Working From Home Not a Factor for High Pay Executives
Executive Job Search Service, TheLadders.com, Surveys $100k+ Job Seekers on Perks Wish List
NEW YORK (July 6, 2004)- With the job market back on track, executives are now in a better position to start shopping for perks: What's at the top of their lists? Not the flexibility to work from home, says a survey of 1,078 executives in the $100k + job market conducted by executive job search engine TheLadders.com, www.theladders.com. Despite the growing trend towards telecommuting, only 18.7% of the executives surveyed ranked working from home as a "very important" priority.
"E-mail and the World Wide Web are extremely powerful tools. We obviously love them here at TheLadders.com as our whole business is based on them," explained TheLadders.com founder and president, Marc Cenedella. "But our readers, who represent a cross section of the nation's top $100K+ talent, obviously recognize that distance can be a distraction and that a warm human face beats the glow of a desktop when it comes to doing great work at senior levels."
While few of the survey respondents ranked working from home as a very important perk, most (36.6%) would take advantage of it if it was offered. Leaning a bit more towards the allure of the home office, 34.3% of the executives surveyed said that the flexibility to work from home is "important, but not a deal-breaker." Just 10.4% of those surveyed said they'd rather not have the option at all, preferring instead to work in the office.
The survey of registered $100k+ executives was conducted by TheLadders.com from June 14, 2004 through July 2, 2004.
Now reaching over 105,000 readers, TheLadders.com addresses the specialized needs of the high-end market by turning the traditional recruitment business model upside down. Each month, the TheLadders.com team of experts reviews over 160,000 jobs to select more than 7,000 jobs for inclusion in their weekly newsletters. The company searches the Internet for job postings, or, alternatively, employers can list them free of charge - a critical difference from traditional job boards because it enables TheLadders.com to list every appropriate $100k+ job opening on the market, not just paid listings. This distinction allows TheLadders.com to filter out any questionable job listings that do not meet the company's standards. TheLadders.com does not charge a fee for its basic job leads newsletter for job seekers. Instead, it generates revenues by offering a premium service to job seekers, which includes a greater number of job listings, more detail, early delivery, and more features for $30 per month. TheLadders.com's premium service fee keeps unqualified candidates out of the applicant pool and, thus, encourages employers to look at TheLadders.com applicants first.
Marc Cenedella founded TheLadders.com in July 2003 after a tenure as Senior Vice President, Finance & Operations, at HotJobs.com, ultimately shepherding that company's sale to Yahoo, Inc. (NASD: YHOO) in 2002. In May 2004 he was named Entrepreneur of the Year by award-winning marketing newsletter, MarketingSherpa, which cited TheLadders.com's unique business model as a key to its sustained growth.