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?

"There are still a few great people with positive attitudes" ((in 29 reviews)); "Also the pay is good" ((in 10 reviews)); "Good team and employee" ((in 10 reviews)); "Good salary for eastern Europe" ((in 10 reviews)); "Highly intelligent, technical, friendly, and empathetic team members and colleagues that encourage and root for you" ((in 9 reviews))

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

"The ION acquisition was also highly disruptive to the historical Lab49 culture." ((in 11 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

3.4

54% would recommend to a friend

(201 total reviews)

Roman Trachtenberg

56% approve of CEO

48% positive business outlook

Ratings by category

3.8

Compensation and benefits

3.7

Work/Life balance

3.5

Culture & values

3.5

Diversity & inclusion

3.3

Career opportunities

3.1

Senior management

Lab49 has an employee rating of 3.4 out of 5 stars, based on 201 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Lab49 employee rating is in line with the average (within 1 standard deviation) for employers within the Management & Consulting industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

201 reviews

2.0

Oct 21, 2024

Just about to complete one year and - Bad Experience

Engineer

Recommend

CEO approval

Business Outlook

Pros

Good paymaster and ION as a Brand

Cons

Good pay master, but any time they can fire you. If you are not in good books of your manager you will be fired.

4.0

Sep 24, 2024

Driving Innovation in Banking: A Company on the Rise

Project manager

Recommend

CEO approval

Business Outlook

Pros

I have had the opportunity to be part of a banking project for 3 years, and it has been a rewarding experience overall. The company has made significant strides in advancing its technology stack and improving banking solutions, all while maintaining a focus on customer-centric innovation. I had has consistently invested in modernizing its technology infrastructure, especially in the banking sector. Would like to re join this company

Cons

During my tenure with cloud and automation, scaling up banking operations has become smoother. The system can now handle a larger volume of transactions without compromising performance. Now I am sure they have scale up and would like to join back

5.0

Sep 16, 2024

Great Place to be if you want to learn play a role in emerging tech spaces

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

Viewing 19 - 21 of 201 Reviews

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Jobs at Lab49

Lead Python Developer

Strategic Account Manager

Senior Product Manager – Financial Services

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Just about to complete one year and - Bad Experience

Driving Innovation in Banking: A Company on the Rise

Great Place to be if you want to learn play a role in emerging tech spaces

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