Who is an applicant?
An applicant is someone who submits a formal application to a higher authority, such as a manager in a company, another institution, or a legal department. This application requests consideration of a specific matter.
Applicant Meaning and Significance in Human Resource Management
In human resource management, an applicant is a job seeker who expresses interest in a position advertised by a company. To be considered for the job, they typically submit a completed application form along with an updated resume to the organization's HR team.
The significance of applicants in HRM includes:
- Talent Acquisition: Applicants serve as a source of new talent for the organization. Every new hire brings in fresh skills, perspectives and experiences.
- Recruitment Process: Applicants undergo a systematic recruitment process, which involves screening, interviewing, and selection, to determine their fit for the job and the organization.
- Workforce Planning: Applicants help organizations meet their workforce planning needs. They help fill labour gaps and contribute to the achievement of business objectives.
- Diversity and Inclusion: Applicants come from diverse backgrounds which enhances an organization's vision for diversity and inclusion. It leads to a more innovative and creative workforce.
- Employer Branding: The way an organization treats its applicants reflects its employer brand. It influences its reputation and ability to attract future talent.
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