Lab49

www.lab49.com

Lab49 Reviews

Updated January 23, 2015
Updated January 23, 2015
26 Reviews
2.3
26 Reviews
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Luke Flemmer
7 Ratings

Employee Reviews

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  1. 1 person found this helpful  

    Good people, interesting projects

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Lab49 full-time

    Pros

    Nearly all of my coworkers are smart, professional, and pleasant. I really like almost everyone here.

    There's plenty of work, and the projects are an interesting mix. The clients are mainly major banks, and most of the work is pretty cutting-edge in terms of technology and finance. (Not all the projects are exciting; there's a mix of internal infrastructure work as well - but Lab49 does quite well in this regard).

    Cons

    Nothing terrible. Salary and benefits are average, neither outstandingly good nor bad. The company does not have the training, support, or project management infrastructure that one would hope to find in a larger or more mature firm. (Let's recognize that reality usually disappoints at larger and more mature firms as well.)

    Recommends
    Positive Outlook
    Approves of CEO
  2. 7 people found this helpful  

    Poor managment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Lab49 full-time

    Pros

    Programers can get exposure to new programs and processes. Mostly from co-workers.

    Cons

    Proper management is missing, assignments are handed out and you are left to figure out what is needed and if you seek advise on an issue from the management you are ignored. High demands on performance without needed support in personnel or support.

    Advice to ManagementAdvice

    Pay attention to what employees are requesting and be responsive to request for help. Treat employees as humans and not robots.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 10 people found this helpful  

    Avoid

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Software Engineer in New York, NY
    Former Employee - Senior Software Engineer in New York, NY

    I worked at Lab49 full-time (more than a year)

    Pros

    Made some great friends her
    Smart people

    Cons

    Management are morons
    Burn out good people

    Advice to ManagementAdvice

    Sell the company to adults

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5. 3 people found this helpful  

    One of the few consulting companies that I have worked for that focuses on their individual employees.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Consultant in Washington, DC
    Current Employee - Senior Consultant in Washington, DC

    I have been working at Lab49 full-time (less than a year)

    Pros

    - Work/Life Balance
    - If you need it, you get it.
    - Smart Peers
    - Great Office Culture
    - Huge support for individuals
    - Large space for advancement, Promotions
    - Snacks always available

    Cons

    - Vacation seems to be lacking
    - Technology stack

    Advice to ManagementAdvice

    One of the best jobs I have ever had. Company really focuses on the individual employee. That is always a huge benefit and will always outweight the current project that an individual will be on. You take care of the employees, the employees take care of the company.

    Recommends
    Positive Outlook
    No opinion of CEO
  6. 5 people found this helpful  

    Disorganized, doesn't live up to it's hype in terms of deliverables.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Lab49 full-time (less than a year)

    Pros

    They occasionally have some interesting, challenging projects.

    Cons

    Among many other things, their fixed price model always leaves the client unhappy, the projects half-baked, and the staff unfulfilled.

    The corporate culture went way downhill while I was there. Everyone slogs through their day overworked, underpaid, and unenthusiastic about their work.

    They don't practice their own model when working on internal projects, which are a mess.

    Recommends
    Negative Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Hard work, but good comradship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lab49 full-time (more than a year)

    Pros

    * Lots of smart people to work with
    * The company tries to lead teach those it works with to fish, rather than just providing fish
    * Clients provide interesting challenges

    Cons

    * Clients sometimes provide *interesting* challenges (political rather than technical)
    * When the persons you are working with do not want to learn to fish, at least there is money to be made in selling fish

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. 7 people found this helpful  

    Great people, questionable priorities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lab49 full-time (more than a year)

    Pros

    Lab hires really terrific people. If you're in the office with others regularly, you will befriend them and learn lots of new things.

    Cons

    Legacy projects, mediocre benefits, no work-life balance, and senior management seems not to notice or care. Lots of red tape for a small company.

    Advice to ManagementAdvice

    Stop treating people like they're expendable and start investing in them. It would benefit your bottom line.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9. 2 people found this helpful  

    A true meritocracy that hires the best and brightest to work on interesting, complex and cutting-edge systems

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Lab49 full-time (more than 5 years)

    Pros

    -Great people
    -Interesting work
    -Solid culture
    -Continually growing
    -Doesn't sacrifice standards to realize revenue

    Cons

    -Challenging work can be off-putting to some
    -

    Recommends
    Positive Outlook
    Approves of CEO
  10. 5 people found this helpful  

    The best pool of talents

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY

    I have been working at Lab49

    Pros

    outstanding co workers
    interesting projects
    good exposure

    Cons

    senior management lack of experience
    poor internal communication (getting better)

    Advice to ManagementAdvice

    hire more experienced leadership from established top consulting firm

    Recommends
  11. 8 people found this helpful  

    Full of smart and talented people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY

    I have been working at Lab49

    Pros

    Lab49 takes a lot of pride in hiring the best of the breed, so you will find yourself surrounded by really talented individuals. There is a lot of emphasis on learning, and peer based training.

    Lab49 generally pays 10-15% more base compensation than most financial firms and they also give out a guaranteed bonus.

    Vacation time is generally a week more than most companies, and the health benefits are at par with most financial firms.

    This place is almost devoid of politics, so if you are a geek and enjoy technical aspects of your job then this is the place to be at.

    Cons

    Once you get into lab49, promotions are very difficult to get, you could find yourself stuck at the same level, with the same pay for upwards of 2 years in most cases.

    You get geekier and geekier, but if you aspire for middle-management jobs, then this place is not for you.

    You may find yourself shuttling from project to project and the duration of some of the projects could be as less as 3-4 weeks.

    Advice to ManagementAdvice

    It's important that you give timely pay hikes, if you don't feel that an employee deserves a hike in a particular year, you should discuss it with the employee

    Recommends

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