You all may have heard or read on this site about any number of scams evolving Executives search firms. There is another one on the block called ExecutivesOnly.com and The Barrett Group that promises the increases of pay, tapping that elusive unpublished market of jobs, shortening your search time, and plugging you into their network of contacts.
You may not see much of this company reported with the Better Business Bureau because the owner of ExecutivesOnly.com and The Barrett Group sits on the board of the Rhode Island BBB (as Mr. and not Dr., can't seem to find out where he acquired that title). The prices are made up as they go depending how much of a sucker the next guy is. And if you finance the total over say 3 months, be assured you will not be on any interviews before that 2nd payment has been put in their account. They even keep the funds when the client cancels a deal in the rescission period. Trust me if you are in the $125,000 plus income bracket with a great degree or two, you do not need someone to find a position for you.
What is truly repugnant about these firms is that they prey on those people that are having difficult times and are on their last dollar; trust me these guys will take it anyway, what class. Most exec's are not on their last dollar it is the other company (TBG) that deals in the less that $75,000/yr, people that live paycheck to paycheck that are sold an incredible promise that will only cost them $3-4000, often their last bit of money. On the web site, you might want to question just how many of the postings are current, you'll find the explanation is it just got filled darn!
I know all of this to be true as I am an X employee. I had to leave immediately upon finding these tactics to be true. And there is more that can be read on other sites like this one in the coming weeks.