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what is a hiring pool

November 11, 2020 General

Companies with very large applicant pools may benefit the most from using pre-employment tests very early in the hiring process because the data gathered from these tests can be used to narrow down large applicant pools at the front-end. The content on our website is only meant to provide general information and is not legal advice. The employer utilizes the applicant pool for the selection process by reducing the number of candidates to a short list. © 2020, Bold Limited. Sorting through inflated applicant pools is time consuming, which is why many employers and recruiters turn to applicant tracking systems (ATS) and pre-employment tests to help organize, categorize, and filter candidates based on their qualifications. If there is a large number of individuals in an applicant pool, a long list may need to precede the short list. Employers can choose to advance only the candidates who score well enough on the tests to the next step in the evaluation process, allowing hiring managers to spend their time and resources on candidates who meet the basic requirements for the position. One study estimates that, on average, 250 resumes are submitted for every corporate job opening, a daunting figure. The size of an applicant pool can vary depending on the job description, the amount of experience required, the intensiveness of the application process, the competitiveness of the compensation offered, and the avenues through which the job is advertised to potential candidates. On-Demand Assessment™, HireSelect® and Criteria Corp™ are trademarks of Criteria Corp. To meet the hiring needs of the Agency, DIA’s Office of Human Resources maintains a group of pre-qualified and cleared individuals in something called a “hiring pool.” The DIA hiring pool brings new talent into our career fields. All rights reserved. An applicant pool consists of all the applicants who are applying for a particular position. Do not rely on the content as legal advice. Copyright © 2005-2020 Criteria Corp. Web-based Pre-Employment Testing Software-as-a-Service (SaaS). For assistance with legal problems or for a legal inquiry please contact you attorney. All rights reserved. Applicant pools are the people who have applied for open positions with an organization. The majority of our hiring is for entry-level positions; however, the Agency may post vacancies for mid- and senior-level positions as mission dictates. As it relates to using pre-employment tests, the size of a company’s applicant pool may influence an organization’s decision concerning when in the hiring process to administer tests. Featured Case Study: Macfab Achieves 90% Hiring Success Rate, The Definitive Guide to Pre-Employment Testing, Definitive Guide to Pre-Employment Testing. It is a group of suitable candidates who have expressed interest in you as their employer. Determining relevant selection criteria that meet the job requirements are essential to decreasing an applicant pool to candidates suitable for the position. Applicant pools may be enormous for some jobs, with thousands of qualified candidates. MRAB copyright © 2006 Harvard University (patent pending) is licensed exclusively by Criteria Corp. If there is a large number of individuals in an applicant pool, a long list may need to precede the short list. This produces difficulties for hiring managers who need to distinguish between candidates to create a short list. The employer utilizes the applicant pool for the selection process by reducing the number of candidates to a short list. In recent years, applicant pools have been growing as a result of online job postings, which make it easier for job seekers to both find jobs online and apply to them with ease. We make our best efforts to make sure the information is accurate, but we cannot guarantee it. While the internet may have streamlined the application process for candidates, it has simultaneously made the job of the hiring manager much more difficult. Definition of Applicant Pool: An applicant pool consists of all the applicants who are applying for a particular position. A talent pool is a database of candidates profiles interested in working for your company. Applicant pools are the people who have applied for open positions with an organization. The size of an applicant pool can vary depending on the job description, the amount of experience required, the intensiveness of the application process, the competitiveness of the compensation offered, and the avenues through which the job is advertised to potential candidates.

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