Mediated Search Scores Points with Exec Job Seekers
TheLadders.com Reaches 400,000 Member Milestone with Selective Approach to Job Postings
New York (June 13, 2005) - TheLadders.com, the world's leading $100k+ job search engine, today announced that it has reached 400,000 registered members in just 2 years, doubling its member base in the first half of 2005 alone. This rapid growth is significant in light of the company's business model, whereby revenues are generated from job-seekers rather than employers.
TheLadders.com has achieved rapid growth in the high-end jobs space by tailoring its services to the specific needs of job seekers in the $100k+ marketplace. Unlike traditional job boards, which generate revenues when employers post job listings, TheLadders.com does not accept money from employers or recruiters. Instead, the company charges a $30 per month subscription fee to job seekers for access to its premium service. TheLadders.com also maintains a basic job leads newsletter for which it does not charge a fee.
TheLadders.com's unique, consumer-based business model allows the firm to provide a greater number of pre-screened, high-end job listings than any other source. Each job on the site is reviewed by a team of human editors prior to being posted. In addition to TheLadders.com's proactive search for job listings, the company also accepts listings from employers and recruiters and posts them free of charge. Still, only those listings meeting the company's strict criteria are posted.
"Successful Internet companies realize that technology isn't what wins users; customer experience does," explained TheLadders.com Founder and CEO Marc Cenedella. "The technology end is important: you have to provide functionality and scalability. But our real value is our executive job market expertise, deployed in a format that really helps job seekers."