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Formlabs Company Culture
Formlabs Culture
This score is derived from employee ratings & reviews3.6/5
Formlabs' Overall Culture is rated C+
Top Rated Culture Dimensions
Environment
B+Team
B+Meetings
BWork Culture
BCEO Rating
BFormlabs CEO
Top 30%Top 30% of Similar Size Companies on Comparably
Maxim Lobovsky
72 /100
See More
Diversity at Formlabs
Bottom 15%Bottom 15% of Similar Size Companies on Comparably
D
Diverse employees at Formlabs have rated Work Culture, CEO Rating, and Retention as the highest categories they have scored
Women at Formlabs
Bottom 35%Bottom 35% of Similar Size Companies on Comparably
C-
Women at Formlabs have rated Team, Meetings, and Work Culture as the highest categories they have scored
Formlabs eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 40%Top 40% of Similar Size Companies on Comparably
Recommend to a Friend?
18
Formlabs employees are 18% more likely to recommend Formlabs as a great place to work
| 50% | Promoters |
|---|---|
| 18% | Passives |
| 32% | Detractors |
Working at Formlabs
Working at Formlabs is rated average by 45 employees, across various culture dimensions. Formlabs employees are most satisfied about Environment, Team, and Meetings categories, putting Formlabs’s culture in the Top 50% compared to similar sized companies on Comparably and in the Bottom 45% compared to other companies in Boston. See below in detail how working at Formlabs was rated by employees.
Overall Company Culture at Formlabs
C+
Overall Company Culture at Formlabs is rated C+
Last updated months ago
Top
50%
Formlabs ranks in the Top 50% of other companies on Comparably with 201-500 Employees for Overall Company Culture Score
Formlabs Employee Reviews
Out of 33 Formlabs employee reviews, 93% were positive. The remaining 7% were constructive reviews with the goal of helping Formlabs improve their work culture.
| Positive Reviews | 93% |
|---|---|
| Constructive Feedback | 7% |
Positive Reviews From Formlabs Employees
- What are some of the best things about your team?Their agility and ability to adapt to change
- What is the best part about your compensation package?Salary based with PTO as an Intern
- What did you like most about the interview process?My take-home technical test for engineering was done on my own time without monitoring software or a countdown timer - this made the experience much less stressful and more reflective of a true work environment
Constructive Feedback From Formlabs Employees
- Why do you feel undervalued and what would make you feel better about your compensation?Pay is low for the boston area - they are trying to catch up, but it creates inequity. I recently discovered that I was making less than a much more recent hire with significantly less experience on my team. Annual reviews try to address this, but it's incredibly slow.
- Why do you feel undervalued and what would make you feel better about your compensation?Compensation is well below average market value and is not re-evaluated frequently enough to keep up with the speed of personal growth.
Formlabs Company Information
Formlabs Company Overview
Formlabs develops high resolution, low cost 3D printers for designers, engineers, and other creators.
Formlabs was founded in 2011 and its current CEO is Maxim Lobovsky. Since its inception 15 years ago, Formlabs has grown to 350 employees.
Formlabs Mission, Vision & Values
Formlabs Mission & Values
We're committed to bringing powerful and accessible fabrication tools into the creative hands of professionals around the world.
Formlabs Vision Statement
We're committed to bringing powerful and accessible fabrication tools into the creative hands of professionals around the world.
| Headquarter | 35 Medford St, Suite 201 Somerville, MA 02143 United States of America |
|---|---|
| Website | www.formlabs.com |
| Founding Date | 2011 |
| Tel | (617)702-8476 |
| Company Status | Private |
| Jobs | formlabs.com/company/careers/usa/ |
Formlabs Competitors
Formlabs competitors include MakerBot and Markforged. Formlabs ranks 1st in Overall Culture Score on Comparably vs its competitors. See below how Formlabs compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Culture Video
Formlabs Employees
Formlabs has 350 employees. 45 employees at Formlabs have reviewed Formlabs across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 45 Formlabs employees give their leadership a grade of C-, or Bottom 35% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Formlabs are not very pleased with their total compensation at Formlabs, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Formlabs are pleased with their team. 45 Participants grade the quality of their coworkers a B+. The majority believe the meetings at Formlabs are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Formlabs believe the environment at Formlabs is positive. Most Participants believe the pace of work at Formlabs is extremely fast. About 53% of the employees at Formlabs work 8 hours or less.
