UBS Plans Referral Targets for Swiss Staff, Handelszeitung Says

UBS AG will set targets for employees on referrals between different divisions in Switzerland from next year, Lukas Gaehwiler, who heads business in the country, told Handelszeitung in an interview.

While 75 percent of the performance-related compensation of a regional head will depend on reaching their own targets, the rest will hinge on the volume of referrals, Gaehwiler told the newspaper.

To contact the reporter on this story: Elena Logutenkova in Zurich at

To contact the editor responsible for this story: Frank Connelly at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.