TheLadders Steps Down a Rung or Two

TheLadders, which for the past eight years has focused on $100K  job seekers, is expanding its recruitment services to all professional careers. The service becomes effective in September.

“It’s not a change of our whole model,” says Alex Douzet, co-founder and president of the privately owned company. “It’s an expansion of its model.”

The expansion is a response, he says, to many requests from both clients and non-$100K job seekers.

“We have been turning people away,” he says, noting that recruiters in Fortune 1,000 companies are often generalists and do not differentiate their efforts by pay level. “For them, it’s actually going to be a tremendous benefit.”

He acknowledges that some observers may link the expansion with “losing a little bit of that … small-community aspect,” but says providing TheLadders’ full suite of job-search solutions “will be a great benefit for job seeker and client.”

Job seekers pay $15 a month to be a member of TheLadders, while recruiters pay either $10,000 or $16,000 per year, depending on level of services.

Douzet says “business has been good” and notes that, for the professional market, there is only 4 percent unemployment, compared to 9.1 percent for the job market at large. “In the professional market, we are close to a full employment cycle.”

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