Provided by Dow Jones
Jan 26, 2021 6:00 AM UTC Recognizing the additional pressure placed on employees by shuttered workplaces and schools, restricted activities and varying degrees of lockdown, we introduced a range of measures throughout 2020 to help employees adapt. For example, we offered extra flexibility to care for children and introduced a variety of tools and resources to support employees physical, mental, financial and social well-being. As a sign of appreciation for their contribution throughout this challenging year, and acknowledging that the pandemic may have resulted in unforeseen expenses, the Group Executive Board awarded UBS s employees at less senior ranks a one-time cash payment equivalent to one week s salary.