Lab49 Associate reviews

4.3

83% would recommend to a friend

(8 total reviews)
avatar

Roman Trachtenberg

100% approve of CEO

77% positive business outlook

Reviews by job title

8 reviews
1.0
Dec 2, 2019
Recommend
CEO approval
Business Outlook

Pros

Decent resume builder / breadth of experience in different topics. Some good people left. Benefits aren't bad. Seem to have some good people in London and DC. Everything seems easy after working at Lab49.

Cons

Bonuses scheduled to be paid in April, actually paid between June - Nov even though you read online that the global CEO pays himself 9 digits a year as he buys more and more companies. Company sells itself as doing attractive front office projects with great design but banks don't actually outsource that kind of work. Hero culture where you are asked to work weekends to deliver on some unrealistic deadline instead of good management and setting projects up for success. NY culture is toxic, especially heads of strategy and project management who are verbally insulting. They seem to get it that way from the CEO and then quickly pass the buck. No support system for training / learning and development even though you get graded on it at eval time. CEO actively avoids having to interact with the proletariat staff. Low-ball all the offers and you have to fight annually for market pay directly with the lab CEO. It seems like the positive Glassdoor reviews are written by a select group of new people that management is trying to isolate and treat well and encourage to write glassdoor reviews for the sole purpose of saving their rating.

4.0
Jun 1, 2015
Recommend
CEO approval
Business Outlook

Pros

- Great office conversations, sometimes funny, often hilarious - Dress down attire except when visiting clients - Snack cupboard and beer fridge - Lot's of company events and nights out - Hackathon evenings with pizza & beer - Staff parties at nice venues around Sydney - Nice working atmosphere and supportive colleagues - Paid monthly lunches in the office, a nice recent addition, well done! - Great pay and benefits, plus some end of year bonus if the company does well - Global opportunities to move and be sponsored - Training and mentoring but you have to ask which can be a pain

Cons

- We build enterprise software sometimes over multiple years, this might not be for everyone - There are the occasional late night but everyone has pride in their work so no big deal - Sometimes things happen at the mercy of our clients but this sometimes happens in consulting - Could do more talks in the community but getting sign off is tricky due to strict NDA's - Can't always use cutting edge languages and frameworks, they need to be stable / supported - We're still bound by investment banking level contract obligations, can sometimes get corporate

2.0
Jul 7, 2014

Weird people, strange atmosphere

Recommend
CEO approval
Business Outlook

Pros

Working arrangements are pretty flexible, you get to work in the Gherkin and the pay isn't bad

Cons

There is a collection of very odd people working there (all of whom have little personality) and in the office there is almost no atmosphere. People rarely speak to each other. Working here will pay your bills but you won't come out of it with any lifelong friends.

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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.