Does Lab49 pay their employees well?

According to anonymously submitted Glassdoor reviews, Lab49 employees rate their compensation and benefits as 3.8 out of 5. Find out more about salaries and benefits at Lab49. This rating has decreased by 10% over the last 12 months.

How satisfied are employees working at Lab49?

54% of Lab49 employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Lab49 3.7 out of 5 for work life balance, 3.5 for culture and values and 3.3 for career opportunities.

What are the top reviewed jobs at Lab49?

Software Engineer (18) , Consultant (14) , Senior Software Engineer (14) , Associate (8) , Senior Consultant (6) , Software Developer (5) , Developer (4) , Senior Associate (4) , Associate Consultant (3) , Principal Consultant (3) , Product Designer (3) , Senior Java Developer (3) , Senior Product Manager (3) , Automation Engineer (2) , Engineer (2)

What are the pros of working at Lab49 according to real employee reviews?

"People are great and universally smart and helpful." ((in 31 reviews)); "Good team and employee" ((in 11 reviews)); "Also the pay is good" ((in 10 reviews)); "Good salary for eastern Europe" ((in 9 reviews)); "Work life balance, nice colleagues" ((in 8 reviews))

What are the cons of working at Lab49 according to real employee reviews?

"As a global entity the organisation is shameful, due to the unique and exciting way senior management operate tension is high whilst trust is low." ((in 5 reviews)); "Bonuses for 2015 were only partly paid in 2016 (25% of awarded bonus) and there are no 2016 / 2017 bonuses, pay rises or promotions." ((in 4 reviews)); "The leadership has no idea about the company's direction." ((in 4 reviews)); "At times, the workload can be overwhelming, and there may be periods of high stress due to tight deadlines or project demands." ((in 3 reviews)); "Formal training is minimal." ((in 3 reviews))

What are employees saying about Lab49 layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Lab49 layoffs and their outlook for job security at Lab49 in 2026.

What are the top reviewed Lab49 locations?

New York , Washington , Philadelphia

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Lab49

Acquired by ION Group

Lab49 reviews

Don't waste your time with this declining sweatshop - Software Consultant Lab49 Employee Review

1.0

May 5, 2021

Software consultant

Recommend

CEO approval

Business Outlook

Pros

A few good people left, a few clients still overpaying Snack boxes sent to your home!

Cons

Toxic blame-game culture makes it very easy for competitors to get their best people "Leadership" team mute and clueless Promotions with no pay rises are common! You will work many weekends

Lab49 Response

Thank you for your comments, we truly value your feedback. We're disappointed to hear that your experience at Lab49 fell short. We're excited to have a new leadership team in place, and their top priority has been creating a blueprint for the future of the company. This blueprint includes an exciting new direction which will combine leading-edge technology and unique perspective to unlock the potential of the financial services industry. We know that it won’t be easy. Nothing this ambitious ever is. But what we do know is that to deliver on this vision, we need more talented people like you. We hope that you’ll perhaps consider us again in the future once we’ve gotten further underway in our journey and wish you all the best in the meantime! If you feel like you perhaps didn’t get all the details of our forward direction while you were here, please do reach out to Helena – talent@lab49.com! We’d love to tell you a little more. Thank you again. It's feedback like yours that helps us improve our workplace for everyone.

Explore other reviews about Lab49

5.0

Sep 16, 2024

Senior product manager

Recommend

CEO approval

Business Outlook

Pros

- Working groups around Blockchain, AI, and other interesting topics - Book Club - Open and transparent leadership team

Cons

- Uncertainty around what you will be working - Can do a great job on a project, and still be left on the bench when it is finished

4.0

May 26, 2026

Principal software engineer

Recommend

CEO approval

Business Outlook

Pros

Hiring is well-gated, so you'll work with smart people. Projects are exclusively in finance so it's a great place to gain exposure in that industry. You operate with a good amount of autonomy.

Cons

It's a consulting company, so engineers are only valuable if they're billable. That means your success is tied to someone else's ability to secure a pipeline of work for you, or your own ability to upsell at your engagement - which may or may not be up to you no matter what you do. There isn't a dedicated sales team at Lab, so this can get spotty. Upper management's presence is felt in seasons - non-existant for months at a time, all over everything the next. They were nowhere to be found as AI got rolled out massively in 2026 and we got caught without a strategy and action plan - either for leveraging internally or for pivoting our model.

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Jobs at Lab49

Lead Python Developer

Strategic Account Manager

Senior Product Manager – Financial Services

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