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?

"There are still a few great people with positive attitudes" ((in 29 reviews)); "Also the pay is good" ((in 10 reviews)); "Good team and employee" ((in 10 reviews)); "Good salary for eastern Europe" ((in 10 reviews)); "Highly intelligent, technical, friendly, and empathetic team members and colleagues that encourage and root for you" ((in 9 reviews))

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

"The ION acquisition was also highly disruptive to the historical Lab49 culture." ((in 11 reviews)); "Senior management quit in London and New York but never replaced." ((in 7 reviews)); "Lab49 laid people off, postponed bonuses and cancelled online training subscriptions despite no material impact to their business." ((in 4 reviews)); "The leadership has no idea about the company's direction." ((in 4 reviews)); "There is no honest communication about what is happening in the company." ((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

Eye opening - Consultant Lab49 Employee Review

1.0

May 5, 2021

Consultant

Recommend

CEO approval

Business Outlook

Pros

You will probably be placed onsite at a major financial institution where you'll see what it's like to work for them: lots of training available, meaningful bonus, fun sprints, social events, clear promotion process, diversity schemes, generous maternity/paternity package, good communication and support around covid.

Cons

You get none of these things working for Lab49.

Lab49 Response

We appreciate you taking the time to write feedback for us. We’re sorry to hear your time at Lab was so challenging. If you would like to talk further about your experience, so we can learn from it, reach out to Helena at talent@lab49.com. Our leadership team has been actively working to improve our culture – everything from listening to our employees in targeted and overarching campaigns, proactively gathering feedback on new initiatives and opening the lines of communication through practice and global town halls. We’re always looking to provide the support needed for our people to achieve their potential. We appreciate your input and wish you the best for your next step.

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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