Overall, the employees at Formlabs are happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
A Day in the Life
A Day in the Life
Formlabs employees generally work 9.0 hrs a day
Work Hours
A Day in the Life
Employees at Formlabs report the work pace is extremely fast
Work Pace
A Day in the Life
95% of Formlabs employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Formlabs employees most often take unlimited paid vacation and sick days each year
Perks & Benefits
A Day in the Life
40% of Formlabs employees report they are happy with their work life balance
Work Life Balance
A Day in the Life
Formlabs employees typically get valuable feedback on how to improve at work Once a quarter
Feedback
A Day in the Life
84% of Formlabs employees call their work environment positive
Environment
Joining Formlabs - Employee Onboarding
The prevailing opinion from Comparably users in Boston about their company is that it was very prepared on their first day. Boston employees concluded that their overall onboarding experience was positive. 75% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Formlabs KPIs and OKRs
Employees’ understanding of Formlabs' KPIs and OKRs is essential for its success. Out of 7 Formlabs employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 3 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Formlabs CEO & Leadership
Formlabs CEO - Maxim Lobovsky
72 /100
Maxim’s approval rate is just above average, putting Maxim in the Top 30% of all CEOs of similar-sized companies on Comparably, and in the Top 40% compared to the CEOs of all other companies in Boston. Maxim Lobovsky is well regarded by employees for the Environment Formlabs offers, and ranks among the Top 20% of CEOs by employees in that category. Maxim is most liked by employees in the Marketing department and employees in the HR department. However, employees with the company for Less than 1 Year have a slightly unfavorable view of the CEO. When compared to Formlabs’s competitors, Maxim Lobovsky ranks just above MakerBot’s CEO Nadav Goshen. With Maxim’s leadership, Formlabs employee respondents are most happy about their Environment and Team. Maxim was rated slightly below average for Professional Development.
Formlabs Leadership
The Formlabs Executive Team is rated a “C” and led by CEO Maxim Lobovsky, Chief Financial Officer Jonathan Aharon, and Chief Product Officer David Lakatos
Maxim Lobovsky CEO / President
Maxim Lobovsky serves as the CEO / President of Formlabs.
Jonathan Aharon Chief Financial Officer
Jonathan Aharon serves as the Chief Financial Officer of Formlabs.
David Lakatos Chief Product Officer
David Lakatos serves as the Chief Product Officer of Formlabs. David started at Formlabs in Jan of 2014. David currently... read more
Luke Winston Chief Business Officer
Luke Winston serves as the Chief Business Officer of Formlabs. Luke started at Formlabs in Jan of 2015. Luke currently... read more
Grant Thomas-Lepore Head of Software Product Management
Grant Thomas-Lepore serves as the Head of Software Product Management of Formlabs. Grant currently resides in the... read more
Carl Calabria Head Of Engineering
Carl Calabria serves as the Head Of Engineering of Formlabs. Carl currently resides in the Greater Boston Area.
Formlabs Salaries
How much does Formlabs pay?
How much do people at Formlabs get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Formlabs is $97,800, or $47 per hour, while the estimated median salary is $94,415, or $45 per hour.
At Formlabs, the highest paid job is a General Counsel at $281,322 annually and the lowest is a CS Rep at $44,676 annually. Average Formlabs salaries by department include: Finance at $64,035, HR at $92,567, Product at $137,204, and Sales at $252,329. Half of Formlabs salaries are above $94,415.
25 employees at Formlabs rank their Compensation in the Bottom 20% of similar sized companies in the US (based on 81 ratings) while 23 employees at Formlabs rank their Perks And Benefits in the Top 40% of similar sized companies in the US (based on 28 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $58k | $58k | 1st Percentile |
17th Percentile $77k | $77k | 17th Percentile |
33rd Percentile $93k | $93k | 33rd Percentile |
50th Percentile $187k | $187k | 50th Percentile |
67th Percentile $276k | $276k | 67th Percentile |
83rd Percentile $315k | $315k | 83rd Percentile |
100th Percentile $375k | $375k | 100th Percentile |
$97,800*
Average Compensation
$94,415*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Formlabs Salaries by Department
Diversity & Inclusion at Formlabs
Diverse employees at Formlabs score the company 57/100 across various culture categories, placing Formlabs in the Bottom 15% of companies on Comparably with 201-500 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Formlabs across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Formlabs Perks & Benefits
Health & Wellness
- Dental Insurance
- Health Insurance
Formlabs PTO
Formlabs' PTO and Vacation policy typically gives unlimited days off a year. Formlabs' benefits and PTO Package averages to represent a $1500 - $2500 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Formlabs Careers
Formlabs Jobs
No Recent Jobs found for Formlabs on Comparably
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H1B Visa
In 2019, Formlabs applied for 9 H1B visas. Of the work permits applied for, 100% were approved.
Work Permit Application Outcome
Formlabs has a total of 350 employees
9
Total Applied
H1B Applications Outcome
- 100% Granted (9 out of 9)
- 0% Denied ( out of 9)
- 0% Withdrawn Application was withdrawn by the employer before approval/rejection ( out of 9)
- 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 9)
This data was calculated using publicly sourced data from OFLC Performance Data
Let Formlabs Know You Want To Work There
Overview of Candidates Interested in Formlabs on Comparably
Candidates By Department
All Industries | 50% | |
|---|---|---|
Engineering | 14% | |
Business Development | 14% | |
Product | 7% | |
Legal | 7% | |
Other | 7% |
Candidates By Location
Boston | 36% | |
|---|---|---|
Somerville | 21% | |
New York City | 7% | |
Lawrence | 7% | |
North Attleboro | 7% | |
Other | 21% |
Frequently Asked Questions regarding Formlabs
What is Formlabs address?
Formlabs location is at 35 Medford St, Suite 201
Who is the CEO of Formlabs?
Formlabs CEO is Maxim Lobovsky, their score by employees is 72
What is Formlabs eNPS?
The eNPS for Formlabs is 18
What is the salary for UI/UX Designer in Formlabs?
UI/UX Designer average salary in the US is 88k
What are the salaries in the Admin in Formlabs?
The average salaries for Admin in Formlabs is 58k
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