A fan of TheLadders posted a comment on TheLadders: Job-board salary fraud? explaining why you should be glad to fork over $30 per month to use the service. It’s worth discussing this suggestion by itself, so I’m posting my comment to paddy s here:
By paddy s
April 30, 2010 at 8:07 pm
a lot of you are missing the point about paying.recruiters do not want to be inundated with hundreds of unqualified resumes which is the case when the service is free.your legit resume with legit quaifications is likely to be lost in all that mess. a recruiter is more likely to read a resume from someone that is serious about finding a job and has undertaken a financial commitment to that effect.also-if you are a 100k plus individual searching for a similar paying job – $30/month is cheap insurance to separate you from the lesser qualified and lower paid ranks. it is obvious,so why all the bellyaching?
The bellyaching is due to the fact that Ladders customers are paying their money but not getting “$100k plus” job listings from TheLadders.
I started headhunting in 1979. I don’t recall ever placing a candidate who paid a dime to get on my radar, so your suggestion that a person must make “a financial commitment” is hogwash.
More to your point, TheLadders claims to have tons of paying job hunters in its database. Why is a headhunter “more likely to read a resume” from the teeming hordes in that massive database?
In order for TheLadders to position job hunters “higher up” with headhunters, Ladders would have to somehow vet or confirm those job hunters. TheLadders does not do that. It does not eliminate “unqualified resumes,” nor does it ensure that its paying customers have a “legit resume with legit qualifications.” (That would be a pretty good trick.)
TheLadders cannot even deliver on its promise that it accepts “Only $100k+ talent” into its database. Headhunters have learned that the hard way, just as employers have.
Even if TheLadders could guarantee the salary levels of the people in its database, why would I give them preferential treatment? My concern — and my client’s concern — is that the person can do the job profitably (not that they paid for my attention). What a person claims to be earning now is not a critical factor in candidate selection.
TheLadders does not ensure that a candidate is worth a headhunter’s attention, nor does it try. It can’t even ensure their salary level, any more than it can ensure the salary level of the positions it posts.
(If you want to learn how to work with headhunters, then spend a few bucks to educate yourself. Unlike questionable “positioning” in some database, the education will be yours forever.)
Do you get the point most folks here are making? TheLadders delivers no value. TheLadders has developed a reputation for dishonest advertising and dishonest business practices (read the comments from readers who continue to get billed by TheLadders when they don’t want the service, and from employers who did not consent to have their jobs posted on TheLadders).
Perhaps worst of all is the barrage of carny-barker-style e-mails TheLadders’ chief, Marc Cenedella, dumps on anyone who makes the mistake of giving him their e-mail address.
“recruiters do not want to be inundated with hundreds of unqualified resumes”
Yep. That’s what’s obvious. And that’s why good headhunters and good recruiters go out and find the people they want. They don’t sit in front of a computer screen waiting for TheLadders to ferry paying customers onto their desktops.