Lab49 Principal Software Engineer reviews

4.0

99% would recommend to a friend

(2 total reviews)
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Roman Trachtenberg

Not enough data to show CEO approval

Reviews by job title

2 reviews
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.

2.0
Apr 8, 2017
Recommend
CEO approval
Business Outlook

Pros

This used to be the place where the smartest people would get hired, and their talents would see the project through to positive results. The parent company drove so many people off, that they are about as starved for any type of talent. Why is this a "pro"? You have them by the shorties at the negotiation phase, if you can show that you're relatively talented, and can deliver. After you're fed-up and quit, there are some people out there who still think Lab49 is a standard of quality.

Cons

It is now a place where mediocre talent is hired for slightly above-market pay, with a vague promise of a possible bonus (maybe), and then you are worked 60-80 hours with little to no thanks. The sales team looks at the technology team as a blunt tool that can be engaged at a moment's notice, with little feedback (let alone appreciation) with regard to their efforts. Management sees technology as fungible assets, because the projects in technology are mostly not that interesting anymore; single page applications that have little-to-no relationship with actual finance, building powerpoint presentations that are supposed to be compliance reports (yes, really), etc. You get to work with an ever rotating cast of off-shore "talent".

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