An Applicant Pool refers to the group of candidates who have applied for a particular job opening or multiple positions within an organization. This pool includes all individuals who meet the initial criteria set by the employer and have submitted their applications for consideration. Managing the applicant pool effectively is crucial for organizations to ensure they attract a diverse range of talent and identify the best candidates for their needs.
For instance, if a company advertises a position for a marketing manager, the applicant pool will consist of all individuals who have applied for this role. By reviewing the applicant pool, the HR team can evaluate resumes, assess qualifications, and shortlist candidates for further evaluation or interviews. A well-maintained applicant pool allows for better comparison of candidates and supports a more streamlined hiring process.
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