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TheLadders Ends Its $100k-only Niche

by
John Zappe
Sep 19, 2011, 2:15 pm ET

Marc Cenedella said bye-bye today to the $100,000-job niche he launched in 2003. From now on, TheLadders will offer professional jobs at all salary levels.

It’s not clear whether The Ladders will now include entry-level positions. Cenedella, a co-founder and CEO, doesn’t say in his blog or his emailed newsletter whether there will be a salary floor. But two months ago, when Ladders President Alex Douzet, Cenedlla’s co-founder, announced the change, he said there would be a $40k salary floor.

In any case, Cenedella said the system will still match subscribers (TheLadders is a fee-based program for job seekers) to jobs in their field and within a step or so of their current pay range. Nor will the curated nature of the program change. “We’ll still be vetting every job and every recruiter before we allow them into our community,” Cenedella wrote.

For current users of TheLadders and its verticals, there won’t be much obvious difference, he said. “Behind the scenes, though, by making it easier for companies and recruiters to fill all of their professional jobs at TheLadders, you’ll find that we’re getting more, and an even wider variety of, jobs at the right level for you,” he wrote.

Notwithstanding his assurances, dozens of users of the site have posted comments criticizing the decision to open it up. Typical is this comment: “The new jobs presented entirely miss the mark. Previous jobs presented were well targeted, and new ones are not even close.  This has to change or it is hard to justify paying the fee.”

This article is provided for informational purposes only and is not intended to offer specific legal advice. You should consult your legal counsel regarding any threatened or pending litigation.

  1. Jeff DickeyChasins

    So TheLadders is now distinguished from its many competitors by…what? Hmmm.

  2. Adam Luckeroth

    They never had only 100K plus jobs, they only claimed that. For a full break down on the ladders I suggest looking back on some of the blog entries by Nick Corcodilos (Twitter @nickcorcodilos). I see they are still charging job seekers for “access” to their jobs. Friends don’t let friends pay to access job boards.

  3. Paul Basile

    True, they never had only 100K plus jobs, but people can be gullible. In any case, TheLadders and other job boards keep missing the point: to get the right job (if you are a candidate) or the right person (if you are an employer) you need to know what drives performance in the job and which candidates possesses those qualities. TheLadders does neither, nor do any job boards. To do this right, the scientific approach used by the best corporations is the only reliable way. Performance-predicting assessments, both for the job and the person, are the answer. That’s has been demonstrated repeatedly. Another job board? It won’t matter.

  4. Nicholas Gidaro

    Scientific Approach Paul? Like sabremetrics in baseball? Metrics? Meet Carl Crawford of the Boston Red Sox. My apologies if you don’t get the baseball reference.

    A fews years back I was unable to extend an offer to a candidate because HR didn’t like the results of the candidate’s Predictive Index. Mind you – this was a company with a 70% turnover rate. And everyone who turned over took the PI. That candidate went to a competitor – where he remains to this day. Having been promoted 3 times.

    Yes indeed – the “scientific” approach.

  5. 10 Earth-shattering, Mind-blowing Things That Happened in Online Recruiting During 2011 - ERE.net

    [...] said “adios” to $100K only: In a move that probably surprised no one, TheLadders moved away from its long-held position and embraced jobs [...]

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