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UBS: 2020 Net Profit of USD 6.6bn, 17.6% Return -3-


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. ....

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