TheLadders.co.uk, the British site that charges job seekers a fee to view £50K + jobs, has reached their first birthday, and boy, do they have reason to celebrate.
Aside from turning one, the job board has announced that they have attained 160,000 members, almost double the original estimate of 90,000 for its first year of trading.
At £9.99 per month per user or £59.99 for 12 months, it appears the job site isn’t suffering in the cash influx department. They also report the addition of 2,300 new recruiters to its RecruitLadder Premium service.
To top it off, unlike many job boards who aren’t faring as well, TheLadders is hiring. They plan to increase their team by twenty-four by the end of Q1 2009.
In a press release the company announced that they will receive further funding from its US parent, TheLadders.com, to invest in TV advertising. There are also plans to introduce a suite of career management services including CV writing support and content tailored to the executive and management job search in the UK.
Derek Pilcher, Managing Director of TheLadders.co.uk, said, “2008 was a successful year for us. We set out to become the definitive resource for career opportunities, information and advice in the £50K+ marketplace. And we’ve done it.”
Popularity: 6% [?]
January 14th, 2009 at 10:33 pm
160k total members or paying members?
January 15th, 2009 at 1:42 am
Not very many people can say “2008 was a great year for us.” Everyone in TheLadders have really done their jobs well!
January 15th, 2009 at 4:21 pm
I am glad the Ladder is doing well, but unfortunately, it is at the expensive of the unemployed and suffering.
An article was written in 2007 objecting to the fact that when you initially look at the Ladder.com it appears you can sign up and apply for jobs for free, however this is not the case. You can view a part of one or 2 jobs, but when you see a job you are really interested in, then you are forced to join for $30.00 per month, which is taken out of your account, which you forget until you see your bank account dwindle when you are already unemployed. this is a great buren to the unemployed.
While they do seem to have some good jobs advertised on TheLadders.com, I don´t think this is a good business practice and is hurtful to the unemployed who are already in a bad situation.
Therefore, while I am most happy your company is successful, it should not use the unemployed, who cannot afford it in this manner.
To me, sending these applications through the Internet feels as if I am paying money and my applications are going to outerspace to be discarded.
This is not a goood image for the Internet recruiting companies, and perhaps you can think of a better way. For example, charge the employers like a normal recruiting company and then have more restrive pointed advertising where people could actually get jobs.
Or at least give the option to pay and not hide job information unless we pay for it; also if yo are doing well, increase your advertising and make up the cost in advertising rather than unemployed persons.