Good people, interesting projects - Anonymous employee Lab49 Employee Review

4.0
Jan 23, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Nearly all of my coworkers are smart, professional, and pleasant. I really like almost everyone here. There's plenty of work, and the projects are an interesting mix. The clients are mainly major banks, and most of the work is pretty cutting-edge in terms of technology and finance. (Not all the projects are exciting; there's a mix of internal infrastructure work as well - but Lab49 does quite well in this regard).

Cons

Nothing terrible. Salary and benefits are average, neither outstandingly good nor bad. The company does not have the training, support, or project management infrastructure that one would hope to find in a larger or more mature firm. (Let's recognize that reality usually disappoints at larger and more mature firms as well.)

Explore other reviews about Lab49

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.

See reviews by: Helpful|Rating|Date|All