Processing the applicant pool

What is meant by Processing the applicant pool?

"Applicant Pool Processing" refers to the process of managing and organizing applicants who have previously applied for open positions but may not have been immediately hired. This process typically involves capturing, tracking, evaluating, and communicating with applicants to identify and leverage potential candidates for future positions or projects.

Typical functions of software in the "Applicant Pool Processing" area include:

1. Applicant Database: Capturing and managing applicant profiles and data in a central database.
2. Applicant Tracking: Tracking the progress and status of each applicant in the applicant pool.
3. Applicant Evaluation and Assessment: Evaluating and assessing applicants by recruiters or HR personnel.
4. Categorization and Segmentation: Categorizing and segmenting applicants based on criteria such as skills, experiences, or qualifications.
5. Automated Communication: Automated notifications and communication with applicants about the status of their applications and potential future opportunities.
6. Search and Filter Functions: Quickly finding and filtering applicants based on various criteria.
7. Applicant Matching: Matching applicants with future job requirements or project requirements.
8. Reporting and Analytics: Generating reports and analyses on the applicant pool and potential candidates.
9. Integration with Other HR Systems: Integration with other HR systems such as Applicant Tracking Systems (ATS) or Human Resource Information Systems (HRIS) for seamless data transfer and processing.
10. Data Privacy and Security: Ensuring compliance with data protection regulations and policies for the secure processing of applicant data in the pool.