Lab49 Reviews | Glassdoor.com.au

Lab49 Reviews

Updated 23 May 2019

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Found 85 reviews

3.0
StarStarStarStarStar
Rating TrendsRating Trends
55%
Recommend to a Friend
44%
Approve of CEO
Lab49 CEO Luke Flemmer
Luke Flemmer
43 Ratings
Pros
Cons
  • "Communication from senior management can be spotty at times(in 12 reviews)

  • "Limited to finance industry, therefore not as many potential clients as a general consultancy would have(in 5 reviews)

More Pros and Cons
  1. Helpful (2)

    "One of the best experiences I had across London & Sydney"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lab49 for more than 3 years

    Pros

    I learnt so much and progressed my career further than I could ever had imagined. Made a lot of friends along the way all around the world. Plenty of work life balance and project flexibility. Rarely any overtime or late nights but would get holiday in lieu as a "thank you!" which was nice.

    Cons

    No company is perfect, upper management can be a little clandestine but it rarely affects Sydney.

    Advice to Management

    Regarding upper level management back in New York / London, listen to your staff more.

    Lab492017-08-25
  2. Helpful (23)

    "Rotten to the core"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Developer in Sydney
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Lab49 full-time

    Pros

    Its better than being on the streets

    Cons

    Lab49 is probably the worst company I have ever worked for. This review is probably pointless as there is little chance of Lab49 hiring again but just in case enough staff leave that they cannot service their current clients, read on. The worst traits of the company are secrecy, lies. and bullying. The upper management thrive on secrecy and seem to love to hide as much information as possible (mostly for no apparent...

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    Advice to Management

    Clients are not cash cows for you to milk. Staff are valuable assets, not pawns in some twisted game. Pay people off and shut the place down.

    Lab492017-05-20
  3. Helpful (11)

    "Don't recommend this place at all"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Sydney
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Lab49 full-time for more than a year

    Pros

    Nothing good to talk about this place.

    Cons

    Lab is a hire and fire company. From last 2 years, it has steadily fired all the top talent without any reason. Long working hours and pathetic senior management make our lives more miserable at this place. I don't recommend this company for any prospective IT engineers who want to grow in their career.

    Advice to Management

    Show some empathy towards the staff and retain employees if possible.

    Lab492017-02-27
  4. Helpful (4)

    "Current Employment Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    Current Employee - Anonymous Employee 
    Recommends
    Approves of CEO

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

    Pros

    -Opportunities to take ownership of work. -Friendly and relaxed office and colleagues. -Great work-life balance. -Monthly social gatherings to unwind and boost office morale. -Great communication and regular feedback from managers. -Snacks and drinks are provided in the office daily. -Monthly office and company updates. -Opportunities for growth. -Mentor/mentee opportunities. -Training opportunities. -Benefits...

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    Cons

    -Have not yet received a formal review and have been at the company for 6+ months. -Liaising with employees in other office locations can sometimes be tricky though is worked out where possible, this may mean early mornings or late nights though this is to be expected in a full-time position.

    Advice to Management

    Continue with the incentives and opportunities and provide the same or more communication to all staff.

    Lab492015-06-24
  5. Helpful (1)

    "Somewhere between a "tech" company and investment bank."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lab49 full-time for more than 3 years

    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,...

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    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,...

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    Advice to Management

    Work hard to maintain the great culture of the office making sure to keep the relaxed but hard working atmosphere it's take two years to build.

    Lab492015-06-02
  6. "Nice place to work"

    StarStarStarStarStar
      Current Employee - Anonymous Employee in London, England

      I have been working at Lab49 for more than a year

      Pros

      Despite some of the reviews on here the people are lovely

      Cons

      Senior management team mostly work from home which leads to a lack of direction and an empty office

      Advice to Management

      You could be more proactive

      Lab492019-05-03
    • "Hard work for wrong reasons"

      StarStarStarStarStar
        Former Employee - Anonymous Employee 

        I worked at Lab49 full-time

        Pros

        interesting work in and around the financial industry, a good way to get into this field

        Cons

        you'll expend a lot of your time and energy wondering when/if your bonus is going to be paid, explaining to payroll how pensions work and trying to establish what benefits are still left

        Lab492019-05-23
      • Helpful (1)

        "Not what it looks like"

        StarStarStarStarStar
        • Work/Life Balance
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Current Employee - Software Engineer in London, England
        Recommends
        Positive Outlook
        No Opinion of CEO

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

        Pros

        Event with the awful historical reviews, I decided to give it a try and joined Lab49 in LDN. It seems most of the tensions were in the past and localised to NY. + biggest part of the LDN team joined within the last year. people are nice and always eager to help. + focus on up-skilling individuals and keeping up-to-date on tech (I really appreciate this since I used to have to do it in my own time) + fast paced, big...

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        Cons

        - office coffee is kinda crap

        Lab492019-03-29
      • Helpful (1)

        "Avoid"

        StarStarStarStarStar
          Current Employee - Senior Consultant in New York, NY

          I have been working at Lab49 full-time

          Pros

          Salary competitive but nothing else

          Cons

          In common with other ION acquisitions uncertainty over bonuses, reduced benefits, high staff turnover, incompetent personnel and a tarnished reputation leads to low morale among team members

          Lab492019-04-28
        • Helpful (4)

          "Unprofessional"

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

          I have been working at Lab49 full-time

          Pros

          Lots of promotions, although very US centric, only US staff promoted this year.

          Cons

          Bonus never paid on time, later and later every year not even bothering to make excuses anymore. Make potentially hires wait several months for an offer to save money, saves even more money as they pull out and demoralized staff quit due to lack of resources.

          Advice to Management

          Realise why tier 1 banks and high quality candidates no longer want anything to do with you.

          Lab492019-04-24
        Found 85 reviews