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Lab49

Acquired by ION Group

Engaged Employer

Lab49 reviews

3.4

54% would recommend to a friend

(201 total reviews)
avatar

Roman Trachtenberg

56% approve of CEO

48% positive business outlook

Ratings by category

3.8

Compensation and benefits

3.7

Work/Life balance

3.5

Culture & values

3.5

Diversity & inclusion

3.3

Career opportunities

3.1

Senior management

Lab49 has an employee rating of 3.4 out of 5 stars, based on 201 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Lab49 employee rating is in line with the average (within 1 standard deviation) for employers within the Management & Consulting industry (3.7 stars).

Ratings by demographic groups

Reviews by job title

201 reviews
2.0
Jun 17, 2017

Once great

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Decent work-life balance - Good compensation

Cons

- No longer tech leaders/innovators - Working with clients that dictate antiquated tech stacks, ancient hardware and terrible architectural decisions - Projects ranging from same exact as last one to same exact as 10 years ago - Same basic project across engagements means little opportunity to learn new technology on the job - Staff aug-like environment, as clients demand on-site presence, leads to non existent company culture

1.0
May 5, 2021

Don't waste your time with this declining sweatshop

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

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Lab49 Response
3y
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.
5.0
Jun 15, 2020

For overacheivers

Associate
Recommend
CEO approval
Business Outlook

Pros

I think most of the bad reviews here are from people who weren't at the level required, LAB49 is a demanding job, you need to be very experienced (or able learn very quickly) as you'll be expected to master React and Angular alongside TypeScript, Redux and RxJS, have an expert knowledge of Java and Spring, whilst being accomplished in sql/nosql, comfortable with automated testing (100% coverage is the goal), devops and the cloud with good financial knowledge, if you can also do some C# and Python even better. You'll be switching technologies a lot and there's very little ramp-up time between projects, people are always busy, you'll often have to learn by yourself in your own time as you should be aware of all the latest technologies. You can't be overly sensitive, people tell you the truth here as there's great time pressure to get things done on budget. It's not for everyone but if you're good enough this is the place to be.

Cons

Performance/ pay review months late with 0 communication, senior managers still managed to agree promotions amongst themselves though.

Viewing 22 - 24 of 201 Reviews
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Glassdoor has 210 Lab49 reviews submitted anonymously by Lab49 employees. Read employee reviews and ratings on Glassdoor to decide if Lab49 is right for you.