Somewhere between a "tech" company and investment bank. - Associate Lab49 Employee Review

4.0
Jun 1, 2015
Recommend
CEO approval
Business Outlook

Pros

- Great office conversations, sometimes funny, often hilarious - Dress down attire except when visiting clients - Snack cupboard and beer fridge - Lot's of company events and nights out - Hackathon evenings with pizza & beer - Staff parties at nice venues around Sydney - Nice working atmosphere and supportive colleagues - Paid monthly lunches in the office, a nice recent addition, well done! - Great pay and benefits, plus some end of year bonus if the company does well - Global opportunities to move and be sponsored - Training and mentoring but you have to ask which can be a pain

Cons

- We build enterprise software sometimes over multiple years, this might not be for everyone - There are the occasional late night but everyone has pride in their work so no big deal - Sometimes things happen at the mercy of our clients but this sometimes happens in consulting - Could do more talks in the community but getting sign off is tricky due to strict NDA's - Can't always use cutting edge languages and frameworks, they need to be stable / supported - We're still bound by investment banking level contract obligations, can sometimes get corporate

Explore other reviews about Lab49

5.0
Sep 16, 2024
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

2
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.

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