December 4, 2018 / 9:05 AM / 7 days ago

BRIEF-UBS Announces Pay Rise Of 1 Pct In Switzerland

Dec 4 (Reuters) - UBS Group AG:

* AS OF 1 MARCH 2019, UBS WILL INCREASE SALARIES FOR EMPLOYEES IN SWITZERLAND UP TO AND INCLUDING MIDDLE MANAGEMENT BY AN AGGREGATE OF 1.0%

* SPECIFIC INDIVIDUAL SALARY ADJUSTMENTS WILL BE BASED ON MARKET, FUNCTION AND INDIVIDUAL PERFORMANCE Further company coverage: (Reporting by Berlin Speed Desk)

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