Lab49 Reviews | Glassdoor

Lab49 Reviews

Updated February 27, 2017
63 reviews

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Full-time Part-time

3.1
Star Star Star Star Star
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Lab49 CEO Luke Flemmer
Luke Flemmer
35 Ratings

63 Employee Reviews

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Pros
Cons
  • Communication from senior management can be spotty at times (in 10 reviews)

  • Poor culture / values, very poor work/life balance (in 3 reviews)

More Pros and Cons

  1. "Talented People with too much red tape"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Washington, DC
    Former Employee - Anonymous Employee in Washington, DC
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Lab49 full-time (More than 3 years)

    Pros

    Everyone is very smart, driven, and collaborative. We chose projects that were challenging and transformative for our clients.

    Cons

    Contracts seemed to be rushed and there was usually a disconnect between what was achievable and the "golden" idea sold to our clients. There needed to be more cohesiveness between sales and the actual teams that would be in charge of delivery.

    Advice to Management

    Be open to suggestions and criticism.


  2. "Not your typical consulting firm (which is a good thing)"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Talented and dedicated employees. Diversity of projects and clients means you won't get stuck doing the same thing year in and year out. Great opportunity to learn from your peers.

    Cons

    Communication from management could be better and more timely.


  3. "Senior Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Smart, talented people with diverse backgrounds.

    Cons

    New parent company is impinging on the culture.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (4)

    "Technically advanced - haven't figured out growth"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Historically strong technical talent
    Culture of mastery of technologies
    Active in the tech community - meet-ups etc.
    Some (!) quite industry-leading projects
    Strong delivery discipline

    Cons

    People management ineffective
    Employees can get burned on death march projects with fundamental leadership issues not addressed
    Light at revenue retention and building trusting long term relationships with clients
    Lack of scale and growth strategy
    Sales not driving growth
    Exodus of senior tech talent a consequence

    Advice to Management

    Fundamental challenges observed are a management and strategy problem. Try to solve for people and strategy.


  6. "Great Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Engineer
    Former Employee - Software Engineer
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Interesting projects and very modern technology

    Cons

    Very fast paced. If you enjoy learning new things every 6 months, that shouldn't be an issue.


  7. Helpful (10)

    "Not great anymore"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Lab49 full-time

    Pros

    Nice Central Park view at the midtown office (NYC)
    OK salary

    Cons

    At one point there were lots of talents, but because the management and sales team don't really know how to manage talents, most of the senior and talents are gone. Most of the people left and join FinTech startups or Google. No reason to join or stay at Lab

    Advice to Management

    Talent is the only reason people joined Lab and clients chose Lab. Talent retention at this point is more important than project acquisition.


  8. Helpful (2)

    "Good smart people, dedicated company, so-so clients"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Washington, DC
    Current Employee - Senior Software Engineer in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    People are great and universally smart and helpful. Seems like this is exactly what you should get when you pay above average and set high expectations.

    Company is extremely dedicated to getting employees to succeed.. collaboration, mentorship (separate from management), multiple career path guides, formal and informal tech sessions, very good training with real-world examples.

    Cons

    Development hardware/software/environments/resources provided by client are horrible. This reduces productivity a lot, which everyone is aware of, but it's client unwavering mandates. Expectations generally take this overhead into account, but it sucks to feel less productive than you could be.

    Advice to Management

    Mostly keep doing what you're doing, things are great, expansion is great, transparency is good, and especially like regular availability of very senior management.

    Figure some way to get clients in line with productivity needs. It's not just productivity but morale.


  9. Helpful (25)

    "Going downhill... FAST!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in New York, NY
    Current Employee - Software Engineer in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    - Great coworkers, extremely smart people (for now... but they are leaving in droves)

    - Well stocked kitchen and great view from the office (though you will probably spend most of your time at client sites)

    - Monthly organized "OneLab" events to socialize with coworkers

    - Mostly competitive pay (but see below regarding bonuses)

    Cons

    - In 2015 ION Group acquired a majority ownership in the company and asserted a large amount of control over operations. Things have gone down hill rapidly since. See reviews of ION Trading, Triple Point Technology, Financial Software Systems, FFastFill, and Wall Street Systems (all other ION acquisitions) for whats in store.

    - Was a very high quality software shop, but since the ION changes, quality has dropped quickly and significantly over the past year. The goal is now just to get work out the door. Very little regard to quality at all.

    - We were paid only 30% of our 2015 bonuses, while the remaining is being witheld until later in the year, to be paid only if a specific number of off-shore employees are hired. Even the recruiting dept (whose responsibility it is to meet those goals) wasn't given a heads-up on this.

    - Executive team is not trustworthy. They tell half-trutths and lie often to woo and retain top talent, but can't follow through on anything (which is why the most talented people have left or are leaving). In the meantime, they can't figure out why their reviews are floundering (part of their onboarding process "requires" you to write a Glassdoor review, I guess in an attempt to inflate positive reviews while workers are still in that honeymoon phase). Quarterly Q&A meetings are supposed to be open to discussing the state of the company, but are really just a soapbox for management "assure" everyone that all is going just fine! The only real winners in this company are c-level execs and upper management, and they obviously aim to keep it that way.

    In the end, consider this a stepping stone at best. But with the market the way it is now there are so many companies that will treat you much better, especially in NYC, that it's hard to find a reason to bother.

    Advice to Management

    If your plan is to transition to a low quality hack shop with high turnover rates, keep doing what you are doing! But it isn't all that difficult to simply treat your employees well and be upfront with them. Most everyone sees through all of the smoke and mirrors, so you aren't really helping yourselves by being decietful.


  10. Helpful (14)

    "Beware"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer
    Current Employee - Software Engineer
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Lab49 full-time

    Pros

    Technically excellent. Reviews are bogus posted engineered to be positive instead of the negative. Keep up the good work. Good compensation.

    Cons

    Very few projects and mostly for a few large customers so you have to leave to get variety.

    Advice to Management

    Lovely people and nice offices. Good snacks. Get more projects to interest everyone. There is mostly no management.


  11. "Office Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Office Manager in Washington, DC
    Former Employee - Office Manager in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Lab49 (Less than a year)

    Pros

    Edgy, Techy cool place to work. All the latest technology , MAC's etc...

    Cons

    For the sake of the 5 word minimum, there are no cons

    Advice to Management

    For the sake of the twenty word minimum, I have no advice for management except keep up the good work.



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