support and counseling, mindfulness programs, stress management, flexible working options, and a Headspace subscription.
• Maternity: Parental Leave: Up to 20 weeks of paid leave for new parents, with a Parental Leave Phase Back option for easing back into work.
• Paternity: New fathers are eligible for 20 weeks of paid leave following the birth or adoption of their child.
• Adoption Leave: Reimbursement of up to $10,000 for eligible adoption and surrogacy-related expenses.

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Finance

• Savings Plan: Health Savings Account (HSA): Opportunity to save for future healthcare expenses with pre-tax contributions and contributions from UBS, including a core contribution of up to $600 and wellness incentives of up to $800.
• Share Scheme: Equity Plus Plan: Voluntary purchase plan allowing employees to buy UBS stock and receive one additional share for every three purchased.
• Financial Wellbeing Coaching: Access to coaching for financial planning and wellbeing.
• Debt Refinancing Loans: UBS offers debt refinancing loans, allowing employees to consolidate and manage existing debts with better terms, such as lower interest rates or reduced monthly payments, supporting their financial stability.
• Legal Services: Affordable access to personal legal services through UBS.
• Travel Support: Business Travel Insurance: Provided at no cost, with coverage up to 10x Benefits Base Salary (up to $1.25 million).

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Flexible allowance

UBS offers a range of employee benefits to support learning, development, and wellbeing. Through Bright Horizons, employees and their family members receive discounted tutoring, test prep, and enrichment classes. The company encourages community involvement by providing paid leave for volunteering on environmental initiatives, as well as organizing community events. Employees have access to a comprehensive Employee Assistance Program for support and counseling, while business travel insurance is provided at no cost, ensuring coverage for work-related travel. These initiatives underscore UBS's commitment to employee growth and wellbeing.