Lab49 reviews

3.4

54% would recommend to a friend

(33 total reviews)
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Roman Trachtenberg

56% approve of CEO

48% positive business outlook

Reviews by job title

33 reviews

Reviews about "Compensation"

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5.0
Oct 4, 2023
Recommend
CEO approval
Business Outlook

Pros

- Company is supportive - Good salary - Flexible remote working policy - Great colleagues - Training opportunities, good career advancement options

Cons

- Clients are in the financial sector, and some of them are difficult - Consultancy is not for everyone

1.0
Feb 4, 2023

Layoffs | Bunch of liars | Don't join the company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Tech head at Noida is the only pro about the company. although as a Product Manager, you will barely get to interact with him.

Cons

No job guarantee. No severance package. No respect to employees. They sell you the post by saying that you will be appointed on projects where your expertise can be used. But then, when the time comes they put you anywhere you want. And then even if you do good on those projects, you will not be paid bonus because they will make sure to lay you off before bonus season. They are laying off people by forcing them to resign. The HR calls, and forces you to send resignation before the call ends - otherwise they will terminate your employment and not give you a relieving letter. The leadership has no idea about the company's direction. You are hired for region X, but when region doesn't have work - they ask you to plead other regions if they have any work. They wont even bother informing other region POCs about you. So when you call them out of blue, they are as clueless as you. They will make you go through countless interviews in sister companies to "retain you". But even if you clear the rounds, and the hiring team wants you - they will lay you off because the "CEO did not respond to approval emails". They will lie their hearts out by promising you stuff that they can never deliver. I made the mistake of not paying too much heed to the negative Glassdoor reviews - I hope no one else makes the same mistake. This is my first ever review, hope someone reads it and find it useful.

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Lab49 Response
3y
Thank you for taking the time to share with us your experience. We understand it has been a difficult journey for you. While no company is immune to the current challenging climate, we strive to always do our best by our team, and are working to become a better employer to ensure this experience isn’t repeated. We’re proud of our team in India and the leadership we have, and are glad that they were helpful during your time at Lab. We've built a high performing global workforce that has the agility to work with other regions, clients and cultures – while this isn’t easy for everyone, switching clients and projects is common in our consultancy model where we believe great talent can be found across the globe. In 2022 we made a serious investment in our People Managers, upskilling them with our training partner, LifeLabs learning. We’ve seen our attrition drop, and the reasons that people move on have changed too, reflecting the improvement in the way management works at Lab. We are always reviewing our policies and procedures to retain our talented employees, or part ways with care and dignity and are sincerely sorry that on this occasion we were not able to retain you. Thank you again for taking the time to share your feedback with us and make Lab a better place for everyone.
2.0
Oct 10, 2022

Pretty sad

Recommend
CEO approval
Business Outlook

Pros

Exciting projects and a few good people if you manage to get on the same project with some of them

Cons

They will hire you saying this is a top 3% company. I’m telling you, it’s not even top 50%! Projects are interwatig but the way of working is extremely bad. You work on VDIs usually with non-existing ci/cd. They recruitwd a lot of low/mid level engineers to the hungarian team - all smart ppl are leaving. They struggle to keep people as most of them want to leave as soon as they see how bad the whole thing looks. You will only get a pay raise if you ask for it million of times, even when the inflation is 15-20% they will give (a 3% raise) to the selected few. I would not recommend this company to anyone.

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