Lab49 reviews

3.4

58% would recommend to a friend

(37 total reviews)
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Roman Trachtenberg

61% approve of CEO

52% positive business outlook

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37 reviews

Reviews about "Management"

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5.0
Feb 15, 2016

Above-average consulting firm

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The hiring process is rigorous, so most colleagues who get in the door are smart and motivated. Engineering expertise is cutting edge and company’s reputation with clients is good enough in most cases to prescribe modern tech stacks (there are exceptions of course). Good in-house domain knowledge, very finance-focused. Management is very interested in maintaining Lab as a premium brand with clients; therefore most projects are not boring (again, there are exceptions of course) and the work is more challenging than your average consulting shop.

Cons

Limited to finance industry, therefore not as many potential clients as a general consultancy would have. If you’re client-facing you have to represent the firm well; it’s too small of a firm for someone to hide if they’re not on their game. Most of the time your own manager will be busy on projects, won’t have much time to manage, so if you need a lot of guidance it might not be the best fit. Communication from senior management can be spotty at times.

5.0
Nov 30, 2015

Great company, great people!

Anonymous employee
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CEO approval
Business Outlook

Pros

Lab49 is an exceptional group of people. I met some of the most brilliant yet completely down-to-earth software engineers there. Everyone is deeply technical, no PHB managers. You'll be surprised when you get stuck on a tough problem, and someone with an Associate Director title happens to walk by and show you real quick where exactly you have to set the breakpoint to diagnose your problem! If you want to advance your skills and work with people from whom you can learn Lab49 is the place to go. I was also surprised how cutting-edge most of the projects for the large investment banks are (I guess technology has become the main differentiator, so everybody is trying to utilize the latest and greatest). There seems to be a moderate bias towards front-end solutions (lots of JavaScript technologies), but plenty of interesting stuff happening on the back-end as well (Java 8, Scala). Great office on the 50th floor with conference rooms overlooking Central Park, need I say more?

Cons

No major cons, really. The reporting structure can be tricky, though, due to teams forming and breaking up frequently, as the project durations require. You could find yourself working with an on-site technical lead who reports to your deputy practice head manager (who has no visibility into your salary) who reports to a practice head (who has the full picture, but might only have met you once or twice). It's a common problem in the consulting industry, but it's a small price to pay for working with highly skilled people on extremely challenging projects.

4.0
Sep 11, 2015
Recommend
CEO approval
Business Outlook

Pros

I joined LAB49 a couple weeks ago. The on-boarding process was very organized and efficient. The atmosphere is positive. You get to meet smart people. Agile development. Thin management layer. Managers are very technical. Paid for events that bring employees together. You are given a beautiful Apple laptop w/o the draconian site access restrictions you see in banks.

Cons

You have to deal with the client employees (banks) who are by and large incompetent.

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