TheLadders is a New York-based job site that charges subscribers, mostly professionals from the white-collar world, $25 dollars a month to search its database. CEO Alex Douzet says the goal is to pair people with appropriate jobs. It even tells job candidates who they’re competing against.
"The number one complaint we hear from people is 'I've see jobs online that I'm a good fit for. I apply and I don’t hear back. Why?'" he said.
To answer that question, TheLadders launched a new service called Scout that shows where other applicants work, went to college, even how much they make.
"We stripped out the confidential information. So we're not showing you their name or the company they work for," Douzet said. "What we've done is show you their title, what skill sets they have."
Even with all that competition, Douzet said job seekers should be optimistic especially if they're interested in tech.
"We're seeing all kinds of sectors hiring," he said. "New York has been known in the past for industries like insurance, financial service, real estate, media, but we are seeing new tech, and the new economy going really fast and creating jobs and hiring people....Every industry is being transformed by technology."
In fact, TheLadders itself is going through a transformation of its own as job seekers conduct searches on the go.
"Our traffic coming from mobile has doubled every year for the past couple of years," he said. "Today, one out of every three persons will access TheLadders from a tablet or a smart phone. We think that by the end of this year over half of our users will come from a mobile device."
Still, Douzet said taking that professional leap may take a little while. The average job search takes about six months and that jobs seekers should be prepared to apply and interview numerous times for multiple positions before actually getting an offer.
TheLadders has faced some of its own challenges. In March, it was sued for allegedly posting jobs that did not exist and that did not pay more than $100,000 as promised, and it was alleged those postings were scraped illegally from elsewhere on the internet. Read the complaint here.
In response to those allegations, Douzet told New Tech City's host Manoush Zomorodi: "This case has no merit, and we hope that it will be thrown out of the court quickly."