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Socializing with the Boss Seen as Good for Career
Dinner Tops List of Advancement-Motivated Social Activities According to Executive Survey <BackNEW YORK (December 20, 2004)- Having dinner with the boss this holiday season? It could give your career a boost, according to a survey conducted by executive job search service TheLadders.com. According to the company's survey of 640 executives in the $100k+ job market, 55% believe that participating in social activities is good for their careers.
| Good for my career | 55% |
| A necessity I'd rather live without | 27% |
| Unimportant | 10% |
| Not worth the risk | 8% |
Though it is common to hear about holiday party faux pas and alcohol-laced improprieties, very few of the executives surveyed felt it was better to avoid social contact with superiors. Only 8% of the survey's respondents said that participating in social activities with the boss is 'not worth the risk' and 10% said it is altogether 'unimportant.' Twenty seven percent of respondents called fraternizing with superiors 'a necessity [they] would rather live without' (see table above ).
The survey of registered $100k+ executives was conducted by TheLadders.com from November 8, 2004 through December 14, 2004. The margin of error is +/- 3.87%.
In a related survey of 584 executives, TheLadders.com asked about the types of social activities executives commonly participated in with their superiors. The most common response was dinner, which claimed 48% of the vote. Golf and sporting activities were second on the list with 25%. Eight percent have attended sporting events with their superiors and 3% have attended the theater. Seventeen percent said they have not engaged in any social activities with the boss (see table below). This survey was also conducted from November 8, 2004 through December 14, 2004, with a margin of error of +/- 4.05%.
| Dinner | 48% |
| Golf/other sports | 25% |
| None | 17% |
| Attend sporting events | 8% |
| Theater | 3% |
"Face time with your superiors is critical to career success," explained TheLadders.com founder and president, Marc Cenedella. "While it's more common to hear the 'dinner with the boss horror story,' the vast majority of out-of-office experiences produce good results. Executives should really look at the office holiday party or dinner with the boss as an opportunity to cast themselves in a multi-dimensional light."
Now reaching over 207,000 readers and featuring over 3,000 new $100k+ job listings each week, TheLadders.com is the largest online job search engine catering exclusively to the $100k+ market. Marc Cenedella founded TheLadders.com in July 2003 after a tenure as Senior Vice President, Finance & Operations, at HotJobs.com, ultimately shepherding that company's sale to Yahoo, Inc. (NASD: YHOO) in 2002. In May 2004 he was named Entrepreneur of the Year by award-winning marketing newsletter, MarketingSherpa, which cited TheLadders.com's unique business model as a key to its sustained growth.
About TheLadders.comHeadquartered in New York, TheLadders.com, Inc. is a privately held company offering online job search services to recruiters and job seekers in the $100k+ employment market. Ex-HotJobs.com executive Marc Cenedella founded TheLadders.com in 2003 to address the unique job seeking and recruiting requirements in this market sector. Investors include leading venture capital firm Matrix Partners and prominent private investors such as Kevin Ryan, CEO, DoubleClick, Tom Matlack, Megunticook Management, and Robert Chefitz, NJTC Venture Fund.
In addition to its primary member-based site, the Company operates vertical job search Web sites for sales, marketing, finance, human resources, law, technology, and operations. All sites feature daily job updates as well as industry-specific weekly e-newsletters. For corporate and executive recruiters, TheLadders.com delivers the same highly personalized experience. TheLadders for Recruiters (www.recruitladder.com) enables them to easily post $100k+ job openings at no charge. The Company further differentiates itself from other online job boards that fall prey to fraudulent job postings by implementing human mediated search, ensuring all job postings are fully qualified before being published to members.
More information about TheLadders.com can be accessed at www.theladders.com.
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Media Contacts
Maria Schiller
TheLadders.com
646-453-1913
maria.schiller@theladders.com