NEW YORK (March 30, 2006) - BusinessWeek Online and TheLadders.com, the world´s leading online service for $100,000 jobs, today announced an exclusive one-year partnership agreement in the $100,000 employment market.
Designed to keep readers informed of important news that affects the business community in the U.S. and abroad, the BusinessWeek Online site is viewed by more than five million unique visitors each month.Content from BusinessWeek Online as well as BusinessWeek magazine will be highlighted on TheLadders.com´s suite of sites and in the company´s weekly newsletters. The alliance also brings TheLadders.com´s online job services to BusinessWeek Online´s audience of business leaders and decision-makers.
"BusinessWeek Online features late-breaking news and economic analysis as well as a variety of articles targeted to the interests of busy executives and business leaders," stated Kenneth Eng, Director of Business Development for BusinessWeek. "Our partnership with TheLadders.com presents a significant opportunity by enabling us to expand the reach of our content and ensure job seekers always have a trusted, go-to resource for the latest industry information."
This exclusive ´ agreement combines the power of the two leading executive-career resources for the benefit of their complementary audiences. It also represents both parties´ commitment to bringing the latest news, trends and offerings together to better assist job seekers in achieving their career objectives. Subscribers to TheLadders.com receive access to one of the most comprehensive sources of $100,000 job openings, many of which are not published anywhere else, as well as valuable content and exposure to a network of more than 14,000 recruiters. The alliance brings TheLadders.com´s online job services to BusinessWeek Online´s audience of high-level job seekers via a customized Web site located at www.theladders.com/businessweek.
"Executives and business leaders are already turning to our sites to get the latest information about career trends and employment news, making this a win-win partnership for both BusinessWeek Online and TheLadders.com," said Marc Cenedella, Founder and CEO of TheLadders.com. "This alliance not only benefits our subscribers, it will also enhance the career resources offered on BusinessWeek.com. We look forward to working with the BusinessWeek Online team to expand our growing online presence."
About BusinessWeek
BusinessWeek is a leading global business media organization, providing unparalleled insight and analysis to a worldwide audience of business leaders. Founded in 1929 and published by The McGraw-Hill Companies, BusinessWeek magazine is the market leader, with more than 4.7 million readers each week in 140 countries. Local language editions include Chinese, Russian and Bahasa Indonesian. Launched in 1994, BusinessWeek Online is the preeminent provider of daily, essential business news, information, and services to business decision-makers. Reaching 80 percent of the nation's households, BusinessWeek Weekend delivers important business, consumer and financial news to television viewers every week.
About TheLadders.com
Headquartered in New York, TheLadders.com, Inc. is a privately held company offering online job search services to recruiters and job seekers in the $100k employment market. Ex-HotJobs.com executive Marc Cenedella founded TheLadders.com in 2003 to address the unique job seeking and recruiting requirements in this market sector. Investors include leading venture capital firm Matrix Partners and prominent private investors such as Kevin Ryan, Former CEO, DoubleClick, Tom Matlack, Megunticook Management, and Robert Chefitz, NJTC Venture Fund.
In addition to its primary member-based sites, www.theladders.com and www.upladder.com, the Company operates vertical job search Web sites for sales (www.salesladder.com), marketing (www.mktgladder.com), finance (www.financeladder.com), human resources (www.HRladder.com), law (www.lawladder.com), technology (www.technologyladder.com) and operations (www.opsladder.com). All sites feature daily job updates as well as industry-specific weekly e-newsletters. For corporate and executive recruiters, TheLadders.com delivers the same highly personalized experience. TheLadders for Recruiters (www.recruitladder.com) enables them to easily post $100k job openings at no charge. The Company further differentiates itself from other online job boards that fall prey to fraudulent job postings by implementing human mediated search, ensuring all job postings are fully qualified before being published to members.
More information about TheLadders.com can be accessed at www.theladders.com.
´TheLadders.com is the exclusive subscription job-search service on BusinessWeek for 100k jobs.
Media Contacts:
Kimberley Quinn
BusinessWeek
kimberley_quinn[at]businessweek.com
(212) 512-2882
Gina Stikes
TheLadders.com
(646) 453-1807