Overview
Ladders, Inc. is a specialized career platform that targets high-paying professional and executive job opportunities, specifically those exceeding $100,000 in annual salary. Often branded as the "$100K+ Club," it is positioned as an elite career community aimed at senior professionals and executives looking to advance their careers.
Leadership
Marc Cenedella is the Founder and CEO of Ladders, Inc. He is recognized for his expertise in career strategies, having authored significant works on job search strategies, resumes, and interviews. Cenedella holds an MBA from Harvard Business School.
Financials
For the year 2024, Ladders reported a revenue of $20.3 million, showing a robust growth from $9.4 million in 2023 and $8.3 million in 2021. The company has successfully raised total funding of $8.75 million through multiple rounds, with the latest being a $1.5 million loan secured on April 10, 2020.
Employee and Leadership Insights
Ladders employs around 350 individuals, with a leadership team consisting of 12 executives. The executive team, led by Marc Cenedella, holds an employee evaluation rating of 2.4 out of 5, placing them in the bottom 10% compared to similarly sized companies.
Online Presence
Ladders maintains an influential online presence through its website, [theladders.com](https://www.theladders.com/), which features resources for job searches, remote job listings, and career advice. Their platform actively updates users on the latest trends and best practices for professional development.
Competitive Marketplace
Ladders primarily competes in a niche market that focuses on high-end professional roles. Major competitors include platforms such as LinkedIn Job Search, ZipRecruiter, Indeed Hiring Platform, Remote, and Paycom, all of which offer a mix of broad and specialized services tailored for job seekers and employers alike.
Competitors Breakdown
- LinkedIn Job Search: Widely recognized for its extensive professional network exceeding 1 billion members, LinkedIn combines social networking with recruitment solutions. It has been a subsidiary of Microsoft since 2016.
- ZipRecruiter: Known for its AI-driven smart matching technology, ZipRecruiter is a prominent player in the online recruitment space. Despite announced layoffs in May 2023 affecting 20% of its workforce, ZipRecruiter sustains a notable market presence with past revenues of US$418.1 million in 2020.
- Indeed: As a part of Recruit Holdings from Japan since 2012, Indeed is a leader in global job site offerings, serving over 60 countries and 28 languages. Despite facing layoffs in 2023 and 2024 due to hiring slowdowns, Indeed continues its pay-for-performance recruitment services.
- Glassdoor: Offering valuable insights into company cultures and employee experiences, Glassdoor, acquired by Recruit Holdings in 2018, complements Indeed by enabling users to access transparent reviews and salary information.
Strategic Market Position
In light of these competitive dynamics, Ladders focuses on high-earning job positions, providing exclusive job listings and tailored recruitment solutions. The company's ability to understand competitor strategies is crucial for enhancing its market proposition and sustaining customer loyalty. The employment services industry remains dynamic, with Ladders needing to adopt innovative and adaptable strategies to maintain and expand its market influence.
Contact and Further Resources
For more information or inquiries, Ladders encourages engagement through their website's contact page, career advice sections, and customer service portal. They are headquartered at 244 5th Ave, Suite D100, New York, NY 10001, USA.
Note: Details provided herein give a detailed business and competitive landscape profile of Ladders, crucial for understanding its strategic positioning and operational dynamics.
