The main complaints:
TheLadders’ subscribers claim the company sells them access to “$100k+” job listings that (1) don’t exist, (2) don’t pay $100k+, and/or (3) were not approved by the employer.
Other complaints are about misleading billing practices, whereby subscribers who sign up for three months, then decide to stop, continue getting charged every month without further notice.
TheLadders “resume writing service” has also been called a racket by customers who complain that, rather than customization, TheLadders delivers copycat boilerplate that’s also used by other resume services.
Employers Complain
TheLadders continues to discredit itself while suffering renewed attacks from its own paying subscribers, but now employers, too, have begun to complain that TheLadders is a scam. This article reports how job hunters and employers believe the scam works.
Recent disclosures reveal that TheLadders’ claims of exclusivity and “Only $100k+” jobs and candidates are untrue, and that it not only fails to deliver what it charges for, but that TheLadders interferes with the business of companies that are not even its customers.
Among the key accusations is that TheLadders takes job listings from employers’ own websites without authorization, even after being told to stop, and that TheLadders misrepresents the salaries on those jobs so that it can beef up its questionable database of “50,000, high-level 100k+ executive positions.”
No Quality Control
TheLadders CEO, Marc Cenedella, has admitted that 50% or more of those “$100k+” jobs are “scraped” from other online databases, over which TheLadders has no authority or quality control. At best, TheLadders may thus have no more than around 25,000 verified job listings that employers have actually posted in its database.
In the meantime, Cenedella also claims TheLadders has 4.5 million subscribers, earning “$100k+”, competing for those 25,000 “$100k+” jobs. (You do the math.)
For the complete article: http://corcodilos.com/blog/3219/theladders-how-the-scam-works-2
