The Ladders Takes A Lickin’ With a Class Action Lawsuit
The Ladders, founded in 2003, is a job board, that, up until September, 2011, was only for executives who earned $100K+. Well, that’s what it was supposed to be. But for years, before the company changed their business model to be inclusive of lower salaried jobs, there were complaints from consumers yelling “fraud.” And, finally, it seems as though a class action suit has been filed against the career behemoth.
Nick Corcodilos, job advice guru and author of “Ask the Headhunter,” announced the news today in his newsletter and that’s how I got wind of it. (Thanks Nick!) Nick has been writing about The Ladders’ practices for years and I can just imagine him doing a little happy dance at his desk right now, with the knowledge that “what goes around, comes around,” even if it does take a while.
Among the most egregious complaints in the legal suit are that The Ladders, up until September 2011, routinely:
- Listed jobs that offered salaries significantly lower than $100K
- Trolled Websites and repurposed job postings that were obsolete and/or were not at the $100K level, which is what subscribers to the site were guaranteed as part of a premium service fee
In addition to this, The Ladders is apparently being sued for shoddy resume critique practices that involve form letters, and cheesy techniques to get consumers to spend oodles of dollars on resume rewrites. As a former resume writer, I can tell you that I’ve had my fair share of clients who came from The Ladders. They spent $500+ on really bad resumes that I had to then rewrite. Not cool.
If you’ve had bad experiences using The Ladders, I’m curious to hear about them. But more importantly, you can reach out to the law firm of Bursor & Fisher, for payback.