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Executive Commutes Nearly Double National Average

Average Trip to Office Takes 42.3 Minutes According to Execs Polled by Jobs Web Site TheLadders.com <Back

NEW YORK (July 11, 2005) - Even easy street is clogged with traffic these days. According to a survey conducted by TheLadders.com, the world's leading $100k+ job search engine, executives at the top of the pay scale are saddled with longer commutes to the office than the majority of American workers. The average door-to-door commute time among executives surveyed was 42.3 minutes, compared with a national average of 24.3 minutes*.

When asked: How long is your commute; the majority of the survey respondents clustered in the 15-45 minute range. Of that group, 28% said they spend 15 minutes getting to work each day; 25% put in 30 minute commutes; and 19% log 45 minute commutes. Fourteen percent of the survey's respondents put the hour in "rush hour" with 60 minute commutes. Among the real road warriors: 6% said they commute for 75 minutes; 3% travel 90 minutes; 1% endure 105 minute commutes; and 4% actually spend two hours just to get into the office (see chart below). When asked: What is the longest commute you could live with; the average was 57 minutes (see chart below).

Despite ever-increasing gas prices, the car is still the undisputed king of the executive commute. When asked about their daily mode of transportation, 78% of executives said they drive. Trailing in a distant second place, mass transit only yielded 13% of the survey's responses. Among the more active commuters, 5% said they walk to work and 1% said they ride a bicycle. Two percent have cornered the market on frequent flyer miles, taking a plane to work (see chart below).

According to TheLadders.com's state-by-state breakdown of commuting data, the top five cities where executives have the longest commutes are: New York (52.9 minutes), Boston (52.6 minutes), Philadelphia (51 minutes), Atlanta (47.8 minutes), and Chicago (46.7 minutes). The cities where executives have the shortest commutes are: Phoenix (30.7 minutes), Austin (32.6 minutes), Seattle (34 minutes), Denver (35.3 minutes), and San Diego (35.5 minutes) (see chart below).

"Following the most traffic-choked weekend in U.S. history, the workday commute may seem like a vacation, but it is a s erious issue for many executives and their employers. In fact, 78% of our survey respondents said they would make a career decision based on commute time," explained TheLadders.com President and CEO, Marc Cenedella. "When weighing a great job offer against a potentially grueling commute, you have to ask yourself what kind of work you'll produce after battling traffic for two hours."

TheLadders.com's look at commuting is based on a series of independent surveys of registered $100k+ executives conducted by TheLadders.com between June 17th, 2005 and July 5th, 2005. The number of responses and margin of error for each survey is as follows:

  • How long is your commute? 1,271 Responses; Margin of Error: +/- 2.8%.
  • What is the longest commute you could live with? 1,528 Responses; Margin of Error: +/- 2.6%.
  • How do you commute? 965 Responses; Margin of Error: +/- 3.2%.
  • Would you make a career decision based on commute time? 1,180 Responses; Margin of Error: +/- 2.9%.

Now reaching over 435,000 readers and featuring over 20,000 new $100k+ job listings each month, TheLadders.com is the largest online job search service 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.

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About TheLadders.com
Headquartered 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