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TheLadders.com Upgrades to Premium Service Model for Recruiters

New RecruitLadder Solutions Provide Unmatched Access to World's Leading Pool of $100k+ Talent <Back

NEW YORK (October 23, 2007) - TheLadders.com, the world's leading online marketplace for $100k+ jobs, today announced that it is upgrading its existing RecruitLadder service to an exclusively fee-based suite of online recruiting solutions.

Effective November 1, new recruiters signing up with TheLadders.com will be able to select from two comprehensive recruiting service options: RecruitLadder Premium and RecruitLadder Enterprise, both of which offer unlimited job posting and candidate database searching. Charter members of the RecruitLadder community will be offered varying levels of complimentary access to RecruitLadder Premium. This will give them the opportunity to transition to the new service and experience the powerful new solutions developed by TheLadders.com.

The movement to a premium service model reflects the increasing value that recruiters and human resources professionals place on a superior recruiting platform that can manage multiple searches and be integrated into existing talent management infrastructures. With job seeker membership at TheLadders.com topping 1.6 million, the new model gives recruiters access to the world's largest pool of $100k+ talent, a highly desirable and valuable demographic.

"TheLadders.com mission has always been to create a unique place where highly qualified talent can find the right jobs and the right recruiting professionals seeking their talent," said Marc Cenedella, CEO and founder of TheLadders.com. "As we've grown into the leading destination for this powerful group, the voice of the recruiter community has clearly said "We like this, we value this, and we want more". They want targeted search capabilities to find candidates who may not be actively looking; they want multi-user functionality; and they want it all built into their back-office infrastructure," Cenedella added. "Now, we've taken these solutions to the next level with a paid search model that addresses a major pain point for the human capital industry, and will deliver real value to $100k+ job seekers and unmatched results to the people who fill those jobs. It's a true win-win for everyone."

The new RecruitLadder Premium and RecruitLadder Enterprise services will both be sold on a named user basis and will allow unlimited posting and searching; targeted searches; enhanced posting; search by zip-code and radius from job location; direct correspondence with multiple candidates; and candidate alerts. RecruitLadder Enterprise will also offer one-click OFCCP compliance, along with multi-user account management, employer branding options and a host of other corporate-level recruiting solutions.

"TheLadders.com has reached the point where we're seeing 25,000 qualified candidates enter our applicant pool every week. With hires from our site averaging $164,000 in annual compensation, this desirable demographic is impossible for recruiters to ignore," said Stuart Kerr, TheLadders.com Vice President, Enterprise Business. "The launch of our new premium services is the culmination of extensive research and nationwide focus groups with recruiters and job seekers, and the investment of millions of dollars in technology and development to create the ultimate recruiting tool for the $100k+ market. It is truly a one-of-a-kind resource."

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About TheLadders.com
TheLadders.com is the world's largest online service catering exclusively to the $100k+ job market. Our job is to make the search for senior talent and senior positions quick and effective. With access to the most $100k+ job leads in one place, senior level professionals can get to the next step in their careers faster. Top recruiters value the ability to quickly and easily connect with so much qualified talent in the sales, marketing, finance, HR, legal, tech and operations industries. Founded in 2003 by Marc Cenedella, TheLadders.com has grown into the largest specialty employment website with over 1,600,000 members and over 35,000 recruiters. In addition to traditional job search services, TheLadders.com also provides a host of specialized career development resources, including a proven, one-on-one resume service; advice from career experts; customized online profiles; and e-mail alerts. TheLadders.com is headquartered in New York with offices in London. For more information, please visit www.theladders.com or www.theladders.co.uk.

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Media Contacts
Maria Schiller
TheLadders.com
646-453-1913
maria.schiller@theladders.com