LAB49 is a good place for work - Senior Software Engineer Lab49 Employee Review

4.0
Sep 11, 2015
Recommend
CEO approval
Business Outlook

Pros

I joined LAB49 a couple weeks ago. The on-boarding process was very organized and efficient. The atmosphere is positive. You get to meet smart people. Agile development. Thin management layer. Managers are very technical. Paid for events that bring employees together. You are given a beautiful Apple laptop w/o the draconian site access restrictions you see in banks.

Cons

You have to deal with the client employees (banks) who are by and large incompetent.

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5.0
Sep 16, 2024
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

2
4.0
May 26, 2026
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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