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 30 reviews)); "Good salary for eastern Europe" ((in 11 reviews)); "Also the pay is good" ((in 10 reviews)); "Good team and employee" ((in 10 reviews)); "Good pay, Work life balance" ((in 9 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)); "Lab49 laid people off, postponed bonuses and cancelled online training subscriptions despite no material impact to their business." ((in 5 reviews)); "The leadership has no idea about the company's direction." ((in 4 reviews)); "Formal training is minimal." ((in 3 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

Smart people. Uninteresting work. Good compensation. - Anonymous employee Lab49 Employee Review

3.0

Mar 14, 2015

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

You will work with very smart people who know their craft well. There isn't a whole lot of BS. If you are a mature professional and have an understanding of how large financial organizations work (very slowly), you would be just fine. Work life balance is pretty good outside of rare instances.

Cons

No real focus on career growth. If you happen to be in the New York office and have a relationship with senior managers, you are trusted and given opportunities. Everyone else is in the same "resource" pool and used interchangeably across projects. Terrible HR practices (they exist to be a stick over employees' heads, not really focused on development of resources)

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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

Strategic Account Manager

Lead Python Developer

Senior Product Manager – Financial Services

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Smart people. Uninteresting work. Good compensation. - Anonymous employee Lab49 Employee Review

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