Does Lab49 pay their employees well?

According to anonymously submitted Glassdoor reviews, Lab49 employees rate their compensation and benefits as 3.9 out of 5. Find out more about salaries and benefits at Lab49. This rating has decreased by 7% over the last 12 months.

How satisfied are employees working at Lab49?

58% of Lab49 employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Lab49 3.8 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) , Senior Software Engineer (16) , Consultant (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)); "Also the pay is good" ((in 11 reviews)); "Lab49 has transparent communication and strategic direction that keeps the team motivated and aligned with my goals" ((in 10 reviews)); "Good salary for eastern Europe" ((in 9 reviews)); "gallows humour from great colleagues" ((in 8 reviews))

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

"Bad culture." ((in 12 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

Sad - Senior Product Manager Lab49 Employee Review

1.0

Nov 3, 2022

Senior product manager

Recommend

CEO approval

Business Outlook

Pros

Interesting and continuously changing projects

Cons

- they will recruit you as a “top 3%” company - it’s not even top 60% (trust me) - openly known problems not being addressed - as a person NOT from the US you will be called “offshore people” - people are being thrown from project to project, no consideration of well functioning teams - projects usually planned without a QA - Working on VDIs all the time - extremely badly managed ci/cd on 95% of the projects - they made me pay for a community event, they haven’t paid me back in half year, and when i left the company they said they won’t be able to repay me anymore :) - probably the worst company i ever worked for - and i’ve been working at several already

Lab49 Response

Thank you for taking the time to give us your honest feedback. Let’s make sure you get paid from the community event – please email talent@lab49.com and we will be able to make the reimbursement happen. We’re sorry to hear that your experience with us didn’t live up to your expectations. We strive to ensure every team member has a varied and valuable time at Lab49 - one that’s going to leave a significant imprint on their careers! We strive to build an inclusive global culture across geographies and take this feedback very seriously. There is always room to be better to each other and more cohesive as an organization, and we’re extremely proud of our first-class team in Budapest. Thanks again for leaving us a review.

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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Senior Product Manager – Financial Services

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