One of the most important HR functions is hiring the right people. When companies hire the right people, they increase their human capital resources. Human capital resources are the capacities available to an organization through its employees. The resources include specialized skills, collective knowledge, abilities, and other resources available through an organization’s workforce.

Identifying the top candidates is the objective of the selection process, which matches individual characteristics with the requirements of the job. When management fails to get a proper match, employee performance and satisfaction suffer. With more applications than ever coming in, it is paramount to ensure that your organization has an effective method for identifying the most qualified applicants. Having decided to apply for a job, applicants go through several stages during which they can be rejected at any time.